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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

The move aims to facilitate Vietnamese citizens in Germany to obtain residence permits and conduct other administrative procedures. Germany has recognized the validity of the newly introduced Vietnamese passport after the Vietnamese authorities agreed to add information about the holder's place of birth, according to the German Embassy in Hanoi. Accordingly, Germany will begin issuing visas for Vietnamese holders of the new passport as long as it is added information about the place of birth on the observations page. In its announcement, the German Federal Foreign Office said it appreciated Vietnam's timely solution to this issue. The embassy said the move would facilitate Vietnamese citizens in Germany in processing residence permit applications and conducting other administrative formalities. The newly introduced passport of Vietnam. Photo: Xuan Ha Earlier, the German Embassy in Vietnam on July 27 informed that Vietnam’s new passports, whose issuance … [Read more...] about Germany accepts Vietnamese redesigned passport

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

A trip to Ho Chi Minh Mausoleum can be an extraordinary experience for any visitor. The Mausoleum of late President Ho Chi Minh in Hanoi reopened to the public today [August 16] after regular maintenance since June 13, according to the mausoleum’s Management Board. The activities honoring the late President and the heroic martyrs will also resume today. Visitors queue to enter the mausoleum in Hanoi’s Ba Dinh District to pay tribute to late President Ho Chi Minh. Photo: Minh An/ The Hanoi Times Earlier, the mausoleum and the nearby martyr monument were closed from June 13 to August 15 for annual maintenance. President Ho Chi Minh passed away on September 2, 1969. The remains of President Ho Chi Minh rest in the central hall of the mausoleum where thousands of citizens and foreign guests visit every day. The granite mausoleum, which was built in two years, from 1973 to 1975, has become an important landmark of the capital city. A trip to Ho Chi … [Read more...] about President Ho Chi Minh Mausoleum reopens

It's unknown when the service will be resumed. The Management Board of President Ho Chi Minh Mausoleum has announced the temporary suspension of guest service from March 23 to prevent the spread of the Covid-19 pandemic. Ho Chi Minh's House The Monument to the Fallen Combatants and the Ba Dinh square are also closed. The reopening time has not been announced. Attractions in the relics such as Ho Chi Minh’s stilt house, fish pond, or Ho Chi Minh Museum are shut. Visitors at Ho Chi Minh Museum Normally, President Ho Chi Minh Mausoleum welcomes visitors every day in the morning, except Monday and Friday. Each year, the Mausoleum is closed for a few months for maintenance work. … [Read more...] about Ho Chi Minh Mausoleum ceases guest service from March 23 on Covid

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

The denial is in line with regulations on prevention of Covid-19 which has caused 15 infections in the country. Vietnamese authorities have denied the entry of nearly 300 passengers whose time window between leaving China and entering Vietnam has been less than 14 days (the incubation period of the virus). Vietnam denies entry of passengers in some cases. Photo: Zing So far, Tan Son Nhat International Airport in Ho Chi Minh City and Noi Bai International Airport in Hanoi have refused to allow 289 passengers to enter the country following regulations on preventing Covid-19, the new name of the latest strain of coronavirus. Tan Son Nhat airport denied 286 passengers while Noi Bai refused three. Of the passengers, 218 came from Hong Kong on a flight by Cathay Pacific, the flag carrier of Hong Kong, 44 from Malaysia, 10 from Thailand, and four from Singapore. Under international law, the passengers were sent back to the departing locations on the same day. … [Read more...] about Vietnam denies entry of nearly 300 passengers on concern over Covid-19

The Ho Chi Minh Museum is home to 170,000 documents, objects, and films about President Ho Chi Minh’s life and his revolutionary cause. Several exclusive and special gifts are on sale for the first time on the occasion of the launching of a souvenir shop in the Ho Chi Minh Museum ealier this week, Van Hoa (Culture) newspaper reported. Real experience in making rubber sandals. As of January 9, souvenirs telling remarkable stories on the life of the late President Ho Chi Minh were on sale including the replicas of pure gold coins worth VND20 (1948) presented by the President to Governmental ministers, the miniatures of Uncle Ho’s rubber sandals, the 3D model of late President Ho Chi Minh at the Ceremonial Chamber, the museum's brand identity painted on fresh lotus leaf, among others. Rubber sandals with the design of those worn by Uncle Ho are for sale. Visitors buy souvenirs at the shop. … [Read more...] about Exclusive souvenirs on sale at Ho Chi Minh Museum in Hanoi

Mayor of Hanoi Tran Sy Thanh has called for Singapore to further support the capital city in drafting urban planning for the next decade. Hanoi is seeking experience from Singapore in urban governance, and smart cities, and welcomes the participation of Singaporean companies in urban development projects. Hanoi's mayor Tran Sy Thanh (r) and Singapore Ambassador to Vietnam Jaya Ratnam. Photo: The Hanoi Times Chairman of the Hanoi People’s Committee Tran Sy Thanh expressed his view during a meeting with Singapore’s Ambassador to Vietnam Jaya Ratnam on August 16. According to Thanh, Vietnam-Singapore relations in general, and Singapore-Hanoi relations in particular, have made strong progress over the years, but there is still huge untapped potential. Thanh pointed out Singapore continues to be one of the most active partners in assisting Vietnam in global integration. “To date, both sides have formed a comprehensive partnership in terms of investment, … [Read more...] about Hanoi bolsters cooperation with Singapore in urban development

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