VIETNAM TENDERS DAILY- NOVEMBER 16, 2021
1. Provision of Crude Oil Heater System On RP-2
2. Control and automation system supply
3. Spare parts and materials supply-bid extend
4. Pipe billet and Steel billet supply-bid extend
5. High performance accounting system supply
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EXPORTS TO U.S. RISE BY 23% IN JAN-OCT
Revenue from goods exports to the United States amounted to US$76.8 billion between January and October, up 23.1% year-on-year, according to statistics from the General Department of Vietnam Customs.
SEVERAL LISTED FOREIGN FIRMS REPORT LOWER PROFITS AND LOSSES IN 2020
While most listed foreign-invested enterprises (FIEs) were in the red, only Siam Brothers Vietnam JSC and Tung Kuang Industry JSC reported increases in after-tax profit by 18 and 56 per cent respectively, according to the State Securities Commission (SSC).
VIETNAM ACCOUNTS FOR 10 PER CENT OF GLOBAL FOOTWEAR EXPORTS
For the first time, Vietnam's share of world footwear exports has surpassed 10 per cent with 1.23 billion pairs of shoes exported in 2020, according to data by World Footwear Yearbook 2021.
2021'S PROFIT OUTLOOK MOSTLY REFLECTED IN STOCK PRICES: FIINGROUP
Statistics from Fiin Trade showed that as of November 7, a total of 897 enterprises and banks, accounting for 94.5 per cent of market capitalisation, officially released or have announced business results for the third quarter.
VIETNAM’S ECONOMY SEES POSITIVE CHANGES: WORLD BANK
Amid a protracted COVID-19 outbreak, socio-economic data in October showed the contraction has bottomed out and Vietnam's economy has made positive changes, the World Bank (WB) in Vietnam said in its Vietnam macroeconomic update for November released on November 12.
WEBINAR: CERTAIN IMPACTS OF COVID-19 ON TAX AND TRANSFER PRICING COMPLIANCE
The fourth wave of Covid-19 in Vietnam has brought severe impacts to the social-economic situation of the Southern region of Vietnam and the country as a whole. Difficulties in determination of tax and transfer pricing treatment in this challenging time would likely to result in the potential risks for business in upcoming tax audit/inspection.
INTELLASIA FINANCE & BUSINESS NEWS - NOVEMBER 12, 2021
1. Mastercard opens the door for fintech companies
2. Setting legislative pathway to CPTPP implementation
3. Annual target of $600 billion foreign trade within reach
4. MoIT expects strong growth for electronics industry
5. Ministry plans to launch 67 construction projects for 2021-2025
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