MIC and Meta cooperate to fight Facebook fraud

Meta will host training courses on the use of social networks with the MIC’s Information and Communications Public Management Institute to increase the efficiency of policy communication.

5% VAT on fertilisers to create fairer market: domestic producers

The absence of VAT on fertilisers has prevented domestic producers from declaring and deducting input VAT, which leads to higher cost of domestically produced fertilisers, by an estimated 5-8 per cent, and makes them vulnerable in competition from imported fertilisers.

New law expected to boost financial leasing

The law, which will take effect from July 1 this year, allows financial leasing companies to establish subsidiaries to handle and exploit bad debt assets. It also states that small financial leasing deals with value under VNĐ100 million do not need to control the purpose of capital use.

Cargo owners lament increased fees and surcharges

Many shipping companies have increased their terminal handling charges (THC) at ports, resulting in losses for Vietnamese cargo owners, who claimed the increases were not communicated clearly and fairly. 

Green Entrepreneurship Contest 2024 begins

The 10th edition of the contest is open to individuals, collectives, enterprises, and co-operatives nationwide in the fields of agriculture, forestry and fishery, food processing technology, biotechnology, and agricultural and community tourism, or those operating climate smart livelihood models, circular economy and social impact business models or projects that preserve and add value to local resources.

E-commerce yet to replace traditional trade channels

A recent survey by the Business Association of High Quality Vietnamese Products reveals that traditional retail channels, particularly grocery stores, continue to dominate due to their appeal in terms of quality, affordability, and, most importantly, convenience or friendliness. 

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