Vietnam romania relations

This platform has subsidized Vietnam since 2017, so the game price could be at least half cheaper. Previously, games sold on Steam were calculated at USD rates, with US tax (up to 30%). After the price is converted to the VND, games on Steam are sold at least half the price when paying by international credit card by users with a location in Vietnam. As a result, Vietnamese traffic currently accounts for 0.3% of Steam's total bandwidth, only 0.1% to 0.2% lower than regional countries such as Malaysia, the Philippines or Indonesia. … [Read more...] about Steam, Netflix do business in Vietnam without paying taxes

Machinery is used in a sod-turning ceremony to start the construction of Lien Ha Thai Industrial Park in Thai Binh Province, northern Vietnam, December 13, 2020 Photo: Khanh Linh / Tuoi Tre The industrial park sits on 588.84 hectares and is projected to cost VND3.885 trillion ($168 million) to build. … [Read more...] about PM attends ceremony to start construction of $168mn industrial park in northern Vietnam

Hanoi (VNA) – Vietnam’s garment-textile sector sets a target of 39 billion USD in export revenue this year, equal to that of 2019, according to the Vietnam National Textile and Garment Group (Vinatex). Last year, due to impacts of the COVID-19 pandemic, the US-China trade tensions, the trade protectionism and the Brexit, Vietnam’s garment-textile exports reached only 35 billion USD. However, the result is still remarkable given the global demand dropping over 22 percent. In 2020, Vietnam was the only among the world’s top five garment-textile exporters not to have to cease production. Vinatex recorded total revenue of 15.5 trillion VND (670.7 million USD) and combined profits of 628.9 billion VND, equal to 106 percent and 164.8 percent of the set targets, respectively. Vinatex Chairman Le Tien Truong suggested the Government cut long-term interest rates, elaborating that garment-textile firms would find it hard to access loans after a year of low business … [Read more...] about Garment-textile sector eyes 39 billion USD in export turnover

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,136 VND per USD on January 15, up 4 VND from the previous day. With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,829 VND/USD and the floor rate, 22,442 VND/USD. The opening hour rates at some commercial banks slightly fluctuated. At 8:25 am, Vietcombank listed the buying rate at 23,950 VND/USD and the selling rate at 23,160 VND/USD, both unchanged from January 14. BIDV listed the buying rate at 22,980 VND/USD, up 10 VND, and the selling rate at 23,160 VND/USD, down 10 VND. Meanwhile, Vietinbank added 5 VND to both rates, at 22,923 VND/USD (buying) and 23,166 VND/USD (selling)./.  … [Read more...] about Reference exchange rate up 4 VND on January 15

Nguyen Thanh My, who was out on bail to serve an investigation into the violations at Sagri, has died - PHOTO: THE MINISTRY OF PUBLIC SECURITY HCMC - Nguyen Thanh My, former deputy head of the planning and investment division at State-owned company Saigon Agriculture Incorporated (Sagri), died of a disease while he was out on bail to serve an investigation into alleged violations of regulations on the management and use of State assets at the company. … [Read more...] about Former Sagri official dies