However, there are no statistics to show how much the game issuer has to pay to foreign partners. Today, in addition to royalty fees, mobile games released on online stores such as Play Store or App Store also bear an exorbitant 30% fee. That is why Vietnamese publishers have to find a way to 'circumvent the law' to popularize the form of loading on the website, through domestic payment intermediaries. … [Read more...] about Online game industry: VN still imports games after more than 15 years
Pay pa state taxes online
In response to suggestions to extend the effective date of the resolution to 2021, the committee projected a bright outlook for the economy since the COVID-19 outbreak has been fundamentally put under control in Vietnam while the worldwide pandemic situation is also abating. … [Read more...] about Vietnamese legislature ratifies 30% corporate income tax cut in 2020 for SMEs
Also in this period, the state divested VND25.17 trillion (nearly $1.1 billion) and collected VND171.84 trillion ($7.47 billion), which was 6.8 times higher than the book value. Total money collected from equitisation and divestment since 2016 reached more than 218 trillion ($9.47 billion), which is 2.79 times higher than the total revenue from equitisation and divestment in the 2011-2015 period (about VND78 trillion or $3.4 billion). The money transferred to the state budget under the National Assembly resolution hit VND211.5 trillion ($9.2 billion) out of VND250 trillion ($10.87 billion), tantamount to 85 per cent of the plan for the 2016-2020 period. … [Read more...] about How to drive the economy by reforming state-owned debt
In Thursday’s press release, the U.S. State Department affirms that the country stands shoulder-to-shoulder with its ASEAN partners to mitigate the current pandemic, and also to strengthen ASEAN’s ability to prevent, detect, and respond to future zoonotic and other infectious disease outbreaks. … [Read more...] about US CDC to open Southeast Asian office in Hanoi: State Dept.
Meanwhile, C.K. Tong, CEO of BW Industrial Development JSC said that there are many promising areas for investment in Vietnam. "I believe that Vietnam could utilise its resources to develop well and mobilise more capital flows. Vietnam could be the most advanced economy in the region, even surpassing Thailand and Singapore," he said. … [Read more...] about Standard Chartered online forum highlights Vietnam as rising star in FDI