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BUSINESS NEWS 28/5

Minors over 14 no longer eligible for green cards through parents’ investments

Audit and tax risks in 4.0 era

As Vietnam prepares to introduce the amended Law on Tax Administration in 2019, Lam Le, partner for tax and consulting services at RSM Vietnam, shared with VIR some important points for foreign businesses and investors.

 

Vietnam’s electricity sector projected to be bigger than Britain’s by mid-2020s

With a population nudging 100 million and annual GDP growth around 7%, Vietnam has forecast power generation will need to rise from about 47,000 MW currently to 60,000 MW by 2020 and 129,500 MW by 2030.

PM Nguyen Xuan Phuc meets with Swedish King

Prime Minister Nguyen Xuan Phuc had a meeting with the King of Sweden Carl XVI Gustaf on May 27 as part of the activities in his ongoing official visit to Sweden.

 

Vietnamese, Swedish PMs hold talks

Vietnam always treasures its traditional friendship with Sweden and wants to further strengthen bilateral ties in diverse areas, Prime Minister Nguyen Xuan Phuc told his Swedish counterpart Stefan Loefven on May 27.

 

Philippine rice tariffication law to benefits Vietnam’s exporters

In the first four months this year, the Philippines has leapfrogged China to become Vietnam’s largest rice importer.

Fierce race in Vietnam’s food delivery market: The game really ends?

Newcomers have shaken up Vietnam’s food delivery sector with intensified competition in which only strong contenders can withstand the challenges.

 

People in places

Better cooperation is needed between local tourism companies and training institutions to improve human resources in the tourism sector.

Foreign investors race for Vietnam’s smart city solutions providers

As Vietnam’s cities and provinces are stepping up plans to realize the smart city dream, foreign tech giants are rushing with new ambitious business plans to seize the opportunities.

Van Long Wetland Nature Reserve

The Van Long Wetland Nature Reserve in the northern province of Ninh Binh has been recognised as Vietnam’s ninth Ramsar site.

 

Heavy rains forecast to hit northern localities

Northern localities are forecast to suffer heavy rains beginning Monday night, with rainfall expected to reach 200mm within a 24-hour period in some provinces, according to the National Hydro-Meteorological Forecast Centre.

Norway firms to pour more money into Vietnam on condition of fair environment

Many Norwegian companies said they are ready to invest in Vietnam as long as the Vietnamese government ensures a fair and equal investment environment.

Binh Duong family found dead

A couple and their daughter in the southern province of Binh Duong have been found dead in their locked rented room.

 

PM meets leaders of Swedish conglomerates

Prime Minister Nguyen Xuan Phuc met the leaders of Swedish conglomerates in Stockholm on May 27 during his official visit to European country.

 

Name of English teachers in schools in HCM City publicized

According to the HCMC Department of Education and Training, 20 foreign language centers to provide English native speaker teachers to schools have to post their names on the Department’s website where parents can follow.

 

State education spending in Mekong Delta lower than country’s

The Ministry of Education and Training and authorities in the Mekong delta admitted that state education spending in the region is much lower than the country’s.

Military Technical Academy team wins digital race

Team MTA–R4F from the Military Technical Academy bested seven teams from other universities, including two from the UK and Russia, to win the Digital Race 2018-2019.

 

HCMC students relish learning English through dramas

American Literature students of HCMC Open University staged the drama “The Patchwork Quilt” by Rachel Field last Friday, through which they could gain a deeper understanding of American literature and improve their English skills.

 

Quyet Chien remains third in billiards world rankings

Vietnamese player Tran Quyet Chien has retained his third position in the billiards world rankings with 312 points, according to the latest UMB rankings.

 

Southern cuisine festival to feature huge array of dishes

Nearly 500 dishes are to be introduced during a southern cuisine festival which will be held in Dam Sen Cultural Park in Ho Chi Minh City between May 30 and June 2.