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Vietnam, US boost trade, investment

Leaders of the Business Association of Overseas Vietnamese in the US (BAOOV-US) started their working visit to Hanoi on June 9 to boost trade and investment between US and Vietnamese businesses.
Leaders of the Business Association of Overseas Vietnamese in the US(BAOOV-US) started their working visit to Hanoi on June 9 to boosttrade and investment between US and Vietnamese businesses.

According to BAOOV-US Executive Director Calvin P. Tran, the visitaims to introduce the Maryland-based Vietnam Business Centre (VBC) whereVietnam ’s products are showcased and Vietnamese enterprises placetheir representative offices.

The BAOOV-US leaderswill meet with Vietnamese businesses to promote investment cooperationprogrammes and call on local importers and exporters wishing to tradewith US distributors to open representative offices at VBC.

They will accompany Maryland Governor Martin O’Malley during hisworking sessions with Vietnamese representatives to foster cooperationbetween the US and Vietnam in general and Hanoi in particular.

During their three-day visit, the delegation plans to work with theVietnam Chamber of Commerce and Industry (VCCI), the Ministry ofPlanning and Investment, the State Committee on Overseas VietnameseAffairs (COVA) and the Vietnam-US Businessmen’s Club./.

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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)

🅺 Banks accelerate digitalisation, non-cash payments

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