Auto manufacturers, auditing firms to be next targets for transfer pricing probe

After inspecting textile and garment enterprises, taxation bodies will cast their eyes on automobile manufacturing enterprises and put international auditing firms under probe, according to the General Director of the General Department of Taxation.

Political News Headlines 24/6

 Vietnam, Japan boost defence cooperation; PM sends condolences to Bulgaria; UN body approves human rights report; Soc Trang urged to focus on ethnic minority poverty

Vietnam aims to develop sea tourism

 VietNamNet Bridge – Vietnam's coastal destinations have lured more and more tourists and created competitive advantage for sea tourism, said the Vietnam Economic News.

Photos: Vietnam–Italy promote strategic partnership

 On June 9-10, 2014, Italian Prime Minister Matteo Renzi paid an official visit to Vietnam. The visit is the first one of an Italian prime minister since the two nations established diplomatic relations in 1973.

South Korea ferry: Court to hear evidence

 A South Korean court is to hear evidence in the trial of the captain and 14 crew members of a ferry that sank in April, killing more than 300.

Rare book auction to help East Sea fishermen

 VietNamNet Bridge – Researcher Ho Tan Phan is holding an auction of two books by war correspondent Bernard Fall to collect money for fishermen who sail the Vietnamese sea despite East Sea tensions.

Two months of China's deployment of HD-981 oil rig in Vietnam's waters

VietNamNet would like to give our readers a panorama of the East Sea tensions in the last two months, since China began deploying its HD-981 oil rig in Vietnam's exclusive economic zone and continental shelf, through the following video clip.

Vietnamese millionaires in Angola

 VietNamNet Bridge – They not only have assets worth of millions of USD but also create jobs for many Vietnamese people in Africa, with monthly salaries of $1,000-$1,500.

Labour productivity lags behind region

 VietNamNet Bridge – Viet Nam's low labour productivity has caused concern among labour experts, who recently voiced worries and called for urgent measures to boost the number of skilled workers.

Vietnam recognizes legal status of the PCA

 Vietnam has officially recognized the Hague-based Permanent Court of Arbitration (PCA) in the Netherlands as having binding authority to settle international disputes spanning a wide range of legal issues.

U.S. boychoir to hit Vietnam’s stage

 VietNamNet Bridge – The Pacific Boychoir Academy from the U.S will perform for Vietnamese audiences in Hanoi, HCMC and Quang Nam’s Hoi An from July 12 to 16 as part of their Asia Tour 2014.

Saigonese miffed at cancellation of English programs

 VietNamNet Bridge – The HCM City Education and Training Department has unexpectedly decided to discontinue its use of Cambridge University’s English teaching curriculums, after four years of its application at 20 primary schools.

MONRE hacked, secret East Sea data possibly stolen

ESET, an internet security firm, has discovered an intentional cyberattack against the Ministry of Natural Resources and the Environment (MONRE). Top confidential documents, it warns, may have been stolen by attackers.

Photos: Vietnam rejects China’s East Sea wrongful allegations

 The Ministry of Foreign Affairs held an international press conference in Hanoi on June 16 to clarify China’s wrongful, groundless allegations of the current situation in the East Sea made on June 13 and provided fresh developments.

Hanoi Old Quarter viewed from flying cameras

 VietNamNet Bridge - Observing from a height of 300m, the Hanoi Old Quarter is covered by reddish-brown roofs.

Vietnam updates Turkey, Norway on China’s East Sea sovereignty violation

 Vietnamese ambassador to Turkey recently handed over documents protesting against China’s illegal placement of the Haiyang Shiyou-981 oil rig inside Vietnam’s exclusive economic zone to Turkey and a number of other countries.

China’s unacceptable greed with the East Sea

 The legal ramifications and motivation for China’s illegal placement of its oil rig Haiyang Shiyou-981 in the East Sea was the topic that captured major attention of international and Vietnamese scholars.

Chiense ships ram, damage Vietnam vessel

 A Vietnam Fishing Surveillance Department ship was deliberately rammed and seriously damaged by two Chinese ships illegally operating in Vietnamese waters on June 23.

Undeniable history: Hoang Sa, Truong Sa have always been VN's sacred territories

 The so-called “U-shaped” line China has drawn by itself in the East Sea as well as its recent moves are the main causes of the complicated and tense situation in the region.

Old forests cut down as Chinese traders order unripe beans

Forests in the districts of Son Ha, Tay Tra and Son Tay in the central province of Quang Ngai are being cut down to sell unripe Sterculia lychnophora beans, which locals call “uoi”, to sell to Chinese businesspeople.

A deep pit made of water and rocks

 VietNamNet Bridge – Phu Yen Province on the country’s central coast is endowed with many stunning beaches, mountains, waterfalls and rivers that are worth visiting.

Health group calls for 'sugar tax' to cut child obesity

 A "sugar tax" should be introduced by the UK government to help curb obesity in childhood, a campaign group says.

State investment corporation gets more chartered capital

 VietNamNet Bridge – The chartered capital of the State Capital Investment Corporation (SCIC) will be raised to VND50 trillion, but it is not clear whether the organisation will succeed, analysts say.

Summer vacation taxes, vexes parents

 VietNamNet Bridge – Summer vacation brings joy to children but much worries to their parents, particularly those in urban areas because they do not have the time to take care and help their children to revise a lesson.

Carlyle Thayer suggests China case to UNSC

 Professor Carlyle Thayer from the Australian University of New South Wales has suggested that China’s illegal placement of Haiyang Shiyou-981 inside Vietnam’s territorial waters should be referred to the UN Security Council for discussion.