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FPT to cooperate with Nigerian business

The FPT Group and the 21 st Century Technologies Inc (21 CT) of Nigeria on July 5 signed a memorandum of understanding (MoU) on strategic cooperation between the two sides.
The FPT Group and the 21 st Century Technologies Inc (21 CT) ofNigeria on July 5 signed a memorandum of understanding (MoU) onstrategic cooperation between the two sides.

Under the MoU, FPT will cooperate with 21CT in the fields of telecommunications, education and equipment production.

FPT also plans to seek opportunities in broadband and digital contentservices along with providing consultancy, developing infrastructure andoffering service for the Nigerian company./.

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A motorbike production line of Honda Vietnam — a Japanese company located in Phu Tho province. (Photo: VNA)

💖 Phu Tho emerges as FDI magnet following mergence

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Infraction levels will correspond to fines of 1-80 million VND, depending on the nature and number of invoicing violations. (Photo: vietnamfinance.vn)

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Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
At the strategic partnership signing ceremony between Sun PhuQuoc Airways and Amadeus. (Photo: Sun Group)

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A local resident makes a bank transfer using the Momo app. (Photo: VNA)

𓄧 Banks accelerate digitalisation, non-cash payments

Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
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