Lee Jong Hyuck, deputy CEO of Shinhan Bank Vietnam, receives the ‘Best Company to Work for in Asia’ award at a ceremony in HCM City on August 11. — Photo courtesy of the company Shinhan Bank has won the ‘Best Companies to Work for in Asia’ award in Vietnam from HR Asia Magazine for a fourth straight year. The awards were based on an employee satisfaction survey, an in-depth assessments with executives of companies to better understand HR policies, recruitment, employment information and strategic points to build a good workplace, and independent information acquired in the media and interviews with industry experts. The judges praised the bank for its efforts to create an ideal working environment and its capacity to adapt to the problems brought by the COVID-19 outbreak, particularly during the peak period in 2021. The bank rapidly developed a business continuity plan led by senior personnel, utilising digital transformation technology to ensure business and operational … [Read more...] about Shinhan Bank wins ‘Best companies to Work for in Asia’ award for 4th time
Automatic toll collection system using rfid
Hanoi boosts socio-economic growth, but remains vigilant against Covid-19
The city is keen to avoid any Covid-19 impacts that could derail its plan for socio-economic recovery for this year. The Hanoi People's Committee has urged local agencies to remain vigilant against the Covid-19 pandemic and accelerate the disbursement of public funds, seen as a key task for socio-economic recovery for the rest of the year. Electronics production at Rhythm Precision Vietnam, Soc Son District, Hanoi. Photo: Pham Hung Among the key tasks, the city would focus on the Covid-19 vaccine roll-out by providing boosters for eligible people, including the completion of vaccination for children aged 5-12 before September 2022, noted the municipal People’s Committee in a directive. The city’s authorities reiterated public investment is a key task for economic development and considered pubic fund disbursement a key criterion to evaluate the performance of each agency, department, and unit by year-end, especially leaders and senior officials. “Efforts … [Read more...] about Hanoi boosts socio-economic growth, but remains vigilant against Covid-19
Hanoi helps businesses get loans
The city's authorities will continue focusing on boosting economic recovery while addressing the concerns of the business community. An agreement signing ceremony to support access to concessional loans between the Hanoi Investment Fund for Development, the city's commercial banks and the business community took place at a conference connecting stakeholders in Hanoi on 15 August. An overview of the signing ceremony. Photo: kinhtedothi.vn The municipal Department of Industry and Trade and the Investment Fund for Development also signed an agreement on cooperation and information exchange on the same day to promote the recovery of the city’s businesses in the post-pandemic period. Speaking at the conference, Acting Director of the Hanoi Department of Industry and Trade Tran Thi Phuong Lan said: “The conference is expected to facilitate the connection between local banks and businesses to support those who need concessional loans.” She called on the … [Read more...] about Hanoi helps businesses get loans
Foreign embassies in Vietnam issue travel advisory on Covid-19 complications
With the expansion of the Covid-19 pandemic, foreign embassies in Hanoi recommended expats avoid leaving Vietnam. As the Covid-19 pandemic is expanding, foreign diplomatic representations in Vietnam have updated the situation either in their websites or Facebook pages, helped their citizens carry out administrative formalities to return home and warned them not to leave the Vietnam. The Biristh embassy in Vietnam told Hanoitimes via email that the embassy highly appreciated the Vietnamese government's response to Covid-19. “The system has been quick to identify and isolate cases. The WHO has commended the response,” the embassy wrote. The embassy has advised all British citizens in Vietnam to follow and update information about Foreign and Commonwealth Office travel advice. “We are providing consular assistance to the British people affected. We advise all British nationals in Vietnam to follow our travel advice, which is kept under constant review,” the embassy wrote. … [Read more...] about Foreign embassies in Vietnam issue travel advisory on Covid-19 complications
Vietnam denies entry of nearly 300 passengers on concern over Covid-19
The denial is in line with regulations on prevention of Covid-19 which has caused 15 infections in the country. Vietnamese authorities have denied the entry of nearly 300 passengers whose time window between leaving China and entering Vietnam has been less than 14 days (the incubation period of the virus). Vietnam denies entry of passengers in some cases. Photo: Zing So far, Tan Son Nhat International Airport in Ho Chi Minh City and Noi Bai International Airport in Hanoi have refused to allow 289 passengers to enter the country following regulations on preventing Covid-19, the new name of the latest strain of coronavirus. Tan Son Nhat airport denied 286 passengers while Noi Bai refused three. Of the passengers, 218 came from Hong Kong on a flight by Cathay Pacific, the flag carrier of Hong Kong, 44 from Malaysia, 10 from Thailand, and four from Singapore. Under international law, the passengers were sent back to the departing locations on the same day. … [Read more...] about Vietnam denies entry of nearly 300 passengers on concern over Covid-19
Two dead, three missing after boat capsizes in Chay River in Lao Cai
The boat after the accident Specifically, at 8 a.m. on August 15, a boat carrying five people suddenly drifted into the whirlpool area in Chay River, a section through Coc Re Village, Ban Me Commune, Si Ma Cai District triggering the toppled boat. All victims who live in Ban Me Commune of Si Ma Cai District used the boat to visit their relatives in Na Loc Village, Ban Lau Commune of Muong Khuong District. After receiving the information, 100 police officers and local people urgently searched for the victims. Currently, two people were found. A working delegation was assigned to coordinate with local authorities for investigation and clarifying the causes of the incident. Receiving information about the incident, Standing Deputy Prime Minister and Chairman of the National Traffic Safety Committee Pham Binh Minh requested local authorities to promptly overcome the consequences of the incident, and send condolences to the victims’ families. By Minh Anh- Translated by Huyen … [Read more...] about Two dead, three missing after boat capsizes in Chay River in Lao Cai
Vietnam to tighten management, increase supervision to prevent tax loss
Nowadays online shopping becomes more popular than in-store shopping The new Law on Tax Administration which took effect in mid-2020 has added regulations on the responsibilities of relevant ministries including the Ministry of Industry and Trade, the Ministry of Information and Communications, the Ministry of Finance, and the State Bank of Vietnam in tax administration for e-commerce business activities. Plus, the Decree No. 126/2020 also details e-commerce business for individuals. Accordingly, if an organization does business with an individual, the individual does not directly declare tax, but the organization is responsible for declaring VAT on the entire revenue of business cooperation activities, regardless of the form of business cooperation results. At the same time, the organization declares and pays personal income tax on behalf of the individual. Accordingly, with this provision, local businesses which cooperate with a foreign party shall pay tax on behalf of the … [Read more...] about Vietnam to tighten management, increase supervision to prevent tax loss
Clean energy brings stable electricity supply to Truong Sa Archipelago
The lives of soldiers and islanders in Truong Sa island district in the south-central province of Khanh Hoa have changed a lot thanks to solar panels and wind turbines. Solar panels are installed in Truong Sa island district. (Photo: VNA) Solar and wind power is used widely in islands belonging to Vietnam's Truong Sa (Spratly) Archipelago, said Colonel Le Dinh Hai, Deputy Head of Brigade 146 under Naval Region 4. Hai, who is also Chairman of the Truong Sa District People's Committee, said that the clean energy sources now could meet the daily needs of local residents for cooking, and powering TVs, radios and even electric fans at night. "Truong Sa is the first district in Vietnam lit up with clean energy," Hai said, adding that thanks to the stable energy source, activities on the island became much more convenient than before. Thai Minh Khai, a local resident living in Song Tu Tay Island, said his family had lived on the island for more than four … [Read more...] about Clean energy brings stable electricity supply to Truong Sa Archipelago
Bamboo Airways names new senior advisor amid restructuring
Minh, 62, is also the founder and chairman of property developer Him Lam. His appointment came three days after the airline named a new chairman . Minh will be key to the restructuring of Bamboo Airways’ management and expansion, Chairman Nguyen Ngoc Trong said. Sacombank was one of the top lenders to Bamboo Airways and its parent company, FLC Group. Hundreds of millions of airline shares were used as collateral for loans at the bank under the reign of ex-chairman Trinh Van Quyet, who was arrested for allegedly manipulating the stock market . As of June 30, the group and its subsidiaries had finished paying off their VND1.8 trillion ($76.9 million) debt to Sacombank, according to FLC’s financial statements. Bamboo Airways currently operates nearly 170 flights a day on 40 domestic and 12 international routes. The carrier plans to continue launching new international services to tourism markets in Asia, Europe and Australia. It also plans to increase its fleet to 35 by … [Read more...] about Bamboo Airways names new senior advisor amid restructuring
Dantri/DTiNews readers support sick Ben Tre girl
Dantri/DTiNews readers have donated VND225 million (USD9,698) to a four-year-old girl in the southern province of Ben Tre who is facing pneumonia and liver and kidney failure. The donation came after an article about Nguyen Ngoc Huyen Tran’s condition was published in the newspaper. Tran and her mother Tran was diagnosed with the diseases two years ago following a high fever. She had to stay at the hospital for many days. Tran’s father Nguyen Van Bang said at that time he had to sell all the family’s valuables to cover the treatment. However, Tran’s condition did not improve. She often has to use tranquilisers to ease her pain. The poor family is in desperate need of help Bang’s family also received a donation of VND40 million through the Vietnam Study Promotion Fund. Tran’s father expressed his great thanks to the public for their support. … [Read more...] about Dantri/DTiNews readers support sick Ben Tre girl