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VIETNAM BUSINESS NEWS MAY 19


VIETNAM BUSINESS NEWS MAY 19
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 19/05/2021
  
10:50
GMT+7
Foodstuff prices rise, pose inflation threat
 
     
A supermarket in HCM City. With the costs of materials needed for foodstuffs rising, businesses are finding ways to cut costs so that they can keep prices steady. Photo nhandan.com.vn
 
Prices of foodstuffs have been increasing due to rising costs of raw materials.
Do Van Khuol, supply director of Saigon Food Company, said the cost of both domestically sourced and imported inputs have risen, including those of rice and seafood, whose output has fallen. ....

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Anatomy instructor's lectures are a hit on YouTube


Anatomy instructor s lectures are a hit on YouTube
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 06/04/2021
  
08:47
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Nguyen Duc Nghia, deputy head of Anatomy Division of the Hanoi Medical University, gives anatomy lessons with just a box of colored chalk and no laptop.
Nguyen Duc Nghia gives anatomy lessons
“As my lecturing doesn’t depend on machines or electronic equipment, we aren t much affected if the electricity is cut,” Nghia laughed, when asked about his anatomy lectures with sophisticated drawings.
Nghia said he was pleasantly surprised when hearing that he had become well known to medical students via Facebook and YouTube. ....

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Vietnamese banks concerned as mandate forces withholding of tax money from client accounts


Tuesday, March 09, 2021, 15:54 GMT+7
A delivery worker is seen riding a motorbike on a street in Vietnam. Photo: Quang Dinh / Tuoi Tre
In a bid to collect due tax from foreign service providers, Vietnamese authorities are requiring banks and payment intermediary service companies to withhold and pay tax from the accounts of e-commerce foreign contractors who do not register as a taxpayer in Vietnam, raising concerns over overload and risky transactions at local lenders.
The direction was set forth in a draft circular to guide the implementation of Decree 126, which provides guidance for the application of the Law on Tax Administration. ....

Han I , Republic Of , Ho Chi Minh City , H Chíinh , Quang Dinh Tuoi , Le Hoang Tung , Nguyen Van Duoc , Department Of Taxation , Tax Consulting Co , Legal Advisory Center , Law On Tax Administration , General Department , Tuoi Tre , Vietnamese Facebook , Quang Dinh , Trong Tin Accounting , Tax Consulting , Nguyen Duc Nghia , Business Associations , Luu Duc Huy , Policy Department , Vietnam Life Vietnamese Banks Concerned As Mandate Forces Withholding Of Tax Money From Client Accounts , ஹான் நான் , குடியரசு ஆஃப் , ஹோ சி மிந் நகரம் , குவாங் டின் த்ூஓய் ,