On October 6, 2021, Vietnam’s government issued Decision No. 29/2021/QD-Ttg (Decision 29) on Special Investment Incentives to facilitate more high-tech investments into the country. Decision 29, an implementing regulation of the 2020 Law on Investment (LOI), provides the requirements and applicable incentives for eligible investment projects. The LOI was passed in June 2020 which repeals the 2014 LOI and aims to further attract foreign investment. The new LOI opens up new business sectors that are eligible for investment incentives, such as for the manufacture of medical equipment, the establishment of innovative start-up projects, and the incorporation of research and development centers (R&D), among others. In addition, LOI 2020 has removed 22 sectors from the ‘conditional list’ — sectors in which investors are subject to specific conditions before being permitted to invest. What incentive schemes are available under Decision 29? Decision 29 provides three investment scheme ... » Learn More about Vietnam Issues Decision 29 on Special Investment Incentives
Vietnam environmental issues
Now it can be told that former Eraserheads front man Ely Buendia was only “half-joking,” as he himself clarified, when asked about a possible reunion with his bandmates, he tweeted: “’Pag tumakbo si Leni.” The tweet, seemingly in support of the presidential run of Vice President Leni Robredo, immediately garnered almost 70,000 likes. Unlike other musicians who keep dishing out the same repertoire from their glory days, Buendia is one serious musician who’d rather not live in the past. We only need to open our preferred music streaming service to know that he has certainly moved on after his old band disbanded. To the disappointment of many Eheads fans, Buendia also revealed early this year that he and his former bandmates “were never close. We were never friends.” Had the reunion pushed through, however, the members of the iconic Pinoy rock band could not have asked for a better cause and a more apt timing. (In a succeeding press conference, Buendia said of Robredo: “If I were to ... » Learn More about ‘’Pag tumakbo si Leni’
It's finally a long weekend thanks to Vesak Day on Sunday, May 19, 2019. And on this day, traditional rituals with good intent are carried out. However, some traditional rituals also come with unintended negative impacts on the environment. A big thing for Buddhists For those of you who treat Vesak Day like any other public holiday, here's a short introduction into the significance behind this day. Vesak Day occurs on the day of full moon in the fourth month of the Chinese Lunar calendar, usually in May. It is the most significant day celebrated by Buddhists to commemorate the birth, enlightenment and death of Buddha. On this day, the Buddhist devotees will congregate at temples at dawn, sing hymns to celebrate Buddha, his teachings and his disciples, while monks in saffron robes chant sutras. They will also bring their own offerings of flowers, candles and incense to the temples as well. Buddhists believe that good deeds performed on Vesak Day will get ... » Learn More about Releasing animals for Vesak Day is not entirely a good deed. Here’s why.