How to report income tax evasion

The Renewable Energy in Sustainable Industrial Parks conference was organised by the Haiphong Economic Zone Management Board in collaboration with the Embassy of the UK, the nation's Chamber of Commerce and Industry, and Star Do Group. Head of the Haiphong Economic Zone Management Board Le Trung Kien asserted the green development demand of Haiphong city and its industrial parks and economic zones. Photo: Thanh Son Attendees at the conference were Harry Rawicz-Szczerbo, head of the Trade and Investment Department at the UK Embassy; Le Trung Kien, member of the city Party Committee's Standing Board and head of the Haiphong Economic Zone Authority; Mark Shorrock, chairman of Shire Oak International; Nguyen Thanh Phuong, CEO of Sao Do Group; and representatives of Haiphong's departments and agencies, investors, and businesses. Mark Shorrock, chairman of Shire Oak International, talked about the renewable energy demand of businesses in the RE100 group. Photo: Thu … [Read more...] about Haiphong promotes renewable energy investment in industrial parks

The report aligns with the United Nations 17 Sustainable Development Goals and covers all company’s markets “This sustainability report marks an important milestone in our journey as a responsible, inclusive business, that has ESG principles firmly embedded in its values and DNA,” said Jean-Pascal Duvieusart, CEO at Home Credit Group. “I would like to thank all our employees, who continue to demonstrate creativity, passion, and dedication in everything they do. They are living proof that when ESG is consciously embedded in our culture and mindsets, real change happens,” Duvieusart said. Jiri Smejc, CEO of PPF Group and chairman of the board of Home Credit Group said, “Fairness to customers, employees, and communities has always been part of our DNA. It is who we are. ESG principles now give us a tool to show our responsible business practices in a formal, comprehensive way. And I am proud that we can already count a number of milestones on our ESG journey.” Digital … [Read more...] about Home Credit publishes its 2021 Sustainability Report

COVID-19 vaccination (Photo: VNA) Hanoi (VNA) - There were an additional 637 new COVID-19 infections recorded across Vietnam on June 27 with no deaths. The new figure brought the total number of cases in the country to 10,744,085. All of the new transmissions were domestic. The capital city of Hanoi again topped the country with 188 new cases. It was followed by northern Hai Phong and central Da Nang cities, which reported 64 and 62 infections, respectively. A further 6,653 patients were given the all-clear, taking the total number of recoveries to 9,656,467. More than 229.8 million shots of COVID-19 vaccines have been administered across the country to date./. VNA … [Read more...] about Vietnam reports 637 new COVID-19 cases on June 27

The national conference in Hanoi on June 30 (Photo: VNA) Hanoi (VNA) – The Politburo held a national conference in Hanoi on June 30 to review the fight against corruption and negative phenomena during 2012 - 2022 and identify orientations for the work in the time ahead. The hybrid event saw the presence of Party General Secretary Nguyen Phu Trong, head of the Central Steering Committee for Corruption and Negative Phenomena Prevention and Control; President Nguyen Xuan Phuc; Prime Minister Pham Minh Chinh; along with key officials of central agencies and the 63 localities. At its fifth session in May 2012, the 11th-tenure Party Central Committee decided to establish the National Steering Committee for Corruption Prevention and Control under the Politburo which is chaired by the Party General Secretary so as to ensure comprehensive leadership over the corruption combat nationwide. On September 16, 2021, the Politburo issued Regulation No. 32-QD/TW that expands the … [Read more...] about National conference reviews 10-year corruption fight

UK trade minister Anne-Marie Trevelyan said the country wants to be a part of Vietnam’s development story in the 21st century, and fostering bilateral trade relations is among its priorities. Vietnam and the UK should set a trade turnover target of over US$10 billion by 2023, which would be a meaningful step to mark the 50 th anniversary of Vietnam-UK diplomatic relations next year. Chairman of the National Assembly Vuong Dinh Hue (mid) at the forum. Source: VNA Deputy Prime Minister Le Van Thanh gave the remarks at the Vietnam-UK High-level Forum on Economy and Trade held on June 29. The event is one of the highlights of a visit to the UK by the high-ranking delegation from the National Assembly of Vietnam led by Chairman Vuong Dinh Hue from June 28-30. According to Thanh, the Vietnam-UK strategic partnership has progressed strongly over the years and contributed to socio-economic development in each country. Thanh expected the partnership would … [Read more...] about Vietnam-UK target US$10-billion trade turnover by 2023

Ilustrative image. (Photo: VNA) Accordingly, a new decree, coded 38/2022/ND-CP, on raising the regional minimum wage for laborers will come into effect on July 1. The 6 percent increase is equivalent to a rise of VND260,000 (US$11.20) in Region 1, and VND240,000, VND210,000, and VND180,000 in Regions 2, 3, and 4, respectively. The document to this effect also specifies that the minimum hourly wage will range from VND15,600 to VND22,500, which also depends on the region. The geographical classification is determined based on the employer’s place of operation. Region 1 covers Hanoi and Ho Chi Minh City's urban areas; Region 2 encompasses Hanoi and HCMC's rural areas, along with major urban areas in the country like Can Tho, Da Nang and Hai Phong; Region 3 covers provincial cities and the districts of Bac Ninh, Bac Giang and Hai Duong provinces; and Region 4 comprises the rest of the country. Meanwhile, per the Minister of Finance’s Circular 78/2021/TT-BTC, dated September 17, … [Read more...] about Policies to take effect in July

Aiming to seek stronger economic, trade and investment partnership between the two countries, the event drew Vietnamese Deputy Prime Minister Le Van Thanh, Britain Secretary of State for International Trade Anne Marie Trevelyan, and MP Graham Stuart, U.K. Prime Minister's Trade Envoy to Vietnam, and a large number of Vietnamese and Britain businesses. Addressing the event, Deputy PM Thanh highlighted important progress in the Vietnam-U.K. Strategic Partnership, as well as great chances for both sides to bolster their ties from the U.K.-Vietnam Free Trade Agreement (UKVFTA). He underlined that both sides should optimize advantages from the deal by encouraging the promotion of the two-way trade and investment, and creating favorable conditions for enterprises of both sides to explore each other’s market and foster connection, thus striving for a trade value of over USD 10 billion by 2023. Thanh affirmed Vietnam's high political determination in realizing commitments made at the … [Read more...] about N.A. Chairman attends Vietnam-U.K. high-level forum on economy, trade

At a conference reviewing 10 years of the anti-corruption campaign, Trong said fighting corruption has become a trend that cannot be reversed, and the movement is supported by the people, authorities and acknowledged by the international community. The fight against corruption has helped socio-economic development, maintained political stability and strengthened national defense, he asserted. Trong also said the results of the anti-corruption fight have refuted claims that the fight is an "internal conflict." "There has never been a time when anti-corruption efforts have been so strong, coordinated, relentless, proper and effective," he said. However, there are still certain challenges in detecting corruption and resolving its consequences, for example recovering assets. The fact that corruption often occurs among those with the power and position to do so means "all powers need to be tightly controlled through mechanisms. "The more power one has, the more responsibility one … [Read more...] about Anti-corruption fight an irreversible trend: Party chief

After five years, Beyond has 33 full-time employees and more than 3,000 part-time employees working in different cities across the country in various marketing fields such as brand communication, commerce, and offline and online marketing. Besides this, the company also produces and organises large and small events for domestic and international customers and partners. Beyond Communication’s representatives at the SME100 Awards 2021 ceremony Instead of separating offline and online marketing activities, Beyond has combined them into a unified whole, creating campaigns into valuable and effective 360-degree marketing circles that offer actual and distinct value for each customer. Despite starting as a startup, Beyond has continuously strived to achieve a growth rate of 20-30 per cent per year for the past five years, both in terms of company capacity and total revenue from the projects. All are reflected transparently through the results of financial and business … [Read more...] about Beyond Communication to win the SME100 Awards 2021

It would cost about VND 1.20 trillion (USD 52.18 million) to fill the Nui Beo open-cast coal mine pit in Ha Long City after closure. Nui Beo used to be the biggest open cast coal source in Ha Long City with an average annual output of five million tonnes. Ngo The Phiet, director of Nui Beo Coal Joint Stock Company under the Vietnam National Coal and Mineral Industries Group said that they are planning to fill the mined area. "The two pits are some 125 metres deep in Ha Tu Ward, Ha Long City," he said. "We may need some 30 million cubic metres of soil to fill these two pits." The official estimated that the work would cost VND 1.20 trillion (USD 52.18 million) and last until 2030. "With the current fuel price hike, the cost may rise to between VND 1.50-1.60 trillion," he said. "Meanwhile, our annual profits now stand at only between VND40-50 billion". Nui Beo, the largest open-cast coal mine in the northern province of Quang Ninh was closed in … [Read more...] about Huge costs for filling Ha Long largest open-cast coal mine