
On October 5, 2020, Viglacera Corporation held a briefing meeting to evaluate business results in September, the third quarter, the first 9 months of the year and implemented the tasks of production and business plans for the last 3 months of 2020. After the first 9 months of the year, Viglacera has recorded that the parent company’s profit target was achieved and exceeded the plan.
Deputy General Director Nguyen Anh Tuan reports on the assessment of business results in September 2020 and deployment of production and business tasks in October 2020.
According to the evaluation report, the business performance in September reached 111% of the monthly plan in terms of the pre-tax profit of the corporation, the third quarter obtained 100% of the quarterly plan, growing up 49% compared to that in the first quarter and 80% compared to the plan of the second quarter. The achievement of the real estate sector in industrial parks shows the right direction of the Corporation.
Based on the achieved results in the third quarter and the first 9 months of 2020, Viglacera sets a target plan for the last 3 months of the year. Associating closely with the production and business plan of 2020, the Corporation has assigned particular tasks to each unit to sign a commitment to fulfill key targets such as profitability, debt reduction and inventory. In 2020, the Corporation will surely complete and exceed the profit target which was assigned by the General Meeting of Shareholders.
The Prime Minister has just signed Decree 111/2020 / ND-CP on Vietnam’s Preferential Export Tariff and Special Preferential Import Tariff to implement the Free Trade Agreement between the Socialist Republic of Vietnam and the European Union (EVFTA) for the period 2020-2022.
Preferential export tax rates specified in Appendix I issued together with Decree 111/2020 / ND-CP include product code, description of goods, and preferential export tax rates according to stages when exporting to territories under the EVFTA Agreement, including: member territories of the European Union; United Kingdom of Great Britain and Northern Ireland for each code.
The Decree specifies conditions for applying the preferential export tax rates under the EVFTA Agreement.
Accordingly, goods exported from Vietnam to be eligible for preferential export tax rates must satisfy the following conditions:
Be allowed to import into the territories under the EVFTA Agreement, including: member territories of the European Union, United Kingdom of Great Britain and Northern Ireland.
Have a transport document (copy) showing the destinations which are the territories specified in (a) above.
Having the import customs declaration of the export consignment of Vietnamese origin to be imported into the above-mentioned territories (copy of English or Vietnamese translation in case the language used on the declaration is not in English).
The Decree details Vietnam’s special preferential import tariff schedule to implement EVFTA in Appendix II of this Decree, including: product code, description of goods, import tax rate special offers in stages for the imported from the member territories of the European Union; United Kingdom of Great Britain and Northern Ireland; The Principality of Ando; The Republic of San Marino the Socialist Republic of Vietnam (the imported goods from non-tariff zones to the domestic market) for each product code.
Imported goods eligible for special preferential import tax rates under the EVFTA Agreement must meet the following conditions:
Belonging to the Special Preferential Import Tariff specified in Appendix II to this Decree.
Be imported into Vietnam from: member territories of the European Union specified in Appendix III to this Decree; United Kingdom of Great Britain and Northern Ireland; The Principality of Ando; Republic of San Marino; and the Socialist Republic of Vietnam (Goods imported from non-tariff zones to the domestic market).
Meet the requirements of origin of goods and have proof of origin in accordance with the provisions of the EVFTA Agreement.
Decree No. 111/2020 / ND-CP takes effect from September 18, 2020.
For customs declarations of exported and imported goods registered from August 1, 2020 to before September 18, 2020, if all requirements are met to enjoy preferential export tax rates, Vietnam’s preferential imports under Decree No. 111 and for which higher tax rates have been paid, shall be handled by the customs office for the overpaid tax.
Source: Financial Times
By September 21, the Government allowed to reopen 7 international routes including: Vietnam – Taiwan, Vietnam – Guangzhou (China); Vietnam – Japan; Vietnam – Korea; Vietnam – Cambodia; Vietnam – Laos, Vietnam – Thailand. Passengers on commercial flights to Vietnam need to have a negative nCoV test, then quarantine and continue a PCR testing.
People are allowed to enter: Diplomats, experts, foreign businesses, international students, Vietnamese
Things to note before boarding:
Test negative in your home country for 3-5 days
Have visa entry, a place of stay
Check your body temperature
Install electronic declaration application
Transiting guests sitting in a private area
Foreigners must purchase international health insurance
Notes after getting off the plane:
Long-term entry:
PCR test 2 times / 6 days – cost 734,000 VND / time
Centralized isolation
If the result is negative for the second time, the person will be self – isolated
Short entry (less than 14 days)
Test for PCR every 2 days
o Quarantine location:
The diplomats will be stayed on quarantine at the Official House.
Foreign experts and enterprises are isolated at the Factory
The Vietnamese will be in army locations (cost 120,000 VND / day)
Alternatively, you can opt for hotel isolation (cost determined by the establishment).
Source: vnexpress
On September 5, 2020, on the occasion of the opening new school year, the Party Committee of Viglacera Corporation – JSC together with the Fatherland Front Committee and Cau Giay District Labor Federation visited and presented gifts at the village of Birla children – The place is nurturing nearly 100 children with special circumstances of Hanoi City.
In order to contribute to the cause of protecting, caring for and educating children, pioneering in humanitarian missions, Mr. Nguyen Quy Tuan – Deputy Secretary of the Party Committee, Chairman of Viglacera Corporation Trade Union graciously encouraged children and donated 5 sets of computers in the time of the Covid 19 epidemic, supporting them to study online during the period.
Mr. Nguyen Quy Tuan – Deputy Secretary of Party Committee, Chairman of Viglacera Corporation Trade Union presented gifts to Birla Children’s Village in Hanoi
The donated computers will be helping children as useful tools as well as essential foundation to learn, improve knowledge and working skills in the future.