The Russian Deputy Foreign Minister visited Vietnam on June 13-14 at the invitation of the Foreign Ministry of Vietnam to attend the ninth Vietnam-Russia Strategic Dialogue on Diplomacy-Defense-Security and Political Consultation at the deputy-foreign-ministerial level, which aimed to roll out the cooperation plan between the two foreign ministries for the 2017-2018 period. At the reception on June 13 in Hanoi, Mr. Minh suggested that the two sides boost their discussions on regional and global issues for better coordination and wished Russia to further cooperate with ASEAN and actively contribute to maintaining peace and stability in the Asia-Pacific region. Deputy Prime Minister and Foreign Minister Pham Binh Minh (R) and Russian Deputy Foreign Minister I. Morgulov. Photo: baoquocte.vn Minh also showed his pleasure at fine developments in relations between the two countries and hoped the two foreign ministries would continue boosting cooperation in all fields to be … [Read more...] about Vietnam, Russia reinforce strategic partnership
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PM promises 5-7 per cent corporate income tax cuts at GMS Summit
Prime Minister Nguyen Xuan Phuc at the sixth GMS Summit “We have been working to meet our commitments to protect intellectual property rights, innovative ideas, and the inventions of startups. We will continue to boost tax policy reforms and corporate income tax will be decreased to 15-17 per cent from the current 20-22 per cent,” stated Prime Minister Nguyen Xuan Phuc at the sixth Greater Mekong Subregion (GMS) Summit. At the summit, the PM said that in 2017, Vietnam continued to maintain one of Asia’s highest economic growths, with inflation controlled at 3.5 per cent. The country’s interest and exchange rates remained stable, trade turnover reached a record $425 billion, and foreign reserves have exceeded $60 billion. According to the World Bank, Vietnam’s Ease of Doing Business Index last year jumped 14 places to stand 68th among 190 economies. The World Economic Forum (WEF) placed Vietnam’s Global Competitiveness Index (GCI) at 55th out of … [Read more...] about PM promises 5-7 per cent corporate income tax cuts at GMS Summit
Firms updated about RoK’s new rules on agricultural imports
Mangos are packaged to prepare for export (Photo: VNA) Hanoi (VNA) – Meeting tougher technical standards in production and preservation is the key to helping Vietnam’s agricultural products, including fruits, actively raise their export volume and value, an official has said. Nguyen Quoc Toan, Acting Director of the Agro Processing and Market Development Authority under the Ministry of Agriculture and Rural Development, made the remark at a workshop in Hanoi on June 19 that focused on the Republic of Korea (RoK)’s management system of the plant protection product (PPP) residue list for imported agricultural products. He said although agricultural products of Vietnam boast huge export potential, only when they meet strict production and preservation standards can the possibility of being exported directly to such markets as the RoK, Japan, Taiwan (China) and Europe be improved. Le An Hai, Deputy Director of the Department for Asian – African Markets of … [Read more...] about Firms updated about RoK’s new rules on agricultural imports
