High tech business decisions

Mai Son, head of Hanoi Taxation Department, said e-business has strongly developed in Vietnam and worldwide. In 2020, Hanoi collected VND123bn (USD5.3m) in taxes, five times higher than the collected taxes in 2019. Most of the taxpayers are individuals, he said. A woman from Cau Giay District paid VND23.4bn (USD1m) after earning VND330bn last year from writing and published her apps on Google Play and App Store. Another man paid over VND18bn from his VND260bn income also from writing mobile apps. According to the Hanoi Taxation Department, another person paid over VND7bn in taxes from his online business via YouTube and Google. In 2021, the department will continue to review and analyse the data over the current online businesses in Vietnam. They will collaborate with the banks and trading floors to ask the business owners to pay taxes. Violators will be fined in accordance with the regulations. People who refused to obey the inspection decision and punishment may be prosecuted. … [Read more...] about More taxes collected from online businesses

There are many reasons behind this situation, including easier access to investment, simpler investment procedures, and plenty of incentives for startups in Singapore. Notwithstanding, most startups opting to incorporate themselves outside Vietnam is losing the country sizeable sums of money in the future, and reflects the local investment climate has not been favourable for local startups. … [Read more...] about Making startups register business in Vietnam discussed at TECHFEST 2020

While they have suffered from the pandemic and the shift to online shopping, the real reasons they have been brought low are greed and grotesque mismanagement. The inexorable laws of capitalism mean that, sooner or later, these sins will be punished: and so it has proved. So although their demise will be a bitter blow, it does not sound a death knell for the High Street as a whole. … [Read more...] about RUTH SUNDERLAND: Covid-19 didn’t kill the High Street giants. It was grotesque greed

Allan Miller runs AM Shellfish from Aberdeen, Scotland, another hub of Britain’s fish industry. He said delivery times of live brown crab, lobster and prawns to Europe had doubled, meaning lower prices, while some of the product does not survive the increased journey time.   … [Read more...] about Brexit Bites for British Businesses as Border Delays Slow Trade

This attitude, where the little things like well-being are sacrificed to the breakneck pace of the institution, is ever present. Students know this, and they respond. Jake Dow ’19 describes “what is considered a classic Stanford person” as someone who is “dispositionally lighthearted but very professionally and academically ruthless.” On a campus in Silicon Valley full of such people, “the network effect generates a lot of corruption,” says Jonathon Yu ’17. “But the network effect is also precisely what creates the engine of growth.” Even someone like Zavain Dar ’10 M.S. CS ’12, who is a VC at Lux Capital and might therefore be expected to be all in, actually seemed a bit wistful about the situation, cautioning that “students being allowed to be students” was being “overshadowed” by start-up culture. … [Read more...] about If Not Snapchat, What? A Guide to Stanford’s Non-Tech Fiefdoms