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

Vietnam tourism is rebounding strongly, with domestic visitors reaching an all-time high

According to the General Department of Tourism (Ministry of Culture, Sports, and Tourism), the country received and serviced 71.8 million domestic tourists in the year's first seven months, exceeding the industry-wide goal for the entire year. The number of tourists hit 12.2 million in June alone, when summer officially began, a record high since the Covid-19 pandemic.

Thailand permits the import of fresh shrimp

On September 2, Thailand's Department of Fisheries made a temporary decision to import fresh shrimp to assist shrimp processing firms in maintaining production activities, with no effect on domestic shrimp pricing.

USA, China, Korea and Japan - 4 main export markets

The US continues to be Vietnam's largest commodity export market with a turnover of US$66.9 billion, up 24.2% over the same period last year, accounting for 30.8% of the country's turnover.

Exports to the Dutch market increased by more than 1.4 billion USD

According to statistics of the General Department of Customs, the export turnover of Vietnam's goods to the Netherlands market in the first 7 months of 2022 reached 5.95 billion USD, up 31.5% over the same period last year.

Long An: Linking Trade with Korean Companies

On the 29th of August, Tan An city (Long An province) hosted a conference titled "Connecting commerce between Long An province (Vietnam) firms and Korean industries under the Korea - Vietnam Economic Support Committee (KVECC)". The Business and Integration Magazine (a member of the Vietnam Association of Small and Medium Enterprises) arranged the conference as a focal point to connect and promote trade,... to enable firms in Long An province to meet and link trade with Korean enterprises.

ASEAN rural industry development based on the OCOP model

The Ministry of Agriculture and Rural Development sponsored a kick-off workshop on August 29 entitled "Establishing the ASEAN rural industrial development network under the OCOP model."

Many consumer credit organizations' bad debts have skyrocketed

The impact of the COVID-19 epidemic on the income of many working people has a substantial influence on the bad debt burden of consumer lending organizations. Many parent firms had to boost their risk provisioning, which had a substantial impact on profitability in the first half of this year.

EU is 'thirst' for wood pellets to replace gas

The EU is the world's largest wood pellet consumption market, accounting for 75% of worldwide wood pellet demand in 2021, which is expected to reach 23.1 million tons. The record is anticipated to be broken again this year, with consumption increasing to 24.3 million tons.

Economists predict that Vietnam's economy would continue to strengthen

Standard Chartered Bank estimates that the Vietnamese economy would continue to improve in August when the economic recovery process has begun to show symptoms of contagion.

Vietnamese exports to four markets in the United States, China, Korea, and Japan totalled more than USD 100 billion

Vietnam's four top export markets are the United States, China, Korea, and Japan, with a combined value of more than $100 billion in the first eight months of the year.

Many positive signals from the transport industry

The Department of Transport said that in the first eight months of 2022, the volume of goods through the seaport reached nearly 496 million tons, up 3% over the same period in 2021.

Vietnam has two seaports in the top busiest in the world

Saigon Port and Hai Phong Port are in the top 49 busiest seaports in the world, ranked 46th and 33rd respectively.

Chip software manufacturer Synopsys (USA) is shifting investment to Vietnam

On August 26, Synopsys - one of the US companies dominating the global market for electronic design automation (EDA), chip design software announced that it will train engineers in Vietnam and award certification to build a local chip design centre.

Putting ITA shares of Tan Tao Industry on alert

The reason according to HoSE is because Tan Tao Investment and Industry Joint Stock Company has violated regulations on information disclosure 4 or more times within 1 year, in the case of securities being warned under HoSE regulations. and of the Vietnam Stock Exchange.

Vietnamese pangasius with global aspirations

The rapid increase After a lengthy period of slipping and breaking through all hurdles, Vietnam's pangasius sector resurrected and grasped the "golden chance" to enhance exports, bringing this industry chain back to life.

Becamex IDC - the leading industrial infrastructure developer in Vietnam

Becamex IDC Corporation is a leading developer of industrial, urban and service infrastructure in Vietnam, and it is also a strong responder to the "National Digital Transformation Program until 2025, with orientation to 2030" of the Government and "Plan for digital transformation of the construction industry in the period of 2020-2025, with a vision to 2030" issued by the Ministry of Construction in construction investment activities; application of digital technology (DT), artificial intelligence (AI), Internet of things (IoT) in building op

Fruit and vegetable exports to China continue to decline

In the first 7 months of the year, the export of vegetables and fruits to the Chinese market decreased by more than 30%. This has led to Vietnam's fruit and vegetable export turnover also decreasing by 15% over the same period in 2021.

August industrial production is rapidly recovering

The production index of the number of key grade II industries increased sharply in the first eight months of 2022 when compared to the same period last year.

The Cinema Department responded to the plan to open theatres after 0:00 a.m

Businesses requested that the film industry be included in the night-time economic initiative so that it may function after 24 hours, making it appropriate for late screenings.

Taiwan has investigated many Vietnamese businesses for allegedly harming the domestic market

Vietnam has 15 reports reacting to imported goods from Vietnam endangering Taiwan's domestic market (China).