HÀ NỘI — The Personal Income Tax Law will be revised in 2025, following the proposed timeline submitted to the Government and reported to the National Assembly (NA) Standing Committee. Minister of Finance Hồ Đức Phớc said that the ministry was currently conducting a review and assessment of tax laws, including the Personal Income Tax Law. Under the existing provisions of the Personal Income Tax Law, individuals are obligated to pay personal income tax on earnings from salaries and wages. 954/2020/UBTVQH14, which adjusted the family circumstance deductions for personal income tax (effective from the 2020 tax year). Economists emphasise the significant role of implementing personal income tax policies in redistributing resources according to the different stages of economic and social development.

May 20, 2024 07:29 UTC

Since its launch a year ago, the GoGreen Plus service has seen very positive adoption rates, indicating a strong market demand for such a service. We are delighted that Norton Rose Fulbright sees the value of our GoGreen Plus service. GoGreen Plus service is an immediate game-changer for us, offering a blend of transparency, and a clear commitment to reducing carbon emissions. "The GoGreen Plus service is part of DHL Group's sustainability goal of achieving net-zero emissions by 2050. This supports the local government's goal of achieving carbon neutrality before 2050, and reducing Hong Kong's carbon emissions by 50% before 2035, compared to the levels 2005.

May 20, 2024 07:16 UTC

Surveyed employers believe that AI can boost their organizations' productivity by 40%, while workers believe AI could raise their efficiency by as much as 47%. "The rise of generative AI presents an unparalleled opportunity for Hong Kong businesses to drive innovation, enhance productivity, and stay ahead of the curve. They also lack the financial resources to provide employees with AI training (70%), and time for employees to pursue AI training outside of core work responsibilities (69%). In addition, 65% of employees cited a lack of knowledge of the AI skills training programs available as a top barrier.AWS has trained over 100,000 individuals in Hong Kong on cloud skills since 2014. It also offers usage demos of AWS services such as Amazon Bedrock, Amazon Q Business, and Amazon Q Developers.

May 20, 2024 04:21 UTC

33 of 2022).The arbitration law reform proposed by President Kwong was enacted as the Hong Kong Arbitration (Amendment) Ordinance 2017. It highlights the advantages of using Hong Kong law as the governing law of arbitration agreements and Hong Kong as the seat of arbitration. The Department of Justice is actively seeking to expand the scope of application of the measures of "Hong Kong capital, Hong Kong law" and "Hong Kong capital, Hong Kong arbitration" to the entire Greater Bay Area. This will allow more Hong Kong-funded enterprises in the region, including foreign-funded enterprises established in Hong Kong, to choose Hong Kong law as the applicable law for civil and commercial contracts and select Hong Kong as the place of arbitration. About Hong Kong Institute of Arbitrators (HKIArb)Hong Kong Institute of Arbitrators (HKIArb) is a Hong Kong company limited by guarantee established in September 1996.

May 20, 2024 04:08 UTC

The data center will be connected with STT VNG Ho Chi Minh City 1 (the new name of VNG Data Center) via diverse network infrastructure, creating favorable conditions for the connection and expansion of services. After successfully developing the first data center, they will think about building a new center if market conditions are favorable. VNG needs to find partners to build large data centers to serve domestic demand and provide services globally. Asked about solutions to develop the data center market, Minh said this is beyond the capability of one company. With 60,000 servers, 2,400 racks, and 21,000 sq m of floor area, it is one of the biggest data centers in Vietnam.

May 20, 2024 03:56 UTC





On the occasion, the publishing house has also republished many precious publications on President Ho Chi Minh./. This competition formed part of activities held to commemorate the 134th birth anniversary of President Ho Chi Minh (May 19, 1890- 2024). After the ceremony, delegates offered incense at President Ho Chi Minh Temple, visited the memorial complex, and planted trees in front of the monument./. At the ceremony, local children performed songs, dances and poems honouring President Ho Chi Minh and the special solidarity between the two nations./. He stressed that he is especially impressed with the simple, humble and closeness manner of President Ho Chi Minh.

May 20, 2024 03:29 UTC

Award Ceremony at JC Cube Auditorium for Low Carbon Cooking and Living for the Environment and the FutureUnder Secretary for Commerce and Economic Development Dr. Bernard Chan presents commemorative souvenirs to sponsors of the Zonta Club of the New Territories' 'Low Carbon Cooking and Living' fundraising projectHONG KONG SAR - Media OutReach Newswire - 20 May 2024 - The Zonta Club of the New Territories addressed the challenge on carbon reduction by working with 21 companies/organisations on a fund raising project, "Low Carbon Cooking and Living for the Environment and the Future" over the past nine months.With support from the Kadoorie Farm and Botanic Garden, staff of the 21 companies/organisations, members of the Zonta Club of the New Territories and the Z Club students attended training on low carbon cooking, organic farming, protection of biodiversity and green building at the Green Hub. Upon completion of the workshops, a Low Carbon Recipe Competition was held for all participants so that they can practise what they have learned from the workshops to cook low-carbon, healthy and delicious food. Our mission is to serve by improving the status of women in law, politics, economy, education, health and professions. Over the past 40 years, we have made significant contributions in different aspects to society. Zonta Club of the New TerritoriesZonta Club of the New Territories (Zonta NT) works towards the objectives of serving the community in Hong Kong: improving the legal, political, economic, educational, health and professional status of women; and the advancement of understanding and goodwill through the fellowship of women executives in business and professions.

May 20, 2024 01:13 UTC

Thanks to a stable investment environment, high economic growth, large domestic market, and young labour force, the country remains an enticing market for foreign investors,. The latest World Bank Taking Stock bi-annual economic update predicted that Vietnam’s economy can grow by 5.5% in 2024 and increase to 6% in 2025. The country’s exports are recovering, and consumption and private domestic investment are growing more gradually. Meanwhile, the Asian Development Bank (ADB) is more optimistic, expecting Vietnam’s economy to expand by 6.0% in 2024 and 6.2% in 2025. Strategic destinationNot only international organisations but many foreign businesses have also made positive assessments of Vietnam’s economy.

May 19, 2024 20:11 UTC

HÀ NỘI — The 15th National Assembly (NA) will begin the process of electing the NA Chairman and State President from Monday, said NA General Secretary Bùi Văn Cường. General Tô Lâm, who was born on July 10, 1957, in Hưng Yên Province, joined the People's Public Security Force in 1974. TrầnThanh Mẫn, a member of the Politburo and NA Permanent Vice Chairman is expected to be the NA Chairman. The NA elects the NA Chairman first, then elects the State President,” said Cường. According to regulations, the NA Chairman and the President will take an oath after being elected by the NA.

May 19, 2024 18:00 UTC

HÀ NỘI — Great efforts have been made to combat counterfeit goods and trade fraud products on e-commerce channels as online shopping has become increasingly popular for many people amid booming e-commerce activities. Online shopping contributes to increasing sales and reducing intermediary costs, preventing financial loses for businesses in the Vietnamese market. Many bad actors have exploited consumer trust and policy loopholes to sell low-quality products, counterfeiting the trademarks of well-known brands that are protected in Việt Nam and worldwide, they said. He also provided a comparison that in 2020, retail sales on the Internet in Việt Nam reached $13 billion, but by 2022 this figure surged to $35 billion. Việt Nam has the highest online shopping population ratio in Southeast Asia, with 49.3 million or 41 per cent of its population shopping online, he added.

May 19, 2024 12:58 UTC

In mid-April, Phát shared a post of a photo of the qualified player list and commented: "Really, an Olympic qualifier? Following a new regulation, any qualification slot that is not used by a national Olympic committee will be reallocated to the next highest eligible athletes on the list. "I was extremely nervous, counting the days, and was over the moon when I officially got such a surprising and unbelievable Olympic spot," Phát said. First time OlympianPhát began his Paris Olympics campaign in May 2023, when he was outside the world's top 300. Phát said the Olympics was the highest-level playground in badminton, where all the world stars gathered for glory.

May 19, 2024 07:33 UTC

Ho Chi Minh City Days launched in OsakaA three-day event aiming to strengthen ties of friendship and co-operation between Ho Chi Minh City and Osaka kicked off on May 17 in the Japanese city. Furthermore, a music gala is due to take place as part of the Ho Chi Minh City Days in Osaka on May 18. He has been managing the relic site dedicated to President Ho Chi Minh in Nakhon Phanom since 2018. Ho Chi Minh City has established friendly and co-operative relations with eight localities in the RoK, including Gyeongsangbuk province. This will further facilitate investment, trade, and cultural exchange activities between Ho Chi Minh City and Gyeongsangbuk.

May 19, 2024 03:27 UTC

ĐÀ NẴNG -- Bạc Thị Khiêm won Việt Nam's only gold at the Asian Taekwondo Championship which closed on May 18 in Đà Nẵng City. The Asian Games bronze medalist, who was seeded No 4, defeated Khussainova Nuray of Kazakhstan in the first round. Coach Vũ Anh Tuấn said it was a remarkable result for not only Khiêm but also Việt Nam's taekwondo. After five days of competitions, Việt Nam won two golds, one silver and 11 bronzes in both poomsae (performance) and kyorugi (combat) events. The ninth Asian Para Taekwondo Open Championships will continue on May 19 at the same venue.

May 19, 2024 02:01 UTC

HÀ NỘI — The Party Central Committee has nominated General Tô Lâm, a Member of the Politburo and Minister of Public Security, to be the President of Việt Nam. Trọng congratulated the committee for unanimously nominating Tô Lâm, Politburo member and Minister of Public Security, to the NA for election as the next State President; and Trần Thanh Mẫn, Politburo member and NA Permanent Vice Chairman for the top legislator position. General Tô Lâm, born on July 10, 1957, in Hưng Yên Province, joined the People's Public Security Force in 1974. In 2016, he was elected as a member of the Politburo while serving as Minister of Public Security, a position he still holds. In 2021, he was re-elected to the Politburo and assigned key roles in the Central Steering Committee for Anti-Corruption, the Central Committee for Internal Political Protection, the National Defence and Security Council and the Central Steering Committee for Judicial Reform.

May 18, 2024 17:17 UTC

HUẾ — The first metaverse exhibition that integrates with Apple Vision Pro has opened at the Huế Monuments Conservation Centre. Ten significant antique objects from the Nguyễn Dynasty (1802–1945), the last Vietnamese dynasty have been digitally identified to be presented in 360-degree vision and full sharpness. The centre has been cooperated with Phygital Labs, to apply cutting-edge technology to preserve and promote cultural and heritage values of the objects that being kept in the Museum of Huế Royal Antiquities. The digital identified objects include a throne, palanquin, boots, precious gemstone bonsai and set of ivory xăm hường game cards. The centre will continue to compile content, including scanning, taking images of antiques, to offer to the digital museum.

May 18, 2024 15:50 UTC