According to Minister Tran Tuan Anh of the Ministry of Industry and Trade, last year, export turnover of Vietnam to the EU reached US$41.48 billion and imports from the EU touched $14.91 billion. Therefore, the agreement will help the country to promote export, diversify markets, and gain higher value-added via setting up new value chains. Amid the context that the political situation and the global and regional security have been changing rapidly and happening complicatedly, the EVFTA will help Vietnam to improve its internal capacity to cope with difficulties, at the same time, strengthen its position to implement its independent, autonomous foreign policy, multilateralization, diversification, along with fortifying and intensifying national defense and security. The EVFTA is an opportunity for Vietnam to increase market share in the European market and the condition for the country to improve competitiveness. Accordingly, 85 percent of tax lines of Vietnam will be reduced to zero … [Read more...] about Vietnamese products to no longer rely on one market
Increase market share definition
Three of the Big Four global accounting firms may have moved to ban consulting for their audit clients in the UK in order to address conflict-of-interest concerns, but the historic move may not help revive the flagging fortunes of the larger audit markets plagued by poor quality and lack of competition, experts say.Last month, PwC and EY decided against offering advisory or consulting services near future to their audit customers in the UK following a similar move by KPMG announced last November. The largest among them, Deloitte, is also said to be watching this step closely even as it awaits more clarity from the UK regulators.These announcements come on the backdrop of tremendous pressure on the auditing giants from British lawmakers for having failed to flag off recent accounting misdemeanours including the one at the government construction contractor Carillion in January 2018.The British government has upped the ante against the Big Four and conducted independent reviews last year … [Read more...] about Would the historic consulting ban help revive the fortunes of audit markets?
“These are dogs that live with us all the time, so you have to find a dog that you get along with,” says Ajoux, who wasn’t in the market for a new puppy when an enthusiastic breeder insisted (correctly) that Fame was her type of dog. “Their personality, if it matches well with yours, that’s the winning team. Because you could have the best dog in the world, but if you’re not in sync with that particular dog, it never works. It’s so simple: you have to really like your dog and they have to like you.” … [Read more...] about The queens of agility: America’s most famous canine athletes race for glory
But something is definitely happening. Johnson has already set great store by a 50p an hour rise in the minimum wage that will increase some people’s earnings by nearly £1,000 a year. The government is reportedly planning to spend around £100bn over the next five years on infrastructure projects. There is talk of rewriting Treasury spending rules to decisively tilt public investment away from London and the south-east, and the “northern powerhouse” is suddenly back in vogue. And, jangling the nerves of Tory free marketeers, Johnson now talks about Brexit giving Britain the chance to bin EU rules about state aid, thereby allowing government to help troubled companies. … [Read more...] about The Tories now face a dilemma: change, or lose their new voters
In February, Phillips Anyang Ngong, a human rights lawyer, sued South Sudan’s Ministry of Petroleum, Greater Pioneer Operating Company and Nile Petroleum -- the country’s state owned oil company, claiming the oil pollution caused health problems and loss of life and demanding $500 million for victims. It’s the first human rights lawsuit due to oil pollution filed in the country, he said. … [Read more...] about South Sudan ignores reports on oil pollution, birth defects