Cutting red tape in APA approvals to speed up tax negotiations
The change in APA approval authority is expected to shorten processing time and enhance business proactiveness in international tax negotiations.
Prime Minister Nguyễn Xuân Phúc (R) receives Eric Schmidt, Executive Chairman of the US’s Alphabet Inc, Google’s parent company, in Hà Nội yesterday.
Prime Minister Nguyen Xuan Phuc suggested tech giant Google open an official representative office in Việt Nam to handle any issues that may arise while receiving Eric Schmidt, Executive Chairman of the US’s Alphabet Inc, Google’s parent company, in Ha Noi yesterday.
He welcomed the Alphabet Executive Chairman’s visit, saying Google is doing well in Việt Nam with many of its products popular among Vietnamese people and businesses.
The PM affirmed the policy of the Vietnamese Government to make it easy for foreign businesses to invest and do business successfully in the country.
"The two countries have huge potential for cooperation, and the upcoming official visit to the US by a high-ranking Vietnamese governmental delegation will seek to step up economic, trade and investment ties for mutual benefit," the Government leader said.
He asked Google to work closely with the Vietnamese side to tackle incorrect and damaging information posted online, that violated Vietnamese law.
He spoke highly of Google’s assistance to the Viet Nam Farmers’ Association to help improve digital literacy for thousands of farmers.
Alphabet’s Executive Chairman Eric Schmidt affirmed his company’s support for cooperation between Viet Nam and the US.
He said he was impressed with Vietnamese people using YouTube for educational purpose, noting that Viet Nam ranks second globally in using the website.
He said he just attended the inaugural ceremony of the Google-sponsored project to train Vietnamese farmers to access digital resources. The project will enable those living in remote and rural areas to use information to serve their daily life and work.
Eric Schmidt said his company would work closely with Viet Nam to remove information that infringes upon Vietnamese law and would study the possibility of opening a representative office in the country.
The change in APA approval authority is expected to shorten processing time and enhance business proactiveness in international tax negotiations.
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