The Vietnam visa policy allows travelers who need a visa to obtain one online without having to go to a Vietnamese embassy. E-visa procedures are the fastest, most convenient and most comfortable way for foreigners to apply for a visa to enter Vietnam. ### Source: Vietnam Insider
Author: Kevin Le
Regulations on contingent business units need to be reviewed as they have created major barriers for businesses. Nguyen Thi Bich Huong, president of the Petroleum Association under the Vietnam Association of Small and Medium Enterprises (SMEs), claimed that many regulations on contingent business units have created compliance problems for petroleum companies, Vietnam News Agency reported. As an example, she took a number of specific regulations for the purchase of petrol. One such regulation requires gas stations and retailers to buy fuel from a single seller to ensure fuel quality. Huong said the regulation is not necessary as gas stations and…
Cashless transactions, such as mobile and card payments, are quietly overtaking cash as the most common form of transaction around the world. But the sense of cash versus cashless varies from region to region and between countries. So where does Vietnam stand on this issue? Here is an overview of the countries that talk most positively about cashless societies: Merchant machine analyzed geotagged tweets to find out which countries want or reject a cashless society, showing that Vietnam is pro-cashless. With so many neobanks, digital wallets and apps making it easier than ever to pay for things cashless, it’s clear…
Heating bills in American homes are skyrocketing this winter. According to the Energy Assistance Directors Association of America (NEADA), heating costs across the country have continued to rise 18% since peaking at 17% last year. Charmaine Johnson is a hotline operator for Heater Hotline in Philadelphia, a nonprofit that helps low-income families with heating and billing costs. She empathizes with the fear mentioned daily by people. She herself is also struggling to cover the heating costs as the costs are rising as she is going through a similar situation. With the help of his son, Johnson had to pay just…
In fact, GDP at Purchasing Power Parity (PPP) is used by international organizations to more accurately reflect a country’s development. In addition, GDP (PPP) will partly reflect the quality of life of people in an area. In 1986, Vietnam’s GDP (PPP) reached about USD 55.68 billion, ranking 6/6 in ASEAN-6. However, in 1987, Vietnam’s GDP (PPP) surpassed Singapore. Specifically, Vietnam’s GDP (PPP) reached about USD 58.51 billion; Singapore’s GDP (PPP) was about $56 billion in 1987. In 2017, Vietnam’s GDP (PPP) surpassed that of Malaysia. Specifically, the GDP (PPP) of Vietnam reached USD 851.06 billion, while the GDP (PPP) of…
Japan, the world’s largest gas importer, says global long-term LNG contracts are sold out before 2026 amid fierce competition for the fuel as Europe tries to replace supplies from Russia’s gas pipeline. Estimates of sold-out LNG deals emerge from a survey of Japanese companies conducted by the local Department of Commerce and quoted by Bloomberg. The high price of spot LNG has cost many Asian buyers this year as Europe aggressively gathers gas, prompting suppliers to prioritize spot LNG sales to this block to enjoy high prices. At the same time, market volatility, uncertainty and concerns about energy security have…
Indian tourists are a special group that Vietnam focuses on. As noted by Sentence, currently there are 2 streams of opinion about Indian tourists. For tourism experts, Indian tourists are a potential group with high purchasing power, which could replace Chinese and Russian tourists. However, service staff sometimes find it difficult to satisfy this group of tourists. Difficult Indian tourists? If you search for the keyword “Indian tourists” in hotel groups, you can easily find many funny stories shared by people in the industry. Most concluded that this is a rather troublesome group of tourists. Tran Son Tung, a former…
According to Sputnik news, the chip semiconductor industry and the development of the microchip industry have become a fierce race between major countries. Vietnam began to enter the “semiconductor road” and gradually defended its position, with reasonable strategies and calculations. Specifically, Sputnik (Russia) cited the comments of two Central Institute for Economic Management (CIEM) researchers Le Phan and Nguyen Hai Thanh posted to the East Asia Forum to comment on Vietnam’s progress in the global chip supply chain . In it, the news mentioned that Samsung Electronics, the world’s largest DRAM supplier in 2021, is preparing for transistor grid production…
The entire province has 99,200 vehicles under management. In which cars accounted for almost 61%; trucks account for more than 33%; passenger cars accounted for 3.34%, the rest being semi-trailers, special purpose vehicles, etc. According to the results of the 2019 Population Census of the General Bureau of Statistics, on average 5.7% of the total number of households own a car. In which 9.5% of households have a car in urban areas, while in rural areas this is only 3.6%. When both urban and rural areas are taken into account, Hanoi (12%), Da Nang (10.7%) and Thai Nguyen (10.3%) are…
A total of 39 foreign suppliers registered taxes in Vietnam via the portal https://etaxvn.gdt.gov.vn/nccnn/Requesreports the General Tax Office. Among them are Meta (Facebook), Google, Microsoft, TikTok, Netflix and Apple which account for up to 90% of the cross-border e-commerce market share. Other names on the list include iHerb, LLC; Netflix pte. Ltd; Tiktok Pte. Ltd; Blizzard Entertainment Inc; educational testing service; Ezviz International Limited; and LinkedIn Singapore Tte. e.g. Ltd. ###: Tax Accounting Services for Foreign Companies in Vietnam About $22.2 million has been collected through the portal, which was developed exclusively for foreign suppliers and was launched on March…