An Phu Company which is responsible for the afforestation and forest management project was also shamed after 15.4 cubic metres of timber was found under three holes in their forest areas. The police launched an investigation into deforestation and Lam Dong People's Committee fined the company VND251m (USD10,800) for illegally building 14 houses and illegally converting 28ha of forest land for other usage. … [Read more...] about VIETNAM NEWS JANUARY 15
11 day tolerance break
VIETNAM BUSINESS NEWS JANUARY 15
To accomplish its targets, this year HAGL Agrico will focus on creating a master zoning plan for large-scale farming and husbandry areas. It will ensure topography and soil are suitable for each kind of fruit to facilitate mechanisation and modern management and synchronise technical infrastructure to meet the needs of irrigation, garden care, harvest, transportation, and preservation at farms. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 15
2020 – unprecedented year for mobile phone retail chains
In the years before, private shop owners earned big money because they had next-generation iPhones for sale sooner than iPhone authorized resellers. But in 2020, officially distributed iPhone 12s became available in Vietnam soon, on November 27, or just two weeks after they were launched in other markets. … [Read more...] about 2020 – unprecedented year for mobile phone retail chains
Steam, Netflix do business in Vietnam without paying taxes
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
Over 4,000 delegates to 13th National Party Congress to be tested for COVID-19
Hanoi streets decorated to welcome 13th National Party Congress The 13th National Party Congress is scheduled to be held from January 25 to February 2 in Hanoi. These days, major streets in Hanoi are adorned with flags and posters to celebrate the important event. … [Read more...] about Over 4,000 delegates to 13th National Party Congress to be tested for COVID-19
