Valve (Steam) has its own tax policy for territories, but without Vietnam. As for tax management and collection of cross-border platforms like Netflix or Steam, some have said that Valve (the owner of Steam) does not do business in Vietnam, so it is not subject to Vietnamese tax. The games item on Steam is software, so the value added tax (VAT) is 0%. … [Read more...] about Steam, Netflix do business in Vietnam without paying taxes
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Pork prices fall as Vietnam increases imports
HCM City (VNS/VNA) - The imported pork and declining meat consumption have pushed pork prices down, helping stabilise the consumer price index. This month pork has been sold at the Hoc Mon wholesale market in Ho Chi Minh City for around 72,000 VND (3.17 USD) per kilogramme, 8,000 VND down from previous months, according to its management. Le Xuan Huy, deputy general director of the CP Livestock Joint Stock Company, said hog prices are down because of increased imports of both frozen pork and live pigs as well as lower demand. According to the Ministry of Agriculture and Rural Development, in the first seven months of this year Vietnam imported more than 93,248 tonnes of pork, mainly from Canada, Germany, Poland, Brazil, the US, Spain, and Russia, 223 percent up from the same period in 2019. The ministry licensed imports of pigs on the hoof from Thailand from mid-June. As of August 36 companies registered to quarantine more than 4.7 million … [Read more...] about Pork prices fall as Vietnam increases imports
US Ambassador makes moon cake to celebrate diplomatic ties with Vietnam
According to Quang, the secret to make a mold is that craftsman must be calm-mind, precise and give his whole mind into the job. Two kinds of wood chosen to make the mold are thi wood and xa cu wood, with moderate firm and flexible structure. Hence, it’s easier to get the cake out of the mold with smooth and complete surface. … [Read more...] about US Ambassador makes moon cake to celebrate diplomatic ties with Vietnam
Indian Government sends aid to flood victims in central Vietnam
Mentioning bilateral ties, the two sides agreed to intensify measures to implement the outcomes of the virtual talks between the two countries’ Prime Ministers on December 21, 2020, and realise the targets and commitments in the Vietnam-India Joint Vision Statement for Peace, Prosperity and People, and the action plan for the implementation of the Vietnam-India comprehensive strategic partnership for 2021-2023./. … [Read more...] about Indian Government sends aid to flood victims in central Vietnam
PM attends ceremony to start construction of $168mn industrial park in northern Vietnam
Machinery is used in a sod-turning ceremony to start the construction of Lien Ha Thai Industrial Park in Thai Binh Province, northern Vietnam, December 13, 2020 Photo: Khanh Linh / Tuoi Tre The industrial park sits on 588.84 hectares and is projected to cost VND3.885 trillion ($168 million) to build. … [Read more...] about PM attends ceremony to start construction of $168mn industrial park in northern Vietnam