A customs official checks goods at Ben Luc Customs Sub-Department in the southern province of Long An. — VNA/VNS Photo Hoang Hung Simplified tax and customs procedures would attract more foreign investors to Viet Nam, said South Korean Ambassador Kim Do-huyn at a conference in Ha Noi on September 17. Ambassador Kim said Viet Nam needed to create a more transparent and fairer tax environment for businesses. South Korea is the largest direct investment partner in Viet Nam. According to statistics, South Korea has 6,760 projects with total registered capital of US$59 billion. Speaking at the meeting, which was held by Viet Nam’s Ministry of Finance and the South Korean Embassy in Viet Nam, Deputy Minister of Finance Vu Thi Mai said that administrative procedures, tax policies and customs were always a top concern. “The finance ministry is ready to listen to comments from enterprises to solve difficulties related to administrative procedures, tax and customs policies, … [Read more...] about VN and South Korea discuss tax policies
Discuss business ethics
VN, Mongolia agree to boost trade to US$10m by 2010
News Digest (13-12-2008) VN, Mongolia agree to boost trade to US$10m by 2010 HA NOI — Viet Nam and Mongolia have agreed to boost two-way trade from US$3.5 million to $10 million by 2010. Deputy Minister of Agriculture and Rural Development Ho Xuan Hung and Mongolian Minister for Food, Agriculture and Light Industry Tunjin Badoamjunai, agreed on this at the 13th session of the Viet Nam-Mongolia Inter-governmental Commission for Economic and Scientific and Technological Co-operation. At the four-day session, which opened in HCM City on Wednesday, the two sides also discussed measures to foster economic, scientific and technological co-operation for the next two years. They also agreed to create favourable conditions for business, saying that co-operation between the two banking sectors had created a trustworthy and fast payment mechanism. Nation lauds forum to promote democracy held in Indonesia HA NOI – The Vietnamese Government highly appreciated Indonesia’s … [Read more...] about VN, Mongolia agree to boost trade to US$10m by 2010
Corruption-free infrastructure key to sustainable development: Deputy PM
Permanent Deputy Prime Minister Trương Hoà Bình delivered a keynote speech at a high-level session of the 10th Regional Conference of the Anti-Corruption Initiative for Asia-Pacific, themed “Preventing and Combating Corruption in Infrastructure Projects in Asia-Pacific”, in Hà Nội on Friday. — VNA/VNS Photo HÀ NỘI — Deputy Prime Minister Trương Hoà Bình has asked the Government Inspectorate to learn from international experience in combating graft, especially in infrastructure projects, in order to ensure the country's sustainable development. He made the remark on Friday at the closing ceremony of the four-day 10th Regional Conference of the Anti-Corruption Initiative for Asia-Pacific, which was started in 1999 by the Asian Development Bank (ADB) and the Organisation for Economic Co-operation and Development (OECD), and was hosted this year by the Government of Việt Nam … [Read more...] about Corruption-free infrastructure key to sustainable development: Deputy PM
Aromatherapy offers stress relief
By Công Thành Essential oils are used in aromatherapy, combined with meditation, to ease stress. VNS Photo Công Thành Essential oils have been widely used as air fresheners and in cosmetic production, but now they are also being promoted for a combined aromatherapy-yoga-meditation-herbal therapy in Hội An. The therapy has attracted tourists interested in exploring natural essential oils and their various functions in a space outside of the ancient town's busy Old Quarter. Essensian Natural Health & Beauty shop on Phan Bội Châu Street offers a rendezvous point for people to discuss aromatic essential oils and their contributions to health and beauty care. Nguyễn Thị Ngọc Anh, known as Anh Nguyễn, who founded an aromatherapy-yoga-meditation-herbal medicine workshop in Hội An in 2016, reserves the space for stressed out visitors seeking a positive solution to escape the headaches … [Read more...] about Aromatherapy offers stress relief
Finance official ‘fundamentally wrong’ about water price: Hà Nội leader
A bird's eye view of the newly-built Đuống River water plant. — VNA/VNS File Photo HÀ NỘI — Hà Nội’s top leader has criticised the city's finance director for making a “fundamentally wrong” statement about an unusually high tap water price which sparked a protest from residents last month. The city People’s Committee chairman Nguyễn Đức Chung told a hearing of the municipal People’s Council on Wednesday that tap water issue was a matter many Hanoians cared greatly about. “I asked the Hà Nội finance department director at a work meeting of the city government on November 29 to seriously look back at and learn from his fundamentally wrong statement that cause misunderstanding among the citizens,” he said. Chung was referring to an announcement by finance department director Nguyễn Việt Hà claiming that 20 per cent of the price of … [Read more...] about Finance official ‘fundamentally wrong’ about water price: Hà Nội leader