Articles worth reading
Image : Why Nikki Haley's outlier status is useful for White House – up to a point

Why Nikki Haley's outlier status is useful for White House – up to a point

person Orange Themes access_time Jun 06,2017

Yahoo News What made the unvarnished criticism noteworthy was that it came not from the nation’s chief diplomat, Secretary of State Rex Tillerson, nor from a State Department statement, but from the US ambassador to the United Nations, Nikki Haley.

Image : 'Band of Brothers' veteran Edward Tipper dies in Colorado

'Band of Brothers' veteran Edward Tipper dies in Colorado

person Orange Themes access_time Feb 12,2017

Yahoo News LAKEWOOD, Colo. (AP) — Edward Tipper, a World War II paratrooper who was portrayed in the HBO series "Band of Brothers," has died. He was 95.

Image : Dear Zindagi movie review: Alia Bhatt, Shah Rukh Khan film is a kitchen sink ...

Dear Zindagi movie review: Alia Bhatt, Shah Rukh Khan film is a kitchen sink ...

person Orange Themes access_time Nov 25,2016

Dear Zindagi movie review: Alia Bhatt, Shah Rukh Khan film is a kitchen sink ... Dear Zindagi movie review: Alia Bhatt, Shah Rukh Khan film is a kitchen sink talkathon. Dear Zindagi movie review: Both Shah Rukh Khan and Alia Bhatt show spark but the

Latest blog articles

Tax burden in Vietnam higher than in ASEAN 4

access_time May 18,2017 chat_bubble_outline 18 views

Tax costs in Vietnam remain higher than in ASEAN 4 (Indonesia, Malaysia, the Philippines, and Thailand), Minister of Planning and Investment Nguyen Chi Dung told the Prime Minister and Businesses Conference on May 17.


Tax burden in Vietnam higher than in ASEAN 4



Assessing the implementation of the government’s Resolution No.35 on enterprise support and development, Minister Dung said that efforts to reform administrative procedures and improve the business investment environment, reduce costs, and encourage startups, are worthy of note.

Such efforts have played an important role in improving Vietnam’s business environment. More than 110,000 new enterprises were established last year, up 16 per cent against 2015 and reaching a record level. 

According to the World Bank (WB), Vietnam rose nine steps last year (from 91 to 82) in its business environment index.

Organizations such as the European Chamber of Commerce in Vietnam (Eurocham), the American Chamber and Commerce in Vietnam (Amcham), and the Japan External Trade Organization (JETRO) all have a positive outlook on Vietnam’s business environment.

However, despite many efforts to improve the business environment, the views of the business community show that there is a gap between policy and enforcement. 

Issues including inconsistency between laws, which lead to implementation bottlenecks, the difficulty in accessing capital and social resources, and the high cost of doing business remain barriers that need to be removed.

Shortcomings include, for example, the cost of transporting a container from Hai Phong to Hanoi being three-times as expensive as those from South Korea or China to Vietnam. 

In addition, the cost of accessing electricity is 49 times higher than in the Philippines and Vietnam’s tax rates are higher than in ASEAN 4 countries, accounting for 39 per cent of profit, or double that in Singapore.

In order to achieve the socioeconomic development goals for 2017 and beyond, according to Minister Dung, the spirit and content of Resolution No.35 need to be thoroughly understood and more strongly implemented.

VN Economic Times

Number of new businesses shoots up in Q1

Nearly 26,500 enterprises were created in the first quarter of this year with a total registered capital of over 270 trillion VND (11.8 billion USD), according to preliminary data reported on March 27 in Hanoi by the Ministry of Planning and Investment’s Enterprises Development Department.   Workers at a rubber products factory in HCM City’s Tan Quy Industrial Zone  The number of newly-established firms rose 11.4 percent and 45.8 percent in capital value compared to the same period last year,… chat_bubble_outline Read More...

Cassette comeback: For fans, 'a yearning for something you can hold'

Like the original, “Guardians of the Galaxy Vol. 2” is endearingly retro. The hero Peter Quill (Chris Pratt) cherishes a vintage Sony Walkman and his mixtape of 1970s pop gems such as “Brandy (You’re a Fine Girl)” from the band Looking Glass.The cassette is part of writer-director James Gunn's homage to the Analog Era. But tapes are hardly obsolete or even passé. While they may have disappeared from many record store shelves, tapes haven’t gone away. In fact, they’re back in a big way. Cassette… chat_bubble_outline Read More...

England, Scotland to defy FIFA over poppies, face sanctions

LONDON (AP) — England and Scotland will face FIFA sanctions after insisting their players will wear black armbands with embroidered poppies to honor Britain's war dead for a match between the neighbors.England and Scotland will meet for a World Cup qualifier on Nov. 11, Britain's Remembrance Day, when British Commonwealth forces who have died on duty since World War I are honored.Both associations asked FIFA to let their players wear the commemorative poppies somewhere on their jerseys, but… chat_bubble_outline Read More...

Vietjet Bikini to shine up in The Face Vietnam 2016

Read on the original site chat_bubble_outline Read More...

Confronting and overcoming challenges

A spending deficit targeted at 3.5% of GDP has clearly reflected Vietnam’s determination to substantially bring down deficit both in terms of absolute value and its ratio to GDP by tightening budget discipline and keeping public debt within safe limits. In addition to a tightened fiscal policy, the monetary policy is also being carried out in a more proactive, flexible, cautious and market-based manner. Coordinating fiscal and monetary policies are intended to foster growth and ensure… chat_bubble_outline Read More...

folder_open Assigned tags

Comments

Loading...

Trends in Singapore

Trends in Indonesia

Trends in Philippin