Branches of enterprises are allowed to pay social insurance at parent company

Branches of enterprises are allowed to pay social insurance at parent company

This is a remarkable new content in Decision No. 888 / QD-BHXH amending the process of collecting social insurance, health insurance, UI together with Decision No. 595 / QD-BHXH dated 14/4/2017.

Accordingly, the new decision allows the branch of the enterprise to choose the social insurance in the area where the branch or the parent company.

Old regulations promulgated in Decision No. 595 / QD-BHXH only allow branches of enterprises operating in the area to pay social insurance in that area.

 

Startup – Journey without roses

Startup – Journey without roses

In Vietnam, the number of investment funds is not much, and investors often expect startup to develop a certain level of capital to limit the risk. So, you have to own the idea of ​​a potential or have to prepare a capital to maintain activities until the product itself makes money. Remember, all your ideas, creativity, differences, must be human, quality and value as the focus. Thorough preparation from the start is never in vain. It will be a pity if your startup path stops because there are no resources.

Lack of experience will make the journey more difficult. Successful entrepreneurs, however, encourage young people to spend three to five years working in companies and corporations to learn expertise, soft skills and capture the market before taking on the issue. to avoid getting into the tracks of the previous one.

http://cafef.vn/startup-hanh-trinh-khong-trai-hoa-hong-20180725113528538.chn

Coca-Cola, Pepsi, Metro and “bigot” strategies of FDI giants

Coca-Cola, Pepsi, Metro and “bigot” strategies of FDI giants

With the policy of opening up investment to encourage and attract investment, in recent years, the amount of foreign direct investment (FDI) poured into Vietnam has increased, contributing significantly to economic development. the society of our country. In particular, multinationals always account for a significant proportion.

According to statistics from the Ministry of Planning and Investment, the FDI sector has become an important part of the Vietnamese economy, contributing about 20% of GDP, about 45% of output. industry and a quarter of the total annual social investment.

In a recent State Audit workshop on transfer pricing, MSc. Tran Khanh Hoa, Director General of the State Audit Department, once shared the identification and implementation of solutions to deal with transfer pricing in Vietnam began to be considered in early 2010 and became a hot issue. in the public opinion from around 2012. Through the transfer pricing of the FDI enterprises such as Cocacola, PepsiCo, Metro supermarket system, BigC … with the specific signs such as: regularly reported losses for many years but still To further expand the scale of production and business; The rate of return on sales is negligible; The contribution to the state budget is low, while the total investment and the investment budget are quite high.

To clarify these assumptions, MSc. Tran Khanh Hoa continued to point out signs of transfer when the company has the following symptoms: Loss over 3 years or negative equity but still operating and increasing revenue, increasing the size of the enterprise; There are insignificant business results, but there is always financial support from loans of affiliated companies, parent companies or other parties contributing capital or investing; Companies with only one or few customers for many years continuously sell their products only at the cost of production; The same goods and services in the enterprise but the selling price of the domestic market is higher than the export price; The Company has receivables, payable for many years without payment but there are still arising transactions; Origin of goods with participation from three different countries.

http://vietnamnet.vn/vn/kinh-doanh/tai-chinh/cocacola-pepsi-metro-va-chien-luoc-bao-lo-cua-cac-dai-gia-fdi-466882.html

(Tiếng Việt) Gần 6.000 nhân viên taxi Mai Linh nghỉ việc

(Tiếng Việt) Gần 6.000 nhân viên taxi Mai Linh nghỉ việc

Nearly 6,000 Mai Linh taxi employees resign In particular, in the first 6 months, net sales of Mai Linh decreased more than 5% of the same period, only nearly 1.722 billion. However, selling and administrative expenses continued to increase, causing the Group to record a net loss of more than 47.5 billion dong, almost double the first half of 2016.

Besides the picture is not very bright about the results of business in the first 6 months, the unit said that nearly 6 thousand employees have been fired since the beginning of the year, only about 24 thousand people. The decline was not only because of the company’s ineffectiveness but also because many drivers chose to work for Uber, Grab. Mai Linh has posted more than 2,600 employees, including recruiting taxi drivers 2,500 people.

http://www.tinmoi.vn/gan-6000-nhan-vien-taxi-mai-linh-nghi-viec-011462426.html

Programmers can earn $ 1,300 a month but still want to jump.

Programmers can earn $ 1,300 a month but still want to jump.

The recommended salary for experienced programmers is $ 1,300 and the pay rise in 2018 is 15% -25%. But that is not all the most interesting statistics about IT in Vietnam.

Considering their current salary level, only 13% of programmers expressed satisfaction. While the percentage of dissatisfied persons was more than three times as high as 40%. There are many reasons cited for explaining unearned wages. And this attitude also affects the results of work as well as the level of loyalty to the company.

Most programmers try to learn more languages ​​to develop their career. Programmers often improve their knowledge from online courses, actively update news and participate in technology events. While few indicate the option to take short-term training courses to improve capacity. While IT degrees are not as important as real capacity, special certifications such as Agile processes, project management skills, etc. will have a huge advantage in finding a job. Based on practical needs, English and Japanese are being developed by many programmers.

https://snews.vn/lap-trinh-vien-co-the-kiem-1-300-usd-thang-nhung-van-muon-nhay-viec/

VN currency suffers from US-China trade war

VN currency suffers from US-China trade war

Ha Noi – The Government will have to decide either to devalue the Vietnamese dong further against the US dollar to support exports and avoid cheaper Chinese goods to flood in the local market, or keep the dollar/VND exchange rate stable to avoid increased public debt and control inflation as the US-China trade war accelerates. As the trade war escalates, China has weakened its currency to boost exports, making its goods even cheaper in Viet Nam.

Viet Nam should develop a policy to devalue the VND against the dollar at a moderate level to import cheap raw materials to improve the production status in the context of the US-China trade war and the devaluation of the yuan.

http://vietnamnews.vn/economy/462369/vn-currency-suffers-from-us-china-trade-war.html#wfEvUDcSDxMSSZbQ.99