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VAT of 0% proposed on digital content for foreign markets

The Vietnam Digital Content Creation Alliance (DCCA) has proposed a zero-percent VAT on digital content produced to serve foreign markets and viewers, applied to both individuals and businesses.

More policies considered to retain public sector talent

Vietnam has an abundance of talented individuals, but these talents are not being utilised effectively.

Digital transformation makes copyright breach handling more challenging

It is not at all difficult in Vietnam to go online and watch pirated films of all genres from video piracy sites even though competent authorities have tried to pinpoint and eliminate them.

Cao Lanh’s Cat Chu mango: the pride of Dong Thap Province

Cát Chu mango is also known by another name: xoài tiến vua (Mango Offered to the King).

Growth goals take hit after tricky Q1/2023

The moderate situation at these supermarkets in Hanoi reflects the dim landscape of Vietnam’s retail and consumption.

IT engineer honoured for developing modern radar system

Nguyen Nhu Thanh, an IT engineer in Hanoi, takes immense pride in the VRS-MCX radar system, a modern weaponry system that recently won him an award of being one of the top ten outstanding young people of Vietnam in 2022.

Young chef spends years to remake Hanoi's classic dishes

Nguyen Phuong Hai is not only a renowned chef by his cooking skills but he is also known for dedication to restoring many traditional dishes of Hanoi.

VN game developers stunned as Finance Ministry attempts to impose luxury tax

If Vietnam imposes a luxury tax on electronic games, this will deal a strong blow to the game industry, said VCCI’s (Vietnam Confederation of Commerce and Industry) head of Legal Department Dau Anh Tuan.

Golf association leaders caught gambling, tournaments face lack of sponsors

Many golf tournaments in Vietnam, especially professional ones, are facing difficulties in calling for sponsorship following scandals involving the leaders of the Vietnamese golf community.

EVN’s electricity production costs exceed VND2,000/kwh

The ministry late last week held a press conference announcing the results of the inspection of EVN’s electricity production costs in 2021 and 2022.

Contractors asked to reduce dust infiltration from Long Thanh Airport project

Amid an infiltration of red basalt soil dust from the Long Thanh Airport project causing pollution and affecting residential areas, Deputy Minister of Transport Le Anh Tuan has just required the contractors to reduce dust infiltration.

VIETNAM BUSINESS NEWS APRIL 4/2023

HoREA proposes credits for real estate firms to pay for maturing bonds

President Vo Van Thuong welcomes Governor-General of Australia David Hurley

Vietnamese President Vo Van Thuong and his spouse this morning welcomed Governor-General of Australia David Hurley, the Governor-General’s wife and a high-ranking delegation of Australia on their state-level visit to Vietnam.

Vietnam, Australia utilise FTAs to boost economic and trade co-operation

Vietnamese and Australian businesses have been advised to maximise incentives of free trade agreement (FTAs) in a bid to increase investment and ramp up economic and trade co-operation moving forward, according to insiders.

Two local and international beauty pageants launched in Vietnam

Miss Grand Vietnam and Miss Grand International 2023 were officially launched at a press conference held on April 3 in Ho Chi Minh City, with the event featuring the presence of Isabella Menin, Miss Grand Slam 2022.

ADB anticipates economic growth of 6.5% for Vietnam in 2023

The nation’s economic growth is forecast to decrease slightly at 6.5% this year before rising to 6.8% next year, according to the “Asian Development Outlook” report released by the Asian Development Bank (ADB) on April 4.

Vietnam wins three golds at Cambodia Kun Bokator National Championship

Local martial artists bagged a total of three gold, three silver, and three bronze medals, thereby ranking second in the medal tally at Cambodia Kun Bokator National Championship which concluded on April 3 in the Cambodian capital of Phnom Penh.

Quang Liem suffers failure in quarter finals of Champions Chess Tour

Vietnamese Grandmaster Le Quang Liem suffered a loss after being beaten by Italian and American chess grandmaster Fabiano Caruana at the quarterfinals of the ongoing Champions Chess Tour on April 4.

VN central bank starts huge credit package for social housing projects

Developers of social housing projects buyers of this kind of houses are entitled to benefit from a credit package worth 120 trillion VND (5.1 billion USD) which was started by the State Bank of Vietnam (SBV) earlier this month.

The 300-year-old pagoda with Asia’s longest Reclining Buddha statue

Containing not only the longest statue of Buddha in Nirvana on the roof in Asia, Hoi Khanh pagoda also has relics related to the father of President Ho Chi Minh.