return icon Vietnamnet.vn

Facebook to register, declare and pay foreign contractor tax in Vietnam

Meta, the parent company of Facebook, on the occasion of the signing of a memorandum of understanding with the National Innovation Center (NIC), made the tax payment commitment.

Within the framework of the Vietnamese Prime Minister Pham Minh Chinh’s working visit to the US, representatives of Meta’s Public Policy division had a meeting with the Prime Minister and Vietnamese delegates to discuss issues related to digital economy development.

At the meeting, Meta and NIC, belonging to the Ministry of Planning and Investment (MPI) signed an MOU on enhancing small and medium enterprises’ (SMEs) capability and encouraging innovation.

Under the MOU, despite the impact of Covid-19, Meta will still be a dedicated and active partner of Vietnam, especially in the development of the national digital economy.

The signed document aims at heightening the capability of SMEs, especially ones in the Mekong Delta and those belonging to disadvantaged groups.

The two sides committed to encourage innovation and breakthrough business ideas in Vietnam. Many initiatives with these  goals have been implemented by Meta in recent years, while the MOU between Meta and NIC will formalize some of the projects that are being implemented.

Meta wants to play an active role in supporting Vietnam in pursuing its vision of developing a sustainable digital economy, similar to what it is doing in other countries around the world.

In the context of Covid-19, an important goal of the group is supporting SMEs to digitize to be able to recover after the pandemic

Since Covid-19 broke out, Meta has been one of the US technology firms making active contributions to the Government’s fight against the pandemic.

Since February 2020, Meta has provided free advertisement sponsorship packages to the Government Information Portal and the Ministry of Health (MOH) in order to promote the dissemination of official information about epidemic developments.

Since the Facebook pages ‘Thong tin Chinh Phu’ (Government Information) of the Government Information Portal and ‘Suc khoe Viet Nam’ (Vietnam Health) of MOH started running ads for content related to the Covid-19 pandemic, the number of followers on both pages has increased at least 10 times.

The Facebook page of the Government Information Portal now has more than 3.3 million followers, an increase of 2.7 million people just over a year. Important messages from the Government of Vietnam and MOH have reached tens of millions of people and attracted millions of interactions (likes, comments and shares).

The group met and discussed with the General Department of Taxation in April 2022 to learn about the implementation of Circular 80 on the mechanism for tax registration, declaration and payment for foreign contractors in Vietnam.

Meta has committed to register, declare and pay foreign contractor tax in accordance with the circular.

Trong Dat

MORE NEWS

National Assembly Chairman arrives in Budapest for Hungary visit

A high-ranking delegation of the National Assembly (NA) of Vietnam led by NA Chairman Vuong Dinh Hue arrived in Budapest on June 25 afternoon (local time), beginning an official visit to Hungary.

Next Top model crowned Miss Universe Vietnam 2022

Ngoc Chau, the winner of Vietnam’s Next Top Model 2016, was crowned Miss Universe Vietnam 2022 at a grand finale held in Ho Chi Minh City on June 25 evening.

WB, FTSE Russell pledge regular coordination in upgrading Vietnam's stock market

Representatives of the World Bank (WB) and FTSE Russell have committed to further supporting Vietnam to build a sustainable stock market, particularly via regularly exchange and coordination in the market upgrading matter.

Regions, sub-regions must be linked for development

In 2004, the Politburo released Resolution No 39-NQ/TW on socio-economic development and assurance of national defense and security in the northern part and southern coastal area of the central region by 2010.

Ensuring information security for digital platforms the top priority

Deputy Minister of Information and Communications Nguyen Huy Dung stressed that ensuring information security for digital platforms must be considered the key task, inseparable from the digital transformation process.

Aircraft fuel price reaches 8-year high

The continued air petrol price increase has caused headaches to air carriers. Airfares change from day to day.

VIETNAM NEWS HEADLINES JUNE 25

Exhibition spotlights Hue’s enameled bronze art

VIETNAM BUSINESS NEWS JUNE 25

Government seeks to resolve businesses’ capital shortage

Online exposure confers stardom on young singers

Restrictions on traditional entertainment channels by the Covid-19 pandemic have turned out to be a blessing in disguise for some young singers presenting their talents online.

Hanoi's transport department proposes more vehicles using the exclusive BRT lane

Hanoi Department of Transport has proposed the municipal People's Committee to allow passenger cars with 24 seats or more, official vehicles, ambulances and fire trucks to use Bus Rapid Transit (BRT) lanes in the capital.

16 Vietnamese designers to open Thailand Fashion Week 2022

A fashion collection by 16 young Vietnamese designers is set to open Thailand Fashion Week 2022 for the first time, with the outfits on show featuring images of Vietnamese cultural heritages.

The man who helps Vietnamese find their biological parents

Do Hung Phuc’s joy is to help those who lost their parents at birth to find their roots. In three years, the young man has created many magical and emotional reunions.

US increases coffee imports from Vietnamese market

The market share of Vietnamese coffee as part of the United States’ total imports increased from 8.95% to 9.6% during the opening four months of the year, according to statistics compiled by the General Department of Vietnam Customs.

Teenager specializes in diaphonization of animals

Two years ago, after he saw images of diaphonized specimens on the internet, Nguyen Tien Minh Duy, 15, from Buon Ma Thuot City began searching for information and learning about diaphonization.

Universities use ‘conflicts’ to help students learn more about business

Future schools need to be good at designing experiences for students to help them in their career and purpose, Lee Newman from Spain’s IE University said in an interview with VietNamNet.
back_to_top