In fact, Vietnam is among the most developed snack markets in the ASEAN, joining Thailand, Indonesia, and Malaysia in the $3.5-billion club, according to a recent report from Japanese consultant Corporate Directions. This has attracted many foreign brands to capitalise on the market growth. Among them, snacking heavyweight Mondelez Kinh Do is taking the lead in the market. Other foreign snack brands such as Oishi (Liwayway), Poca (PepsiCo), and Choco Pies (Orion) have also stepped up their game to tap into Vietnam’s snack boom. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JULY 7
Vietnam education reform
Minister of Industry and Trade Trần Tuấn Anh said the EVFTA has a very high level of commitment in comparison to other trade deals that Việt Nam has signed, with over 99 per cent of import tariffs set to be removed by the two sides within the next 10 years. … [Read more...] about Production reform, awareness of EU regulation needed among agriculture businesses for EVFTA: experts
Other experts said there should be severe sanctions for transfer pricing in Viet Nam, taking examples from other countries such as Australia where the fine for the transfer pricing was 50 per cent of the avoided tax amount or in India where the local tax authorities may impose penalties of up to 300 per cent of the difference in the tax wrongly calculated by the companies. … [Read more...] about Guiding decrees needed to fight with transfer pricing in Vietnam
The head of the left-wing Dominica Liberation Movement Alliance’s foreign department affirmed that the collective power in terms of humans and organisation together with the socio-political vision of the CPV and the Vietnamese Government, as well as scientific, medical and technical preparations have enabled Vietnam to control the impacts of the epidemic. … [Read more...] about Latest Coronavirus News in Vietnam & Southeast Asia on April 22
The State spends big money to build and operate schools for the gifted, but many people think it is a waste of resources. In Vinh Phuc province, students at the schools can receive VND2.2 million to buy school supplies and personal belongings and live in dormitories for free. … [Read more...] about How much money will the state pour into schools for the gifted?