During his visit to Vietnam, Simon McDonald, Permanent Under Secretary of the Foreign and Commonwealth Office of the UK, held an exclusive discussion with Tuoi Tre News on the two countries’ cooperative efforts in the context of Brexit, the nickname given to Britain leaving the European Union. The top British diplomat emphasized that Brexit has opened the UK’s doors to the world and created an opportunity for an enhanced Vietnam – UK relationship. The conversation below has been edited for cohesion, clarity, and concision. The CPTPP interest We’ve heard that London has shown “real interest” in the TPP and may want to join this pact after Brexit. Does the United Kingdom see the Trans-Pacific Partnership (TPP), now the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), as a real opportunity? The United Kingdom has to reconsider its trade connections around the whole world. For the last 45 years our main focus has … [Read more...] about Brexit an opportunity for Vietnam – UK relation: British diplomat
U s asean business council
Bahrain vows to attract Vietnamese businesses with tax exemption
Bahrain is willing to offer multiple tax exemptions to have more Vietnamese enterprises invest and do business in the Middle East country, a top official said in Ho Chi Minh City on Monday. Sheikh Duaij bin Isa Al-Khalifa, chairman of the ASEAN Bahrain Business Council (ABC), made the commitment as he led a delegation to attend a networking session, meant to boost business activities between Vietnam and Bahrain, in the southern metropolis. Vietnamese businesses could enjoy zero corporate and personal income taxes, export duties on raw materials and machinery, and other tariffs if they invest in Bahrain, Al-Khalifa underlined. As the financial center of the Persian Gulf region, Bahrain is home to more than 300 major banks and financial institutions around the world. The country is also one of the world’s top destinations for banking, aviation and education investment. Bahrain will serve as a gateway for enterprises to connect with the Middle East and North Africa markets and such … [Read more...] about Bahrain vows to attract Vietnamese businesses with tax exemption