Mekong delta promotes Agritourism with farmer participation The travel industry in the Mekong delta has lately taken off with more holiday-makers, increased revenue and more farmer participation. Dong Thap province at the heart of the Mekong Delta is one of provinces with most farmer participating in agri-tourism. Nguyen Be Tu, owner of Tu ca Linh a 3-hectare agritourism farm in Tam Nong District said in these days, many holiday-makers phoned to experience flood season in Dong Thap Muoi when they can enjoy fishing linh fish and other species of animals. Before, Tu family just work on paddy fields and lotus field. After he was sent to visit agritourism farm models in other places, he decided to invest in 3 hectare lotus field into homestay tourism farm. Visitors can live in thatched houses next to lotus fields to breath fresh air and enjoy nature and landscape. Visitors can drain ditches for fish, pick up vegetables and live with kind inhabitants. Owner Tu engaged in agritourism for … [Read more...] about BUSINESS NEWS IN BRIEF 14/10
Deloitte doing business guides
VietNamNet Bridge – A lot of foreign invested enterprises (FIEs) have been found as conducting the behavior of “transfer pricing” which have been forced to pay tax arrears. However, the fighting against price transfer has always been a thorny issue to the state management agencies. Transfer pricing burns in Vietnam Transfer pricing skills plentiful Legal framework – the weapon in the fight against price transfer A survey of Dr Phan Thi Thanh Duong from the HCM City Law University--showed that the first move taken by the government of Vietnam to fight against the price transfer was the promulgation of the Ministry of Finance’s Circular No. 74/1997/TT-BTC that guides the taxation on foreign investors. After that, the Circular 89/1999/TT-BTC and Circular No. 13/2011/TT-BTC were issued. However, the issue later was not covered by the Circular No. 05/2005/TT-BTC on the contractor withholding tax. After that, the price transfer was once … [Read more...] about Efforts to fight against price transfer bring initial successes
Border fair promotes Vietnam-Laos trade exchange A week-long border trade fair in the northwestern province of Son La has attracted tens of thousands of visitors. More than 100 businesses from Son La and Hoa Binh provinces, Hai Phong city and Laos’ Houaphanh and Oudomxay provinces brought to the fair a wide range of products from garment, electronic products, household goods, and basic foodstuffs to farm tools and telecommunications services. The event was a good venue for them to promote trade market expansion and linkage between themselves and local retailers. The fair also helped residents in the border areas access quality goods at reasonable prices. Local people had the chance to introduce their agricultural and brocade products to the Lao market. The fair closed on October 23. Japan IT Week opens in Hanoi More than 80 meetings between Japanese and Vietnamese businesses have been scheduled during the 2013 Japan IT Week, officially launched in Hanoi on October 23. The … [Read more...] about BUSINESS IN BRIEF 25/10
Japan firms eye investment via public-private partnership As the government can afford only a half of the $160 billion needed for the country’s infrastructure development, Vietnam can hopefully solve the problem thanks to Japanese investment via the public-private partnership (PPP) scheme, a forum heard yesterday in Tokyo. Speaking at the investment forum between the two countries held by Vietnam’s Ministry of Planning and Investment and the Japanese Mainichi Newspaper, Deputy Planning and Investment Minister Dang Huy Dong said the government can no longer raise capitals from its traditional channels like issuing bonds or mobilizing ODA funds. “With the PPP scheme, the government accounts for only 30 percent of the capital investment, and the rest will be funded from the private sectors,” he said. He said the scheme is expected to attract $20 billion in foreign investments every year. Speaking highly of the Japanese investors’ competitiveness in … [Read more...] about BUSINESS IN BRIEF 2/8
They are senior executives at multinational companies. They have wide experience in building an organization or a team with a strong desire to win. The winning culture is an important foundation for talented people to get accelerated in their career. For many business leaders, one of the most read books about leadership is Dr Shelly Leanne’s "Leadership the Barack Obama Way", first published in the United States in 2010. This 400-page book has three parts, two of which discuss how to build a winning culture – a critical foundation to make a lively President of the United States during 8 years. The author wrote that one of Barack Obama’s keys to success is his ability to encourage and inspire the young people and to build a strong team to work together with him. Nowadays, building a winning team is no longer an unfamiliar term in the development strategy of multinational companies and it has become the guiding principle for talents with an ambition to grow and develop … [Read more...] about How to build a winning culture?