- THE MOUTHPIECE OF THE VIETNAM ASSOCIATION OF SMALL AND MEDIUM ENTERPRISES
Chalermchai Sri-on, Thailand's Minister of Agriculture and Cooperatives, announced on September 3 that Thailand and Vietnam have agreed to strengthen collaboration to boost export rice prices, assuring more justice in the context of production costs. VOV in Bangkok reported an increase in exports.
Mr Matthew Smith - Research and analysis specialist - was asked a series of questions on the significance of upgrading the stock market in Vietnam and what action Vietnam should do to improve the stock market after many years of still standing. A veteran analyst with over 22 years of experience in the Asian market offered information on the demands of foreign investors as well as ideas to make Vietnam's stock market more appealing to foreign investors.
Vietnam's import of raw materials for animal feed processing in the first seven months of this year increased to $3.1 billion as domestic supply only met about one-third of domestic demand.
Overcoming the tight import market regulations, firms have delivered Vietnamese brands of coffee, rice, red beans, and so on to the globe, adding numerous additional values to domestic production.
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.
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.
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.
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.
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.
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."
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.
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.
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.
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.
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.
Saigon Port and Hai Phong Port are in the top 49 busiest seaports in the world, ranked 46th and 33rd respectively.
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.
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.
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 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