Multinational transfer pricing

Hang Ma Street is a popular place for people to buy decorations for Tet. These days, it is easy to see a range of decorations such as lanterns, parallel sentences and fake flowers. … [Read more...] about Hanoi street full of Tet colours

The conditions on foreigners working in Vietnam have been so far imposed in order to compel foreigners to work in positions that are assumed by executives, specialists and technicians who cannot be currently replaced by Vietnamese. The ultimate goal of these conditions is to restrict the number of foreigners working in Vietnam to give more job opportunities to Vietnamese. However, the Labor Code allows an employee to sign many labor contracts with different employers regardless of whether he or she is a foreigner or not. Therefore, if a foreigner meets all the conditions required of him to work here may sign many labor contracts in Vietnam. … [Read more...] about New rules on working foreigner management

At around 9:30 pm on Thursday, officers under the Ministry of Public Security, in coordination with the Hanoi police department, caught red-handed two sex workers and their clients at an apartment in Ba Dinh District. … [Read more...] about Vietnam police bust prostitution ring that charged $7,000 for sex tour

In the third quarter, MBB reported an increase of 6.1 per cent year-on-year to more than VND6,735 trillion in revenue. The bank’s profit after tax rose 8.3 per cent to VND2.357 trillion. In the first nine months of last year, the profit after tax climbed 6.4 per cent year-on-year to nearly VND6.332 trillion. … [Read more...] about Bao Minh Insurance plans to divest from MBB

Under Vietnam's Penal Code, sex workers are given a warning and fined VND100,000-300,000 ($4.26-12.78), while pimps and sex ring organizers can get between six months and five years in jail. … [Read more...] about Trans woman running $7,000 sex tours arrested in Hanoi