1:The country’s name was originally spelled as two words, Viet Nam.
2: The world’s largest cave, Son Doong, is in Vietnam.
3: Vietnam’s flag consists of a golden star with a red background. The five points to represent farmers, intellectuals, workers, youth and soldiers and the red background pays tribute to the bloodshed during the wars.
4: Their cuisine incorporates the five Asian elements; spicy, bitter, sour, salty and sweet.
5: The highest mountain peak in the region is Fansipan, known as The Roof of Indochina.
6:Traditional Vietnamese culture revolves around the values of humanity, community, harmony and family.
7:Rice terraces are planted that way to enable the crop to grow along the steep mountainsides.
If approved, the new rate would apply from 1 January 2019. In addition, there would be a further potential rise to 14% in 2021 according to the proposal.
Final decision will be updated by GBS
The country's strong points are:
- Positive economic prospects in terms of growth, despite the global crisis;
- A young, cheap, rapidly growing and more and more technologically qualified manpower;
- A certain social-political stability;
- A government committed to liberalising the economy and to introducing reforms based on the free market.
Sekisui Chemical from Japan in early July signed a comprehensive cooperation agreement with Vietnam’s Thieu Nien Tien Phong Plastics. With a 25.3 percent stake, Sekisui will have a representative on the board of the directors of the company.