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

Phu Tho contributes over 12 billion VND to technology innovation businesses.

Phu Tho province actively implements Resolution No. 15/2020/NQ-HDND dated December 9, 2020, of the Provincial People's Council, which provides support for small and medium-sized industrial production enterprises to invest in the industry's renovation

In only six months, Quang Ngai Road exceeded the profit target for 2023.

Quang Ngai Sugar recorded a net profit of nearly VND 712 billion in the second quarter, up 95% from the same period last year. Notably, the company surpassed its annual profit goal in only six months.

Vietnam's rice exports reached $2.4 billion in the first half of July.

By the first half of July, the country had exported nearly 4.5 million tons of rice, earning nearly $2.4 billion, up more than 17% in volume and 28% in value over the same period last year.

More than 1,000 billion VND has been committed to lending as part of a 120,000 billion VND credit package.

Agribank has committed 950 billion VND to 1 social housing project in Quang Ninh and is in discussions with nearly 10 other projects. While BIDV has financed a project in Phu Tho with a credit of approximately VND 95 billion, the project is sponsored

Vietnam International Sourcing 2023: Dutch business delegation anticipations

Shortly, the multidisciplinary Dutch business delegation will participate in the Event Series Connecting International Suppliers - Vietnam International Sourcing 2023.

Vietnam has imported a total of 27,6 million tonnes of coal.

According to the General Department of Customs, Vietnam's coal imports for the period beginning July 1, 2023 (July 1 to July 15) reached 3.51 million tonnes, which is double the 1.69 million tonnes recorded for the same period in 2022.

Automobile consumption will continue to rise until the end of the year.

From now until the end of the year, it is anticipated that automobile consumption will continue to rise. Sub-1 billion VND family automobiles remain the most popular.

TTC Mekong Aqua Park is the first water park to open in the city of Ben Tre.

Thanh Thanh Cong Tourism Joint Stock Company (TTC Hospitality, a subsidiary of TTC Group) hosted the opening ceremony for TTC Mekong Aqua Park, the city's first water park.

The modernization of Ho Chi Minh City's urban rail system is a significant step forward for transportation.

The Department of Transport of Ho Chi Minh City is examining, revising, and incorporating several urban railway lines and numerous connecting routes into the city's transport plan.

Vietnamese organic agricultural products are exported to more than 180 nations and territories.

Vietnam's organic agricultural product export turnover is over 335 million USD/year, present in over 180 countries and territories. Organic agriculture in Vietnam is becoming an important part of modern agriculture.

Vietnam becomes India's fastest-growing rice markets Exports

In May 2023, Vietnam's imports of rice from India reached 101 thousand tonnes, an increase of 56.64 percent over the same month in 2022.

Vietnam's exports of domestic pangasius are gradually recovering.

According to the Vietnam Association of Seafood Exporters and Producers, the export value of pangasius to certain major markets in June 2023 is gradually closing the gap with the value attained by the industry during the same period in 2022.

KB Securities Vietnam's net income decreased by 18% despite a 14% increase in net revenue.

Although KB Securities Vietnam Joint Stock Company's (KBSV) operating revenue increased by 14% in the second quarter of 2023, after-tax profit decreased by 18% compared to the same period in the prior year.

Global green trade trend: Green transformation - A chance for innovative businesses

According to economists, businesses that actively implement green transformation early in the global green trade trend will save significant money, protect their competitiveness, and establish a sustainable foundation for the future.

What prevents Vietnamese enterprises from exploring the Chilean market?

Chile is a land of gold for businesses in search of an entirely new market, as it is a large market with ample room for growth. However, market entry is also extremely difficult.

In the first half of the year, nearly 4,000 billion Vietnamese Dong are paid in taxes by foreign corporations.

Foreign corporations such as Google, Apple, Facebook, Netflix, TikTok, and Microsoft have paid nearly 4 trillion dongs in taxes during the first half of the year.

In the second haft of 2023, Agriseco nearly doubled its profit after tax.

During the second quarter, Agriseco recorded a profit of approximately 2 billion dongs from financial assets available for sale (AFS), which was not recorded during the same period last year.

Vietnamese Employees’ employment outlook and salary expectations

According to a report from the Ministry of Labour, War Invalids, and Social Affairs, the food service, wholesale, and equipment manufacturing industries will continue to expand their workforces shortly.

The export volume of vegetables and fruits for the entire year may reach 5 billion US dollars by year's end.

According to the Vietnam Fruit and Vegetable Association, fruit and vegetable export has become a bright spot in the agricultural industry during the first six months of this year;

Reducing interest rates will partially alleviate the burden of bad debt on banks.

The pressure of new bad debts will be alleviated in part by the State Bank of Vietnam's (SBV) flexible management measures, including the reduction of interest rates and temporary adjustments to the regulations governing the recognition of bad debts.