• THE MOUTHPIECE OF THE VIETNAM ASSOCIATION OF SMALL AND MEDIUM ENTERPRISES

Ho Chi Minh City-Saint Petersburg Business Forum: Facilitate economic cooperation between Vietnam and Russia

The Vietnamese Embassy in Russia recently coordinated with the city government in Ho Chi Minh City. The purpose of the Saint Petersburg-Ho Chi Minh City Business Forum is to foster trade and economic cooperation between the two cities and is organize

In Vietnam, M&A capital inflows surged as a result of forecasts of declining USD interest rates and the "dominance" of foreign investors.

Mr. Warrick Cleine, Chairman and General Director of KPMG in Vietnam and Cambodia, asserts that investors and the market are closely observing the Federal Reserve's actions regarding imminent USD interest rate decisions.

FDI enterprises will provide Vietnam with leverage to engage in a substantial portion of the global value chain.

On December 5, the speakers at the conference "Linking Vietnamese Businesses and FDI Enterprises to Participate Deeply in the Global Value Chain" shared this sentiment.

Foreign workers contribute to economic growth and enhance the nation's reputation for exemplary values.

The substantial emigration of Vietnamese professionals, trainees, interns, and experts has resulted in the Vietnamese diaspora expanding from 5.3 million in 2021 to 6 million in 2023.

Vietnam recognises the value of its cultural heritage and resource potential.

The "World's Leading Heritage Destination 2023" accolade was bestowed upon Vietnam at the awards ceremony, surpassing numerous formidable contenders such as Egypt, Greece, Japan, the United Arab Emirates, Brazil, and Armenia.

Recent months have witnessed a precipitous decline in manufacturing sector business conditions.

The report indicates that there was a decline in the volume of new orders received from Vietnamese manufacturers in November, which marked the conclusion of three months of growth.

The estimated economic growth rate for Lao Cai is 5.11%.

Lao Cai's service sector emerges as a prominent driver of economic growth, attaining 11.07% in the fourth quarter and 9.27% for the entire year. This exemplifies the strength and diversity of service-oriented endeavours in the area.

In terms of FDI attraction, Quang Ninh is first in the nation, attracting nearly USD 3.11 billion.

Based on data provided by the Foreign Investment Department (Ministry of Planning and Investment), Quang Ninh maintains its leading position with a cumulative recorded investment capital of approximately 3.11 billion USD after eleven months of 2023.

Hanoi will be a leader in the completion of electronic health books for 10 million individuals by 2024.

Nguyen Viet Hung, director of the Hanoi Department of Information and Communications, stated that Hanoi is a pioneer in the effort to distribute electronic health books to all residents and workers in the region (approximately 10 million individuals)

Vietnamese companies have the opportunity to participate in the "Vietnam National Pavilion" on Alibaba.

The Vietnam National Pavilion aims to assist Vietnamese enterprises in establishing their brand identities and promoting their products; facilitate business connection activities; and increase international customers' awareness of Vietnamese goods

Thailand and Indonesia dominate the Vietnamese market for imported automobiles.

The majority of automobiles imported into Vietnam during the month were manufactured in Thailand and Indonesia, totaling 7,147 units or 87% of the total number of automobiles with nine seats or fewer imported into Vietnam that month.

Based on data from the General Statistics Office, the gross regional product (GRDP) growth rates of five provinces and cities are the highest in the nation this year. Bac Giang has the highest at 13.45%, followed by Hau Giang at 27%, Quang Ninh at 11

At Vinpearl Golf Nha Trang, the 60 legendary figures from the world of golf who will be competing in the Vinpearl DIC Legends Vietnam 2023 are expected to revolutionize the golfing experience.

Five Vietnamese regions that will lead the GRDP in 2023

On the contrary to Bac Ninh, a prominent industrial hub in the northern region, a considerable number of provinces and cities experienced substantial economic expansion, outperforming the performance of the previous year.

Phu Tho: Promoting the Safety of Food Consumption and Production

Sustainable food quality and safety management can be achieved through the establishment and development of food chains in agriculture, forestry, and fisheries, with the ultimate aim of promoting safe food production and consumption.

A cooperation agreement was established between the Lao Cai Customs Department and the Lao Cai Provincial Business Association.

During the 2023 Customs-Business Dialogue Conference, a cooperation agreement was signed between the Lao Cai Provincial Business Association and the Lao Cai Customs Department, as represented by their respective leaders.

Korea and Vietnam strengthened their partnership in the realm of defence trade.

Cooperation in the implementation of the Vietnam-Korea Free Trade Agreement (VKFTA) is deemed to have made positive strides in the context of the agreement's robust implementation.

The alcoholic beverage sector encountered challenges due to a decline in market share and operational realignments by companies.

Revenues and market share will decline in 2023 as a result of decreased demand for alcoholic beverages, escalating costs of raw materials, and intense competition. Numerous companies have been compelled to substitute products, decrease prices

The Vietnamese real estate brokerage industry: Confronting obstacles and capitalising on prospects

Partners, corporations, and investors are engaging in an increasingly fierce competition on the Vietnamese real estate market. As a result of numerous innovative business models and new initiatives, the market is becoming more alluring.

Vietnam's textile and garment export market has experienced unprecedented growth, according to VITAS.

Mr. Vu Duc Giang, Chairman of Vitas, stated that Vietnam has exported garments and textiles to 104 countries and territories, more than at any other time of year.

Many breakthrough policies are needed to open up capital flows to the real estate sector

Experts assert that real estate serves as the economic pillar. Because real estate is a very sizable market that is intricately intertwined with significant market industries.