Speeding up administrative reform, organising more investment promotion activities, and focusing resources on upgrading infrastructure are the main measures the central province of Thanh Hoa is going to take in a bid to support businesses operating in its Nghi Son Economic Zone (EZ) this year.
Speeding up administrative reform,organising more investment promotion activities, and focusing resourceson upgrading infrastructure are the main measures the central provinceof Thanh Hoa is going to take in a bid to support businesses operatingin its Nghi Son Economic Zone (EZ) this year.
TheNghi Son EZ covers an area of more than 18,600ha, with most factoriesfocusing on heavy industry, basic industry and the Nghi Son seaport.
In 2014, the zone attracted 41 domestic projects with a totalregistered capital of over 3.1 trillion VND (145.7 million USD), andthree foreign investment projects worth 40.5 million USD.
In the year, enterprises in the zone generated 18 trillion VND (846million USD) in revenue and created jobs for around 63,000 labourers.
Thezone also houses the Nghi Son Oil Refinery and Petrochemical Complex(NSRP), the largest-ever in Southeast Asia and the largest FDI projectin Vietnam with capital topping 9 billion USD.
As many as 27 percent of the project’s works has been completed, with 1.65 billion USD disbursed.-VNA
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
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In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
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Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
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.
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Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
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