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Vietnam, Singapore trade grows 20 percent

Vietnam-Singapore trade hit 15.6 billion USD (20.4 billion SGD) in 2014, a 20.3 percent surge from 2013, according to the Singapore Department of Statistics.
Vietnam-Singapore tradehit 15.6 billion USD (20.4 billion SGD) in 2014, a 20.3 percent surgefrom 2013, according to the Singapore Department of Statistics.

Vietnam shipped its partner around 3.1 billion USD (4.05 billion SGD)worth of commodities, up 22.4 percent. Primary exports includetelephones and electronics goods and components, which brought home 987million USD (1.32 billion SGD) last year. Other key export productsinclude minerals, coffee, tea, footwear, machines and crude oil.

Singapore’s export to Vietnam also rose significantly, up 20.1 percentto 12.75 billion USD (16.34 billion SGD) last year. Domestic productscomprised 5.46 billion USD (7.3 billion SGD), up 18.7 percent, with theremaining exports consisting of the sale of re-exports, up 21.2 percent.

Singapore mainly ships telephones, electronics goods andcomponents, petroleum, plastic and plastic products, books, and photosto Vietnam.-VNA

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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)

Maximum fine of 3,000ꦓ USD proposed for violating invoice regulations

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)

Sun PhuQuoc Airways enters strategic partner﷽ship with Amadeus to build a five-star aviat🌃ion technology ecosystem

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.
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