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
Evipa vietnam
Omicron sub-variant BA-2.75 found in Vietnam
The new Omicron BA-2.75 sub-variant of Covid-19 has been detected in Vietnam. According to the Ministry of Health, the number of Covid-19 cases has been on the rise again in Vietnam with around 2,000 infections per day. The country has also seen the appearance of new sub-variants, including BA-2.75. A man is given Covid-19 testing in Vietnam Sub-variant BA-2.75 was discovered in many countries in early July. Experts warned that this variant has mutations that could affect people’s immune system and be easily transmissible. The Ministry of Health has instructed cities and provinces nationwide to closely supervise the pandemic and frequently update the number of infected cases. Localities have to provide timely treatment for patients to avoid the risk of more serious conditions or death. Many cities and provinces have been slow in rolling out Covid-19 vaccination. The Ministry of Health has urged them to speed up the process to ensure disease prevention and … [Read more...] about Omicron sub-variant BA-2.75 found in Vietnam
Vietnam chairs ceremony marking ASEAN’s 55th founding anniversary in Japan
At the ceremony (Photo: VNA) Tokyo (VNA) - The Vietnam Embassy in Japan on August 16 chaired a ceremony celebrating the Association of Southeast Nations (ASEAN)'s 55th founding anniversary with the participation of ambassadors/chargé d'affaires of the bloc’s 10 member states. In his opening speech, Vietnamese Ambassador Vu Hong Nam, who is the current rotating Chair of the ASEAN Committee in Tokyo (ACT), said ASEAN is now one of the most dynamic and successful regional organisations in the world. According to the ambassador, with a population of nearly 700 million and GDP exceeding 3.2 trillion USD, ASEAN is the world's 5th biggest economy. The bloc’s trade has so far recovered to the pre-COVID-19 level and is forecast to grow 4.9% this year and 5.2% in 2023. The group’s cooperation with its foreign partners has been increasingly deepened toward effectiveness. The diplomat attributed such results to unceasing efforts made by ASEAN people. Vietnamese Ambassador Vu … [Read more...] about Vietnam chairs ceremony marking ASEAN’s 55th founding anniversary in Japan
Vietnam detects fast-spreading BA.2.75 Omicron sub-variant
Vietnam has recorded new Omicron sub-variants including the fast-spreading BA.2.75, which explains the recent resurgence of COVID-19 cases in the country, according to the Ministry of Health. The General Department of Preventive Medicine under the Ministry of Health has sent an urgent document to health departments in provinces and cities regarding the enhancement of COVID-19 prevention and control efforts. The number of cases has been rebounding in Vietnam and across the world, the department stated. An average daily count of 2,000 new cases have been logged in the Southeast Asian country over the past weeks. Vietnam has documented the appearance of the new Omicron sub-variants with the ability to spread rapidly. Aside from the BA.4, BA.5, and BA.2.12.1 sub-variants that were previously detected, the country recently recorded the BA.2.75 sub-lineage, which is considered to be more transmissible than the others. In early July, many countries around the world reported the … [Read more...] about Vietnam detects fast-spreading BA.2.75 Omicron sub-variant
Vietnam fisheries watchdog orders inquiry into video of giant arapaima release
The Vietnamese Directorate of Fisheries required its subordinates in Ho Chi Minh City to verify whether a recently-circulated video capturing the release of an arapaima gigas that allegedly took place at a wharf in the city is true or not. Captioned 'Releasing 90-kilogram (198 pounds) arapaima gigas,' the 30-second video showed about 10 people on a boat returning a large arapaima back to the water. The location of the boat was believed to be at a wharf in District 8, Ho Chi Minh City. Arapaima gigas, also known as pirarucu, is an air-breathing fish that is native to the rainforest rivers of South America’s Amazon Basin and nearby lakes and swamps, according to National Geographic . Among the largest freshwater fish species, it can grow up to 15 feet long and weigh up to 440 pounds, though fish that big have not been reported for many years. It preys mainly on smaller fish, but can eat many other creatures given its size. The species has been introduced to parts of East … [Read more...] about Vietnam fisheries watchdog orders inquiry into video of giant arapaima release
Rains to continue lashing southern Vietnam as monsoon strengthens
Rain is expected to continue lashing southern Vietnam in the coming days as the southwest monsoon becomes stronger due to the influence of a low-pressure area. It is expected to keep raining in Ho Chi Minh City and other southern localities on Tuesday and for the rest of the week, the southern hydro-meteorological station stated, citing the southwest monsoon strengthening due to the effect of a low-pressure area in the East Vietnam Sea. The sky will remain sunny in the morning, but rains and thunderstorms are likely to occur in the afternoon and evening. The average temperature in the region will range from 24 to 34 degrees Celsius. From August 19 to 21, downpours are forecast to increase in intensity and will be accompanied by strong gusts and lightning. As of Tuesday morning, the low-pressure area was active in the northeastern part of Vietnam's Hoang Sa (Paracel) archipelago. Due to the combined effect of the low-pressure area and southwest monsoon, showers and strong … [Read more...] about Rains to continue lashing southern Vietnam as monsoon strengthens
Japfa Vietnam operates modern, green feed factories chain
Japfa Comfeed Vietnam Ltd., (Japfa Vietnam), a leading animal feed producer in the market, is running a system of six modern plants across the country. All the large-scale facilities, with lots of clean and green scenery, use state-of-the-art technology and automated production lines. The Japfa factory in Hoa Binh province, covering 56,000 square meters, has an annual capacity of 420,000 tonnes. With more than 25 years of operating in Vietnam, Japfa has established its footprint as a leading animal feed manufacturer in the market. The company’s six plants in the provinces of Vinh Phuc, Hoa Binh, Thai Binh, Binh Dinh, Binh Thuan, and Long An supply almost 1.5 million tons of products annually. As Vietnam is one of Japfa’s three key Asian markets, the major firm has made significant investments in the six Vietnamese production facilities, equipping them with world-class technology and automated production lines to maximise productivity and cost-effectiveness. According to … [Read more...] about Japfa Vietnam operates modern, green feed factories chain
Vietnam’s first refinery calls for upgrade incentives
The plant’s expansion was approved in December 2014 but was delayed by issues in the design, appraisal and approval process, and capital mobilization. Therefore, Petrovietnam and Binh Son Refining and Petrochemical (BSR), its operator, have sought official permission to adjust the scale, required technology and progress of the upgrade. Capacity was adjusted down to 171,000 barrels a day from 192,000, and investment was down by $0.54 million to $1.26 million. The BSR, expansion investor, called for incentives including the ability to negotiate and extend contracts with technology providers and to fast-track some processes. It also asked for a preferential corporate income tax rate of 10% in 30 years upon completion; a four-year tax exemption since making profits; a 50% tax cut in the next nine years; and an extension on the exemption of petroleum import tax to 2028. This would help Dung Quat operate more equally with Nghi Son Refinery, Vietnam’s latest and biggest refinery, it … [Read more...] about Vietnam’s first refinery calls for upgrade incentives
Japfa Vietnam pioneers modern, green feed factories chain
Japfa Comfeed Vietnam Ltd., a leading animal feed producer in the market, is running a system of six modern plants across the country. The Japfa factory in Hoa Binh province, covering 56,000 square metres, has an annual capacity of 420,000 tonnes Automated production lines with advanced technology With more than 25 years of operating in Vietnam, Japfa has established its footprint as a leading animal feed manufacturer in the market. The company’s six plants in the provinces of Vinh Phuc, Hoa Binh, Thai Binh, Binh Dinh, Binh Thuan, and Long An supply almost 1.5 million tonnes of products per year. As Vietnam is one of Japfa’s three key Asian markets, the major firm has made large investments into the six Vietnamese production facilities, equipping them with world-class technology and automated production lines to maximise productivity and cost-effectiveness. According to the company, all production lines and technology used at the factories are European imports. … [Read more...] about Japfa Vietnam pioneers modern, green feed factories chain
Miss Vietnam 2022 beauty pageant launched
The biennial national beauty contest Miss Vietnam 2022 has now opened for Vietnamese young women aged between 18 and 27. Miss Vietnam 2020 Do Thi Ha (C) and two runners-up Phuong Anh (L), Ngoc Thao (R) Women who have graduated from high school and are at least 1.63 metres tall and have had no cosmetic surgery are eligible to enter the contest. Participation is to be limited to unmarried women who have never given birth or parented a child. Entrants who have previously won first, second, or third prizes at local beauty contestants nationwide will progress through to the final round of the Miss Vietnam 2022 pageant. Moving forward, contestants will compete in parts such as the swimsuit, evening gown, and talent segments, as well as taking part in charity projects for the community and a Q&A. Along with the ultimate winner of the pageant, there will also be prizes for first runner-up and second runner-up, with the organisation board presenting sub-titles, … [Read more...] about Miss Vietnam 2022 beauty pageant launched