Wednesday , November 27 2024

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Covid curbs bite at Chinese ports, threatening global supply chains

Covid curbs bite at Chinese ports, threatening global supply chains

The queues of container ships outside major Chinese ports are lengthening by the day as Covid-19 outbreaks in manufacturing export hubs threaten to unleash a fresh wave of global supply chain shocks, ship owners, logistics firms and analysts say. China is experiencing its biggest spike in Covid-19 infections since an …

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Vietnam taxed tech giants $218 mln in four years: minister

Vietnam taxed tech giants $218 mln in four years: minister

Vietnam taxed cross-border platforms like Google and Facebook some VND5 trillion ($218.53 million) in 2008-2021, Finance Minister Ho Duc Phoc informed lawmakers Wednesday. During the four-year period, Facebook was taxed VND1.69 trillion, Google, VND1.62 trillion, and Microsoft, VND577 billion, Phoc said. Last year, Vietnam earned VND1.32 trillion from taxing cross-border …

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