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

2% VAT reduction, subject to price declaration businesses awaiting instructions

By a resolution of the National Assembly, the VAT rate on several items with a 10% rate will be reduced to 8% on July 1, 2023. Among these are goods managed by the government, whose prices have been declared and registered by businesses...

The reason why live hog prices vary between Vietnam and China

The complex interaction between supply and demand in each market accounts for the contrasting volatility of hog prices in Vietnam and China.

The proposed amendments to Decree 107 concerning rice exports include several novel provisions.

The Ministry of Industry and Trade hopes to improve its ability to manage and supervise rice export activities while establishing equitable conditions for industry-related businesses.

Several banks "race" to increase their charter capital to trillions of Vietnamese dong.

Various banks are "racing" to increase their charter capital. There are plans to increase the capital of state-owned and private banks to trillions of dong.

Vietnam's economic expansion in 2023 may be weaker than previously anticipated.

According to the "Vietnam Economic Annual Report 2023," Vietnam's economic growth in 2023 will be lower than many organizations’ previous projections.

Domestic construction steel prices have declined for the twelfth consecutive month.

According to Steel Online data, the domestic construction steel price has been adjusted down for the twelfth consecutive time, bringing the price of many types of steel to less than 14 million VND per tonne.

Partnering: Supporting the green transformation of textile and footwear businesses

The green and circular economy is currently an unavoidable global trend. Therefore, the best and quickest solution is for Vietnam's textile, garment, and footwear industries to collaborate with partners offering support services.

Vietnam Renovating growth model, restructuring the current economy

In the document of the thirteenth Party Congress, it was decided to continue to renew the growth model and restructure the economy with numerous new requirements and contents.

Clean Electricity and a Plan to "Rescue" the electricity crisis

Electricity is now hotter than ever before. Hot in the National Assembly, hot in public opinion, and hottest when the government proposes an EVN inspection.

ASEAN+3 is the second-largest sustainable bond market in the world.

At the end of March, according to the ADB, the total amount of local currency bonds in emerging East Asia rose 9.1% year-over-year to $23.8 trillion.

In 2023, fruit and vegetable exports are anticipated to set a record high.

According to data from the Ministry of Agriculture and Rural Development, exports of fruits and vegetables during the first five months of the year exceeded USD 1.97 billion. With a high growth rate of 39% in the first five months of the year

Building a Smart Society: Exploring Opportunities and Obstacles

Developing a “smart society,” a concept attracting widespread interest, has become a global objective for many nations. Vietnam are favourable to advance digital transformation and establish a smart society.

New State Bank action - a basis for commercial banks to reduce lending rates

The State Bank has decided to reduce a series of operating interest rates by 0.25 percent to 0.5 percent beginning on June 19, paving the way for commercial banks to reduce deposit and lending interest rates.

The initial shipment of Thanh Hoa seedless fabric is now available on the British market.

The first shipment of Vietnam's seedless lychee was introduced to the UK market, making it the fourth Vietnamese speciality fruit after Tan Lac red pomelo, Dien Yen Thuy pomelo and Cao Phong orange (Hoa Binh), the main export.

On June 19, the State Bank of Vietnam officially reduced a series of operating interest rates.

According to the State Bank of Vietnam (SBV), the continued reduction in operating interest rates confirms and establishes a trend of interest rate reduction for the market in the coming time, thereby directing credit institutions to be more daring

The second term of the Ho Chi Minh City Real Estate Club Congress (2023-2027) is about to commence.

Ho Chi Minh City will host the Congress of Delegates, term II of the Ho Chi Minh City Real Estate Club, term (2023-2027), on June 21, 2023.

Organizations must implement more network security monitoring solutions.

This is also the recommendation of the BKAV Malware Research Centre when detecting the Spectralviper virus, which targets the computers of several large corporations.

Ho Chi Minh City wants to limit the amount of support from the budget for each project

The People's Committee of Ho Chi Minh City proposed that the Ministry of Planning and Investment coordinate the study of a limit of 10% of the total investment capital of each project for city budget support.

In 2023, businesses will implement synchronised solutions to overcome difficulties.

To assist businesses in overcoming obstacles, increase exports, and accelerate the nation's economic development, each community will need to prioritise and concentrate on several innovative solutions shortly.

Encourage economic expansion on both the supply and demand sides.

To achieve the growth objective, it is necessary to examine existing mechanisms and policies to develop supply-and-demand-enhancing solutions.