Vietnam: ideal destination for global tech giants

Vietnam is again in the spotlight after Apple’s move to shift production activities to this Southeast Asian country, according to TRT World page of Turkish Radio and Television Corporation. This move showed that Vietnam has emerged as a preferred manufacturing destination for global tech giants. For the first time, Apple is moving part of its

Government approves tax payment deadline extension proposal

VGP – Deputy Prime Minister Le Minh Khai signed Decree 34/2022/ND-CP dated May 28, 2022 on extension of deadlines for payment of value-added tax, corporate income tax, personal income tax, and land rental fees in 2022. The tax payment extension is seen as an interest rate-free loan provided by the State to support enterprises and

Vietnam will continue to be the destination of many foreign investors in 2022

Vietnam was one of the few Asian countries that did not fall into a sharp economic downturn during the Covid-19 pandemic in 2020 and 2021. The World Bank (WB) forecasts that in 2022, Vietnam’s GDP will increase by about 5.5%. FDI business 79 countries and territories invested in Vietnam in the first 5 months of

Viglacera General Meeting of Shareholders 2022: VGC sets a consolidated profit plan of VND 1,700 billion

On April 26, 2022, Viglacera Corporation – JSC (stock code VGC) held the Annual General Meeting of Shareholders.  With respect to business and production results in 2021, the parent company’s revenue reached 5,559 billion VND, accounting for 111% of the plan assigned by the General Meeting of Shareholders; the Corporation – Joint Stock Company (consolidated)

Increase in overtime hours from 200 hours to 300 hours/year approved

On March 23, 2022, the Standing Committee of the National Assembly approved a Resolution No. 17/2022/UBTVQH15 on the annual and monthly overtime hours of employees while ensuring COVID-19 prevention and control and socio-economic recovery and development. According to the Resolution, an employer may assign employees to work overtime for 200-300 hours per year if it

Commencement of housing project for workers and experts in Dong Mai Industrial Park, Quang Yen town, Quang Ninh province

On March 24, 2022, in Quang Yen town, Quang Ninh province, Viglacera Corporation – JSC held the Groundbreaking Ceremony of the housing project for workers and experts in Dong Mai Industrial Park. The event marks the next important step in 2022 for the Corporation, continuing to affirm the leading enterprise of the construction industry; the