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

Due to economic difficulties, the import and export of numerous industries continue to recover very slowly.

According to the Ministry of Industry and Trade, the global economy is still experiencing difficulties, even though there are signs of recovery. However, the speed and scope of the recovery vary across countries, and consumer demand is also recover

The bank is promoting real estate liquidation to recover debts, with prices starting at 600 million VND per square metre

To recover debts, the bank is promoting real estate liquidation. The bank reduced the price of a property in the old town from 600 million VND/m2 to 382 million VND/m2.

Businesses in the livestock industry face numerous challenges.

Constantly rising costs for animal feed inputs and rampant smuggling place businesses and livestock farmers in a precarious position fraught with numerous risks of insolvency.

Online payments in e-commerce: Restore customers confidences

On e-commerce platforms and B2C e-commerce websites, it is currently extremely common for sellers and buyers to lack mutual trust. Due to the high rate of return on e-commerce orders, the e-commerce market's online payment system still faces many obs

Three additional banks reduce rates on deposits with terms of six months or longer.

According to the most recent announcement, HDBank, Sacombank, and GPBank, all reduced deposit interest rates simultaneously in June. Recent announcements by HDBank, Sacombank, and GPBank of a reduction in deposit interest rates continue the June tren

Vietnam's leather and footwear exports are hampered by declining demand.

The Vice Chairman of the Ho Chi Minh City Leather and Footwear Association is Mr. Nguyen Van Khanh. According to Ho Chi Minh, the Russia-Ukraine conflict has hurt the leather and footwear industry since the end of 2022, as export orders have decrease

Korean and Japanese businesses agree to bid jointly for the Busan fair

The Chambers of Commerce and Industry of South Korea and Japan have agreed to work together to realize Seoul's plans to host the World Expo in 2030 and to successfully launch the same event in Osaka in 2025.

In the second half of May 2023, Vietnam had a trade surplus of more than 3 billion US dollars

According to data from the General Department of Customs, Vietnam's import and export turnover of goods in the second half of May 2023, from May 16 to May 31, 2023, totaled 29.79 billion USD, a 15% decrease compared to the same period last year.

In the last two quarters of the year, seafood exports to the US may increase by 40-50%

According to VNDirect, the US market will likely recover strongly in the second half of 2023 due to a reduction in inflation, a decline in inventories, and a surge in demand during the holiday season.

Hanoi will establish more industrial zones and clusters to facilitate foreign investment attraction

Recently, Vice Chairman of the City People's Committee Nguyen Manh Quyen led and collaborated with the Ministry of Planning and Investment (MPI) to increase the effectiveness of investment promotion, capital attraction, and capital management

Two Chinese battery manufacturers expand production projects in Vietnam

Both Hithium and Growatt New Energy are currently in negotiations with the Vietnamese government regarding potential factory locations.

Intake cash flow of 5 million billion dongs deposited in investment bank into bonds

According to the General Secretary of the HH Vietnam Bond Market, the total amount of deposits in the banking system exceeds 5 trillion dongs. To attract cash flow, the TP market in particular, and other types of financial assets, in general, require

Vietcombank shares set a new peak, strong cash flow exceeds billions of dollars

Since April 2022, the trading value on the three exchanges has reached its highest point. Even if they increased, market leaders such as VCB, HPG, and VHM were unable to "carry" the market due to the saturation of red.

Seafood exports to the EU market dropped sharply due to IUU yellow card

Since IUU issued a "yellow card" warning, Vietnam's seafood exports to the EU market have decreased annually. EC recommendation. The European Commission (EC) warned Vietnam on October 23, 2017, against illegal, unreported, and unregulated fishing

Domestic wood exporters are still struggling to find and expand markets

What solutions will aid in the stabilization and growth of businesses when domestic wood exporters are confronted with difficulties and challenges while expanding the market?

Expectations about the recovery of Vietnam's retail market in the future

According to the Ministry of Industry and Trade, the total retail sales of consumer goods and services on the domestic market in the first five months of 2023 are estimated to be 2,527 trillion VND, leading to the expectation that the domestic market

Bac Giang Business Association promotes digital transformation training

In the final six months of 2023, the Association will focus on promoting training activities on digital transformation, business administration, online marketing, and financial management, among other topics, to enhance knowledge and skills in e-com

Trials exporting the first batch of fabrics by rail to China

A representative of the railway industry stated that the shipment was only 3 tonnes, but that it was a trial run to be able to quickly and officially export fresh lychee by intermodal train in 2023.

Promulgating a new Decree on export tax and preferential import tax

Government issues Decree No. 26/2023/ND-CP Export Tariff, Preferential Import Tariff, List of Goods and Absolute Tax Rates, Mixed Taxes, and Out-of-Quota Import Taxes.

Growth in retail sales and consumer services increased by 12.6%, and the actual consumption figure

According to data provided by the General Statistics Office of the Ministry of Planning and Investment (MPI), retail sales and consumer services in Vietnam grew significantly during the first five months of the year.