Deputy Prime Minister and Finance Minister of the Czech Republic Alena Schillerova spoke highly of Vietnamese businesses’ adherence to her country’s laws while attending a workshop in Prague on February 29.
Czech Deputy Prime Minister and Finance Minister Alena Schillerova (second, right) speaks at the wokshop in Prague on February 29 (Photo: VNA)
Prague (VNA) – Deputy Prime Minister and FinanceMinister of the Czech Republic Alena Schillerova spoke highly of Vietnamese businesses’adherence to her country’s laws while attending a workshop in Prague onFebruary 29.
The workshop focused on the Electronic Records of Sales(EET), aiming to provide information and counseling about issues relevant tolocal laws and business environment to Vietnamese firms in the Czech Republic.
The EET attracts great attention from the Vietnamesecommunity there as the third and fourth phases of this law will be implementedon May 1 and cover more professions like lawyer, accountant, doctor, craftsmanand taxi driver.
The first and second phases of the EET has been carried outsince it came into force on December 1, 2016, applicable to those doingbusiness in the fields of restaurant, hotel, wholesale and retail.
Deputy PM Schillerova stressed that the EET helps create afair business environment and increase budget for the Czech Government.
She also appreciated Vietnamese businesses’ cooperation withher country’s Finance Ministry in the EET enforcement since the law tookeffect, expressing her belief that they will be able to understand and applythe EET in its third and fourth phases soon.
Meanwhile, Chairman of the Vietnamese Business Association inthe Czech Republic Pham Thanh Long thanked the Czech Government, especiallyDeputy PM Schillerova, for giving practical support to Vietnamese firms in thecountry to better adapt to the local business climate.
At the workshop, the Deputy PM and experts from the CzechFinance Ministry fielded questions about the EET from Vietnamese people.
On this occasion, Schillerova also visited businessfacilities of Vietnamese people at the SAPA trading centre, where the event washeld.
Talking to Vietnam News Agency, the Deputy PM noted theassociation of young Vietnamese entrepreneurs coordinated with the CzechFinance Ministry to provide translations of the EET and videos guiding the lawapplication for Vietnamese firms.
She highly valued the awareness and sense of responsibilityof the Vietnamese community in her country, 90 percent of whom are doingbusiness, in learning about and complying with the EET./.
Young Vietnamese scientists, post graduates and students studying and working in the Czech Republic gathered at a science research workshop held at Charles University in Prague on January 4.
The Vietnamese Embassy in the Czech Republic and the Bamboo Airways held a roadshow in Prague on January 15 to introduce Vietnam’s tourism potential and provide information about a direct air route linking the two countries.
Vietnamese Ambassador to the Czech Republic Ho Minh Tuan highlighted milestones in Vietnam – Czech Republic ties during an interview recently granted to the Vietnam News Agency, on the occasion of the 70th anniversary of diplomatic ties (February 2).
The Chamber of Deputies (Lower House) of the Parliament of the Czech Republic has passed a resolution supporting some international agreements, including the EU-Vietnam Investment Protection Agreement (EVIPA), according to public broadcaster Česká Televise.
The recent ratification of the EU-Vietnam Free Trade Agreement (EVFTA) by the European Parliament (EP) is a major success after more than nine years of negotiations, according to David Jarkulisch, an economic diplomat from the Czech Republic.
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.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
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
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
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.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
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.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
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.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.