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E-commerce tax management: 100% must implement e-tax declaration and e-payment

ecommerceAs the digital economy develops rapidly, e-commerce tax management has faced many problems, requiring Vietnam’s tax agencies to adapt to prevent state budget revenue losses.

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Vietnam is considered an important production base in the global supply chain

toancauhoaWith many advantages in labor and infrastructure, as well as making good use of trade agreements, Vietnam is considered an important production base in the global supply chain.

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Regional cooperation needed to protect precious marine environment

racbienRegional co-operation will be essential in preserving the marine environment and ensuring sustainable fisheries management and food security in the ASEAN region, speakers said yesterday at an international workshop held in the central province of Khánh Hòa.

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US market no longer comfortable for Vietnamese enterprises

thep28121421PMThe US Government has recently increased import tariffs on goods imported from China which in short term might create certain advantages for exported goods of Vietnam; however, according to many enterprises, in long term, the US market is no longer a potential and comfortable market.

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Key factors set to streamline exports to Thailand

traicaythailandIncreased trade promotions and geographic proximity are among the factors that could help expedite exports to Thailand.

There remains considerable room for Vietnamese exports to Thailand, regardless of fierce competition from similar products in the Thai market.

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Apply IFRS to achieve transparency

IFRSUp to now, 131 of 143 surveyed countries and territories have claimed to allow the application of National Accounting Standards or International Financial Reporting Standards (IFRS) in different forms. Vietnam is one of the few countries that has not yet applied IFRS for the preparation and presentation of financial statements. In response to the requirement of national governance reform, management innovation for the national financial sector as well as public finance, the application of IFRS is becoming an urgent issue.

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Vietnam keen to boost comprehensive relations with Bhutan: PM

VietNamBhutanVietnam wants to promote comprehensive relations with Bhutan, Prime Minister Nguyen Xuan Phuc said at a reception for visiting Chairman of the National Council (Upper House) of Bhutan Tashi Dorji in Hanoi on May 13.

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Vietnam’s Free Trade Agreements – Opportunities for Your Business

FTA0205Free trade agreements (FTAs) are when two or more countries agree on the terms of trade between them. They determine the value of tariffs and duties that countries impose on imports and exports. In 2007, with Vietnam’s ascension into the World Trade Organization (WTO) – it took a significant step integrating with world trade and subsequently entering into several free trade agreements.

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Vietnam: From fire zones to free zones

congnhanvietnamBiên Hòa, 25km from Ho Chi Minh City in Dong Nai province, is one of the key industrial centres of Vietnam, a multitude of industrial development zones, factories and warehouses dominating the local economy. Yet the nearby province of Bình Duong has become the epicentre of investment in the country, attracting 3,444 new foreign businesses from 64 nations, with a registered capital of $331bn

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Việt Nam, China have room to grow trade ties: experts

cangquocte0104Việt Nam values and gives priority to strengthening economic and trade co-operation with China, and hopes to receive greater investment from China and the overseas Chinese community, said Nguyễn Nội, deputy director of the Foreign Investment Agency under the Ministry of Planning and Investment.

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