The cooperation between India and five Mekong countries Cambodia, Laos, Myanmar, Thailand and Vietnam is aimed to shore up cooperation in the areas of tourism, culture, education, and transport. India has committed to financing the Quick Impact Projects (QIPs) for other Mekong countries namely Cambodia, Laos, Myanmar, Thailand, and Vietnam at the 11th Mekong-Ganga Cooperation (MGC) Foreign Ministers’ Meeting. Mekong-Ganga Cooperation includes six countries. File photo The projects help bring about tangible results that contribute to improving people’s livelihoods across the sub-region, reported at the video conference on July 21 co-chaired by Dr. Subrahmanyam Jaishankar, Minister for External Affairs of India and Prak Sokhonn, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation of Cambodia. Foreign Ministers of the Lower Mekong countries welcomed India’s assistance to the region under the QIPs since its inception in 2015. …
Digital transformation and the future of Vietnamese enterprises
Digital transformation has a failure rate of 70% but without digital transformation, failure is 100%. Performing digital transformation has probably been the most difficult decision for Mr. Nguyen Doan Thang, 77, and CEO of Rang Dong, a large joint stock company. Thang said if Rang Dong maintains the old model, its annual growth rate will be about 5-10% per year. Only with digital transformation can the company obtain a two-digit growth rate. In fact, Rang Dong has recorded a high growth rate thanks to digital transformation, with over 40% in the first quarter of 2021. Overcoming fear Duy Khanh …
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UK chartered accountants institute, finance ministry to improve Vietnam’s accounting standards
The signing ceremony between The Institute of Chartered Accountants in England and Wales and Accounting and Auditing Supervisory Department. — VNS Photo HCM CITY — The Institute of Chartered Accountants in England and Wales has signed a memorandum of understanding with the Ministry of Finance’s Accounting and Auditing Supervisory Department to improve the quality of human resources and accelerate the development of accounting and auditing to facilitate Việt Nam’s international integration. The institute and the ministry’s accounting and auditing supervisory department will work hand in hand. They will consider mapping out a training programme for certification of International financial reporting standards in Việt Nam. They will periodically organise seminars and conferences to exchange accounting and auditing knowledge, carry out research and share experiences, technical resources and the best practices in accounting and auditing . Deputy Minister of Finance Tạ Anh …