Vietnam Roundup: Tax invasion, diplomatic relations, clean water management
Tax evasion
Former chairman of Vietnamese electronics company Asanzo, Pham Van Tam, has been indicted for tax evasion, along with the legal representative and CEO of the company, Pham Xuan Tinh. The company imported Chinese products and sold them as locally made merchandise in 2019, evading a total of VND15.7 billion (US$616,770) in value-added and excise duties, Tuoi Tre News reports.
Cuts on income tax
Vietnam is considering cutting the corporate income tax for small and micro-sized enterprises to 15-17 percent, down from the current 20 percent. The move is aimed at promoting the development of the private economic sector and encouraging the transition from business households into enterprises. According to The Star, there are currently about 900,000 enterprises in Vietnam, with small and micro-sized enterprises accounting for nearly 94 percent.
Clean water management
South Sumatra and Vietnam signed a memorandum of understanding on clean water management. They discussed potential cooperation in human resources and technology. Vietnam sees Indonesia as a promising partner for investment in the water industry. The agreement aims to improve the management and provision of clean water in South Sumatra, Antara Indonesian News Agency reports.
Vietnam-Cambodia diplomatic relations
Cambodian media, including Agence Kampuchea Press and Koh Santepheap Daily, are highlighting the 57-year diplomatic relations between Vietnam and Cambodia. The articles emphasize the strong and enduring friendship between the two countries, particularly in politics and security. Both countries prioritize their relationship and are working towards further development and cooperation in various fields. Viet Nam News reports that this reflects their commitment to mutual support and success in national development.
Yoga tours
Sa Pa resort town in Lào Cai province launched yoga tours for 2024 as part of the 10th International Yoga Day celebrations. The event included a mass yoga performance by 500 trainers and participants and showcased the beauty of Sa Pa as a perfect location for immersive yoga experiences. The theme of the International Yoga Day was "Yoga for self and society", emphasising the unity of mind, body, and soul, and promoting harmony between humans and nature. According to Viet Nam News, new yoga tours for 2024 were also introduced, offering visitors yoga and meditation experiences at popular local tourist destinations.
