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

Phu Tho 455 businesses and 186 business households owe more than 555 billion VND in tax

As of March 31, 2023, the Phu Tho Provincial Department of Taxation has published a list of 455 businesses (enterprises) and 186 business households with tax arrears that are 90 days past due. The total debt exceeds 555 billion dollars.

Saigon Glory Financial difficulties, debt exceeds 3.99 times equity

Saigon Glory's financial situation was severely impacted by its liabilities, which amounted to VND 27,320 billion, or more than 3.99 times its equity.

Thanh Hoa implements policies that promote business growth effectively.

Thanh Hoa has effectively implemented a number of pro-business policies in order to foster a conducive business and investment climate to promote business growth, thereby contributing to the creation of a significant engine for socioeconomic develop

What makes Vietnam more and more attractive to Korean semiconductor giants?

Vietnam is emerging as a new source of demand for Korean companies' semiconductors as the nation emerges as a global IT equipment manufacturing hub.

FDI picture in the first 5 months of 2023 There has been an improvement

Vietnam attracted 962 new FDI projects in the first five months of the year, an increase of 66.4% compared to the same period last year, with a total registered capital of over USD 5.26 billion, an increase of 27.8% compared to the same period

Real estate businesses continue to lose money in the first quarter of the year

The real estate market has not shown many signs of improvement, so the decline in housing business activity in the first quarter of 2023 is not unexpected.

Interbank interest rates and deposit rates are falling sharply

As a result of the State Bank's announcement of a reduction in operating interest rates, interbank interest rates and deposit rates on the market plummeted, creating favorable conditions for financial activities.

More than 80% of businesses are negative about their business prospects by the end of 2023

According to a report by the Research and Development Board of the Private Economy, 71.2% of businesses still in operation in 2023 are projected to reduce their labour force by more than 5%, with 22.2% reducing their workforce by more than 50%.

At the end of May, more than VND 14,300 billion of corporate bonds matured

In the first twelve days of May, the total value of bonds repurchased ahead of schedule by businesses since the beginning of the year reached nearly VND 53,000 billion.

ACBS Reducing operating interest rates is still not enough for economic growth

ACBS believes that the State Bank's reduction of interest rates is a necessary but insufficient condition for promoting economic growth in Vietnam.

13 social housing projects are about to open for sale in Hanoi, the lowest is 16 million VNDm2

These projects are supported by the VND 120,000 billion credit programme and offer apartments priced between VND 16 million and VND 35.6 million per square metre.

More than 80% of businesses plan to downsize, suspend or stop doing business

Recent research by the Research Board for Private Economic Development (Board IV) indicates that. This is a concerning number that raises many questions about the near-term prospects of businesses and the economy.

Exporting agricultural products to Japan Opportunities and Challenges for Vietnamese Businesses

In the FTAs, Japan is committed to eliminating tariffs on the vast majority of agricultural and aquatic products imported from Vietnam, thereby creating favourable conditions for the agricultural and aquatic products industry

Vietnam: Quang Ninh will purchase electricity from China beginning at 00:00 on 24 May.

The People's Committee of Mong Cai City announced on May 22 that the city's electricity was cut off for approximately three hours in order to complete the connection and operation of the Mong Cai (Vietnam) - Dong Hung (China) 110Kv line, which serves

The US investigates Vietnam's steel storage price antidumping claims.

Price of non-packaged steel bolts with HS code 9403.20.0075; Code A-552-835 is being investigated. Eddsal Manufacturing Co., Inc. (America) is the plaintiff.

The evolution of online car shopping and the challenges it faces

The online purchase of automobiles offers numerous advantages, such as convenience, adaptability, and transparency, but also presents numerous obstacles that stakeholders must overcome.

Quang Ninh Soon to complete the connection of the Mong Cai 110kV line (Vietnam) - Dong Hung (China)

Mong Cai City Electricity (Quang Ninh Electricity Company) informed us that the connection of the 110kV line between Mong Cai (Vietnam) and Dong Hung (China) is currently in the negotiation phase and will be completed and put into operation shortly.

Electricity purchasing power in the country is the lowest in the past 20 years

Even though electronics centers and supermarkets continually launch numerous discount and promotional programs for all product categories, it is difficult to stimulate demand during economic downturns when consumers tighten their purse strings.

Vietnam Domestic construction steel prices fell for the 6th time in a row

The price of domestic construction steel was decreased for the sixth time in succession, to less than 15 million VND per tonne. Some brands offer discounts of up to 720,000 VND per tonne of steel.

Long An The first session of the Duc Hoa District Business Association Congress ended successfully

The first congress of the Business Association of Duc Hoa district, Long An, marked a significant turning point in making Duc Hoa district an attractive location for economic development and investment.