Microsoft to pay China $140 million for 'tax evasion'

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Báo Tuổi Trẻ English 3 day(s) ago

Microsoft to pay China $140 million for 'tax evasion'

China has levied about $140 million in back taxes from Microsoft Corp in the first major case concerning cross-border tax evasion in the country, as regulators ramp up pressure on U.S. corporations doing business there.

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China’s PBOC cuts interest rates for first time since 2012

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Báo Thanh Niên English 1 week(s) ago

China’s PBOC cuts interest rates for first time since 2012

China cut benchmark interest rates for the first time since July 2012 as leaders step up support for the world’s second-largest economy, sending global shares, oil and metals prices higher.

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China slowdown deepens as targeted stimulus fails

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Báo Thanh Niên English 1 week(s) ago

China slowdown deepens as targeted stimulus fails

Credit growth in China weakened last month, adding to signs that the world’s second-largest economy slowed further this quarter and testing policy makers’ determination to avoid broader stimulus measures.

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China Communist Party's anti-graft watchdog finds gold, cash in official's home

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Báo Thanh Niên English 2 week(s) ago

China's anti-graft watchdog has discovered 37 kg (82 lbs) of gold, documents for 68 houses and 120 million yuan ($19.6 million) in cash in the home of a Communist Party official who is being investigated for corruption, state media said.

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Alibaba reports record $9 bln Singles' Day sales

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Báo Tuổi Trẻ English 2 week(s) ago

Alibaba reports record $9 bln Singles' Day sales

E-commerce giant Alibaba Group Holding Ltd reported more than $9 billion in sales on China's Singles' Day on Tuesday, illustrating the buying power of the Chinese consumer and the importance of the event in the retail calendar.

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China, Malaysia to set up clearing bank for Yuan-Ringgit

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VietnamPlus English 2 week(s) ago 2 related news

China and Malaysia signed a deal to establish a Yuan-Ringgit clearing bank based in Kuala Lumpur.

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Canada, China ink US$2.2b in China deals: Harper

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Báo Đầu Tư English 2 week(s) ago

Canada, China ink US$2.2b in China deals: Harper

Canadian Prime Minister Stephen Harper said he had signed deals with China worth US$2.2 billion in a trip overshadowed by Beijing's detention of two Canadians accused of espionage.

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Vietnam police nab 41 Chinese, Taiwanese for swindling $360,000

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Báo Tuổi Trẻ English 3 week(s) ago 1 related news

Vietnam police nab 41 Chinese, Taiwanese for swindling $360,000

Police in the northern city of Hai Phong on Tuesday arrested 41 Chinese and Taiwanese and three Vietnamese people for using hi-tech telecom equipment to swindle people in China of at least 2.2 million yuan, or US$360,000.

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China seizes record $33 million in cash from official’s home

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Báo Thanh Niên English 1 month(s) ago

China seizes record $33 million in cash from official’s home

Chinese prosecutors said they seized a record 200 million yuan ($33 million) in cash from the home of a former energy official accused of taking bribes.

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Police seize major drug hauls in northern provinces

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Báo Thanh Niên English 1 month(s) ago 1 related news

Police seize major drug hauls in northern provinces

Nam Dinh police arrested a 44-year-old local woman accused of smuggling about four kilograms of drugs into the northern province from the north-western highlands.

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Weapon trafficking ring busted in Quang Ninh

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VOV News English 1 month(s) ago 3 related news

Weapon trafficking ring busted in Quang Ninh

(VOV) -Police in the northern province of Quang Ninh have arrested two men for illegally transporting more than 20 cakes of heroin, 8 guns and nearly 200 bullets.

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Vietnam police arrest 6 for selling 147 women to China

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Báo Tuổi Trẻ English 1 month(s) ago

Vietnam police arrest 6 for selling 147 women to China

Vietnamese police have broken up a six-member ring that sold 147 Vietnamese women to China as future wives for men there for up to $13,080 per woman.

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Dong Nai firms recovered quickly after riots

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VietNam News English 1 month(s) ago

Most enterprises in southern Dong Nai Province affected by the May riots sparked by China's placing its oil rig in the East Sea were able to resume business within a few weeks, and some expanded operations.

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Apple looks for big screen boost as iPhone 6 hits China

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Báo Thanh Niên English 1 month(s) ago 5 related news

Apple looks for big screen boost as iPhone 6 hits China

Apple Inc.’s large screen iPhone 6 Plus is finally available in the world’s biggest smartphone market and Chinese consumers don’t have to resort to smugglers.

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Fake invoice doubts revived as China trade skyrockets

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Báo Thanh Niên English 1 month(s) ago

Fake invoice doubts revived as China trade skyrockets

Hong Kong unexpectedly overtook the U.S. in September as the top destination for Chinese shipments. Not everyone is convinced those flows were genuine.

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