Sci tech

However, even when Steam fully fulfills its tax obligations in Vietnam, it is important to distinguish games as a conditional business line in Vietnam. Therefore, Steam still needs to comply with the provisions of Decree No. 72/2013/ND-CP (in effect) in the spirit of the draft Decree amending and supplementing a number of issues of Decree No. 72/2013/ND-CP. … [Read more...] about Steam, Netflix do business in Vietnam without paying taxes

If you have ever been interested in or have read the agreements set out by social media platforms such as Facebook and Twitter to which you had to agree in order to use their services, you may have noticed a big problem – the rules are not based on, or bound by, the laws of any particular country. Any agreement, especially those that may have legal status such as here, needs to be assessed within the specific framework of the legal system governing those agreements. In the case of these terms of services made by social media networks, there is no such system. No such provisions are offered to the users. This means that all behavior, rights and obligations of users on social media will be reviewed and adjudicated by those who run these platforms. It is difficult to imagine the existence of such a social contract, but they exist for every one of the billions of people who use these platforms. Civil society is similar in a civilized society, where one party is both a signatory and a … [Read more...] about Social media – a revolution to be feared

HCM City (VNA) - The Ho Chi Minh City Communist Youth Union will present more than 2,000 gifts worth over 500 million VND (21,600 USD) to disadvantaged local children on the occasion of the Mid-Autumn Festival. It’s one of various activities to be rolled out by the city’s youth union in support of underprivileged children, especially children of local workers, until October 4.  In cooperation with Vietnam Fatherland Front committees in districts, the youth union has also organised art programmes, folk games, and film screenings, and presented scholarships to children with outstanding academic results. Targeted children include those with disabilities and the thousands of children of workers at processing, industrial, and high-tech parks in the city./. … [Read more...] about Host of activities for disadvantaged kids in HCM City during Mid-Autumn Festival

Nguyen Trong Hieu, deputy head of the Institute of Business Studies and Development, said though the fund could not lend to more than 5 percent of the total number of SMEs in the country, it is still a major step in supporting startups, which are struggling to access bank credit. … [Read more...] about Banks out of loop, government fund to lend directly to startups

Local trade-service production expanded by an average of over 19 percent each year during the last five years, doubling the rate in its home province of Kien Giang in the Mekong Delta. State budget collections rose an average of 19 percent annually and accounted for more than 40 percent of the province’s total collections. … [Read more...] about Phu Quoc island city draws $16.5 billion in investment