Negotiations news business

HCM City (VNA) – Several flower festivals and markets opened across Ho Chi Minh City on January 17, adding to the festive air in the city as the traditional New Year (Tet) festival is nearing.  A special market named “Green Tet - Vietnamese gifts” is running through January 22 at Phung Khac Khoan street in Da Kao ward, District 1, offering thousands of kinds of farm produce and traditional dishes. Visitors can not only shop for Tet but also relax with entertaining activities such as demonstrations of calligraphy, fruit carving, and making of traditional cakes.  The Binh Dien flower festival, to last until January 24, gathers a great diversity of flowers and ornamental plants. Music shows will be held every night for visitors. Another flower festival in Phu My Hung urban area will run until January 23, with some of its attractions such as the Spring Road, Spring Wharf and Spring Garden to remain open until January 29 (the fifth day of the Lunar New … [Read more...] about HCM City gets busy with flower festivals, markets ahead of Tet

Economists, applauding the decision to impose fines and force Coca Cola to pay tax arrears, totaling VND821 billion, said it is necessary to deal with foreign invested enterprises that evade tax and conduct transfer pricing. Le Dang Doanh, a respected economist, also said that evading tax and conducting transfer pricing is one of the tricks commonly played by big FIEs, but it is difficult to find evidence to accuse them. … [Read more...] about Coca Cola forced to pay tax arrears, taxation agencies urged to find more violators

Berlin (VNA) – Foreign investors, especially those from the European Union (EU) would find it more appealing to land investment in Vietnam when the EU- Vietnam Free Trade Agreement (EVFTA) takes effect, according to German broadcaster Deutsche Welle (DW). In a story posted on its website, DW said the trade agreement would be the most ambitious the EU has ever negotiated with a developing country, which abolishes 99 percent of customs duties, eliminates bureaucratic hurdles by aligning standards for goods like cars and medicine, and ensures easier market access for both European and Vietnamese companies. On January 21, the EU Parliament’s International Trade Committee (INTA) will present a draft resolution of the EVFTA. If the European Parliament accepts the resolution during its plenary session in February, the EVFTA will come into force one month later. The trade deal is a positive step for the economies of both Vietnam and the EU, DW quoted Vietnamese Ambassador to … [Read more...] about EVFTA makes Vietnam more attractive to EU investors: German media

Trần Thị Phương Lan, the department’s deputy director, said Hanoians’ demand for pork will be met because suppliers from neighbouring provinces and cities have committed to providing the city with an estimated volume of 43,000 tonnes of pork during the holiday. … [Read more...] about Hà Nội to have enough pork during Tết: officials

Tran Thi Phuong Lan, the department’s deputy director, said Hanoians’ demand for pork will be met because suppliers from neighbouring provinces and cities have committed to providing the city with an estimated volume of 43,000 tonnes of pork during the holiday. … [Read more...] about Hanoi to have enough pork during Tet: officials