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

Sustainable investment in the circular economy for businesses and startups

Ms. Nguyen Phuong Linh, Director of the Institute for Sustainable Development Management. (MSD) emphasized that the circular economy is not a "soon to bloom" trend, but will become a methodical investment orientation of both large corporations.

Completing the preparations for the subsequent auction of 4G and 5G frequencies

When the Law on Radio Frequency goes into effect, operators who want to provide customers with good frequency bands will be required to participate in an open and transparent auction.

Seafood businesses propose a 0.5% reduction in unemployment insurance contributions

Fishery businesses have proposed reducing the unemployment insurance premium from 1% to 0.5% by the end of 2023; however, Vietnam Social Insurance has stated that this reduction is subject to the National Assembly's decision. festival...

The number of real estate companies that dissolved increased by 30.4% compared to the same period last year.

In the information report on the housing and real estate market for the second quarter of 2023, released on August 2, the Ministry of Construction announced the activities of real estate-related businesses.

In seven months, Hanoi attracts 2.28 billion US dollars in FDI.

In July 2023, according to the Hanoi Statistics Office, Ho Chi Minh City. Hanoi has 37 new FDI projects with a total registered capital of USD 22,2 million.

Due to a lack of orders, businesses operate at a subpar level.

Even though it's been more than a month since the start of the third quarter, many businesses in Ho Chi Minh City have reported modest export orders, and factory production has remained steady.

Note that Vietnamese and Canadian furniture will receive preferential treatment under CPTPP.

The Vietnam Trade Office in Canada has taken note of the regulations and specifications that imported furniture products must meet to maintain consumer satisfaction and confidence.

When the market is tight, the leather, footwear, and textile industries must adopt a new strategy.

According to the Ministry of Industry and Trade, the textile and garment, footwear manufacturing, and wood industries are experiencing export market difficulties due to a decline in global demand.

The Ministry of Transportation proposes a $1,000 incentive for the purchase of electric vehicles.

The Ministry of Transportation has just submitted a proposal to Deputy Prime Minister Tran Hong Ha regarding policies to promote the transition to electric vehicles. There are three types of support: battery electric vehicles, fuel cell electric.

"Steel King" Tran Dinh Long sells chicken eggs, and air conditioners, and has a mountain of cash in his possession.

Despite a decline in steel production, Hoa Phat maintained a profitable business in the agricultural and electrical appliances sectors. Hoa Phat deposited nearly 23 trillion dongs in short-term bank accounts, in addition to more than 13 trillion dong

Motives for boosting Vietnamese prawn exports in the second half of 2023

For the enhancement of shrimp exports as a whole, the VASEP Association focuses on identifying the advantages of Vietnamese shrimp, including farming and processing technology as well as a variety of market-appropriate products.

The export price of rice skyrocketed, whereas the price of coffee continued to 'plunge'

The price of Vietnam's 5% broken rice increased to $550-575/ton on July 27, the highest level since 2011; meanwhile, coffee prices on the global market continued to decrease.

Despite the challenging market, many businesses continue to encroach on real estate.

In the context of the still-challenging real estate market, many businesses within the industry have drastically shrunk or even closed, but several businesses from outside the industry continue to encroach on this segment.

China "tightens" its food safety regulations, posing a challenge for Vietnamese businesses.

China's ongoing tightening of food safety regulations presents several difficulties for Vietnamese firms exporting goods to China. In light of the Chinese market's ongoing tightening of food safety regulations for imported agricultural products.

Many prices for consumer goods increased, "pulling" the July CPI up 0.45%.

This rise in the consumer price index - CPI in July 2023 was primarily attributable to a sharp increase in the prices of key groups of goods and services.

Vietnam and Israel have signed a free trade agreement, which is an excellent development for the seafood, timber.

The Vietnam-Indonesia Free Trade Agreement (VIFTA) will create many opportunities for Vietnamese businesses in the fields of seafood, timber, vegetables, and many others, as well as facilitate import and export between the two nations.

Opportunities for the wood and forest product industry to reach the 2023 goal of 18 billion USD

Despite numerous obstacles, Vietnam's wood and forest products industry is determined to reach its 2023 export goal of up to 18 billion US dollars.

In the first six months, Thai Binh anticipates a total export volume of 1,168 million USD.

According to a report by the Statistics Office of Thai Binh province, the province's export turnover increased by 4.5% in the first half of 2023, reaching an estimated $1,168 million.

Leaders of VINASME met with the Embassy of the Republic of South Africa in Vietnam to discuss bilateral relations.

The Vietnam Association of Small and Medium Enterprises (VINASME) recently met with Mr. Marius Conradie, Political Counsellor at the Embassy of the Republic of South Africa in Vietnam.

Vietnam increases rice exports to ensure balance in the world market

According to the Department of Import-Export, India's implementation of a policy to limit rice exports will have a significant impact on the global rice market.