Industrial revolution timeline

In a group photo: Politburo member and head of the Party Central Committee's Economic Commission Tran Tuan Anh (6th from left) and Graham Stuart, Minister of State (Minister for Europe) at the Foreign, Commonwealth and Development Office (4th from right) and Minister of State in the Cabinet Office Nigel Adams (5th from left). (Photo: VNA) London (VNA) – A Party delegation, headed by Politburo member and head of the Party Central Committee's Economic Commission Tran Tuan Anh, paid a visit to the UK from August 10 – 15, aiming to fortify the countries’ strategic partnership, particularly in economy, trade, and investment. During the trip, the delegation met many UK officials, namely Graham Stuart, Minister of State (Minister for Europe) at the Foreign, Commonwealth and Development Office; Deputy Speaker of the House of Commons Nigel Evans; Minister of State in the Cabinet Office Nigel Adams; Economic Secretary to the Treasury Richard Fuller; and General Secretary of the Communist … [Read more...] about Party officials visit UK for improved strategic partnership

Strategically located on ​​a 4.17ha land plot in Minh Quang Industrial Park, My Hao commune, Hung Yen province , the project is easily accessible to the National Highway No.5A, Haiphong Port, and Noi Bai International Airport, facilitating the import and export of goods. This location is also close to successful industrial parks in Pho Noi and Yen My districts, Hung Yen. Upon completion by the first quarter of 2023, VLI Hung Yen will feature 29,000 square metres of Grade A warehouses with modern standards. At the groundbreaking ceremony, Alex Lin, co-founder of Skymont Capital said, “VLI Hung Yen marks a new milestone for us in the Vietnamese industrial warehouse market, representing our commitment to our investors, partners, customers, and local authorities in developing world-class industrial warehouses in Vietnam.” The future VLI Hung Yen This company has also officially appointed CBRE Vietnam to become the exclusive marketing and leasing consultant … [Read more...] about Vietlog Industrial breaks ground on flagship warehouse in Hung Yen

The city is keen to avoid any Covid-19 impacts that could derail its plan for socio-economic recovery for this year. The Hanoi People's Committee has urged local agencies to remain vigilant against the Covid-19 pandemic and accelerate the disbursement of public funds, seen as a key task for socio-economic recovery for the rest of the year. Electronics production at Rhythm Precision Vietnam, Soc Son District, Hanoi. Photo: Pham Hung Among the key tasks, the city would focus on the Covid-19 vaccine roll-out by providing boosters for eligible people, including the completion of vaccination for children aged 5-12 before September 2022, noted the municipal People’s Committee in a directive. The city’s authorities reiterated public investment is a key task for economic development and considered pubic fund disbursement a key criterion to evaluate the performance of each agency, department, and unit by year-end, especially leaders and senior officials. “Efforts … [Read more...] about Hanoi boosts socio-economic growth, but remains vigilant against Covid-19

The city's authorities will continue focusing on boosting economic recovery while addressing the concerns of the business community. An agreement signing ceremony to support access to concessional loans between the Hanoi Investment Fund for Development, the city's commercial banks and the business community took place at a conference connecting stakeholders in Hanoi on 15 August. An overview of the signing ceremony. Photo: kinhtedothi.vn The municipal Department of Industry and Trade and the Investment Fund for Development also signed an agreement on cooperation and information exchange on the same day to promote the recovery of the city’s businesses in the post-pandemic period. Speaking at the conference, Acting Director of the Hanoi Department of Industry and Trade Tran Thi Phuong Lan said: “The conference is expected to facilitate the connection between local banks and businesses to support those who need  concessional loans.” She called on the … [Read more...] about Hanoi helps businesses get loans

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

The singing festival includes a number of activities, namely art performance contest under the theme “Southeastern region - Solidarity - Development and Integration,” Don Ca Tai Tu (Southern folk music) art contest entitled “Southern folk music Don Ca Tai Tu,” competition on writing new lyrics, modern dance competition, and large panel, photo, document and artifact exhibitions, drawing the participation of artists, artisans, actors, instrumentalists from Southeastern provinces and cities. The festival aims to popularize Tay Ninh province’s land and people to other provinces and cities in the Southeastern region, contributing to boosting regional linkages in tourism and investment promotion, and the exploitation of potentials and advantages of provinces and cities in the Eastern region. It is seen as a significant cultural event in celebration of the 77th anniversary of the August Revolution (August 19, 1945-2022) and the National Day (September 2, 1945-20220). Translated by … [Read more...] about Singing festival to be held in Tay Ninh

The number of students from kindergarten to high school in HCM City will increase by 22,000 in the upcoming 2022-23 academic year, according to the city’s Department of Education and Training. Students at the Tân Sơn Nhì Primary School in HCM City's Tân Phú District. — VNA/VNS Photo Thu Hoài Hồ Tấn Minh, Chief of the Office of the department, said among the additional students, there are 15,282 students in public schools and 6,543 students in non-public schools. The increase is mostly at pre-schools, secondary schools, and high schools in Thủ Đức City and the districts of Bình Tân, Bình Chánh, Hóc Môn and 12 which are in the process of rapid urbanisation and population growth. In the 2021-22 academic year, nearly 344,000 students were not in the city's household registration book. This pressure has caused an increase in the number of students in classes exceeding the standard number of students per classroom. Many primary schools have more than 45 … [Read more...] about HCM City schools face overcrowding in new academic year

Ha Long pilots settlement of administrative procedures at post offices. - Illustrative image (Photo: VNA) Quang Ninh (VNA) – Authorities of Ha Long city of the northern province of Ha Long on August 15 piloted the implementation of administrative procedure at post offices in the locality. Under the pilot project, post offices are to process a number of district-level administrative procedures in Ha Long. The project aims to further improve the quality of service to the people, making it easy for them in carrying out administrative procedures, helping reduce the time for travel and minimise bureaucracy and negativity among officials and civil servants. It is also expected to concretise guidelines and policies of the Party and State in digital transformation, building a digital government, economy and society; and promote the role of the public postal service in applying digitalisation in performing administrative services. In the first phase, the project will focus … [Read more...] about Quang Ninh: Ha Long pilots settlement of administrative procedures at post offices

Lee Jong Hyuck, deputy CEO of Shinhan Bank Vietnam, receives the ‘Best Company to Work for in Asia’ award at a ceremony in HCM City on August 11. — Photo courtesy of the company Shinhan Bank has won the ‘Best Companies to Work for in Asia’ award in Vietnam from HR Asia Magazine for a fourth straight year. The awards were based on an employee satisfaction survey, an in-depth assessments with executives of companies to better understand HR policies, recruitment, employment information and strategic points to build a good workplace, and independent information acquired in the media and interviews with industry experts. The judges praised the bank for its efforts to create an ideal working environment and its capacity to adapt to the problems brought by the COVID-19 outbreak, particularly during the peak period in 2021. The bank rapidly developed a business continuity plan led by senior personnel, utilising digital transformation technology to ensure business and operational … [Read more...] about Shinhan Bank wins ‘Best companies to Work for in Asia’ award for 4th time

An overview of the conference. — VNA/VNS Photo More than 100 businesses and 43 investors of industrial clusters and nearly 20 commercial banks participated in a conference to connect local firms in Ha Noi with commercial banks and the Ha Noi Development Investment Fund (HANIF). The event, launched on August 15, was jointly held by the city's Department of Industry and Trade, the Ha Noi Branch of the State Bank of Vietnam, and the Ha Noi Association of Main Industrial Products (HAMI). Addressing the event, Tran Thi Lan Phuong, Acting Director of the Ha Noi Department of Industry and Trade, said that the conference aimed to provide a chance for banks and investment funds to introduce soft loans and support programmes to businesses, helping them overcome difficulties and develop. In order to launch infrastructure projects in industrial parks and clusters in the city, the Ha Noi Department of Industry and Trade suggested that businesses should coordinate closely with credit … [Read more...] about Ha Noi connects commercial banks with local businesses