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

5 new banks will use the Napas247 rapid transfer service with the VietQR code

On August 8, Vietnam National Payment Joint Stock Company (Napas) expanded its network by launching the Napas247 Quick Transfer service using the VietQR code with 5 more banks.

Coffee exports to the EU reached a new high in the first half of 2022 as a result of EVFTA

Increasing coffee exports to the EU, according to the Ministry of Sector and Trade, would help the industry expand gradually and solidify its position in the global market. Since its implementation, the EVFTA Agreement has reduced tariffs on numerous Vietnamese coffee product lines to zero per cent, allowing the Vietnamese coffee sector to enhance value and extend market share in the EU.

Early in August, deposit interest rates kept increasing

Interest rates on savings accounts of all terms have significantly risen since the beginning of August at KienlongBank and many other banks.

Hung Thinh Corporation plans to build 150,000 social housing units

The Ho Chi Minh City Real Estate Association (HoREA) claims that there is a severe shortage of homes due to a mismatch between supply and demand in the real estate market.

Overcoming obstacles in altering land use purposes for enterprises

Mr Tran Hong Ha, Minister of Natural Resources and Environment, companies have numerous challenges and problems with land issues, but by listening to each other, the parties will find the best possible way to address the problem and update the Land Law to reflect reality. The practical issues that have been demonstrated to be true will continue to apply, but the historical issues left behind by this modification must be addressed.

An Giang calls for funding for four critical agricultural and rural projects

Tran Anh Thu, Vice Chairman of the An Giang Provincial People's Committee, has recently signed Decision No. 1885/QD-UBND dated July 26, 2022, on the promulgation of the Investment Promotion Plan (XTDT) in the agricultural sector and rural regions (NNNN) of An Giang province in 2022.

Which market received the most Vietnamese workers in the past 7 months?

In 7 months, the Ministry of Labour, Invalids and Social Affairs has implemented solutions to develop the foreign labor market. Accordingly, Japan, Taiwan (China), and South Korea continued to be the markets that received the most Vietnamese workers in the past 7 months.

Efforts for Vietnamese fruit to increase market share in the US

The Consulate General of Vietnam in San Francisco (USA) is strongly implementing the project of bringing Vietnamese goods into the foreign distribution system.

Lao Cai: Cooperatives' and cooperative groups' production and economic activities progressively stabilized and flourished again

Collective economic sectors and cooperatives in Lao Cai province have gradually entered the province's general recovery trajectory, and cooperative and cooperative group production and business activities have gradually stabilized and developed returning to a new normal through the first six months of 2022.

The VSIP Nghe An Industrial Park attracted 31 projects, with a 53% occupancy rate

VSIP Nghe An Industrial Park has attracted 31 investment projects totalling 13,046 billion VND, with a 53 per cent occupancy rate, 29 of which have received investment registration certificates...

Tuyen Quang gets its first Cchat shop

The designer fashion company for ladies CChat Clothes (an active member of the Hanoi Trade Entrepreneurs Club) officially launched its first shop at 207 Quang Trung, Tuyen Quang city, at the end of July, marking the business's comeback after the pandemic.

Long An province's leaders paid a visit to Korea

Long An Province arranged a working mission in Korea to attend the Investment Promotion Workshop and the 8th Yellow Sea Regional Forum, both of which were held in Chungcheongnam-do Province, South Korea.

Delegates from Ben Tre province visisted Korea

Tran Ngoc Tam, Chairman of the Ben Tre Provincial People's Committee, and his entourage recently travelled and worked in Korea for five days.

For the eighth month in a row, the PMI in July remains over 50 points

New orders increased for the ninth straight month in July, albeit at the slowest rate since April.

In the first seven months of 2022, Hai Phong's investment capital surged by more than 25%

Total realized investment capital in Hai Phong increased by 25.7 per cent (approximately VND 1,294 billion) in the first seven months of 2022, reaching over VND 6,328 billion.

It is expected that a huge number of businesses and people will return to the tourism industry

When the number of enterprises returning to this area grows, the potential for business recovery in the tourist industry becomes apparent.

Rice exports are increasing significantly, and Vietnam must fully use FTAs

Vietnamese rice has steadily grown into new and high-end markets such as the United States, Europe, and South Korea. However, Vietnam's rice has failed to grab a major market share in the UK market.

The difficulties arise in the second part of 2022

The Ministry of Planning and Investment recognizes that the pressures and challenges confronting the economy in the last months of the year are intensifying, particularly due to the worldwide inflation scenario.

The primary cause behind the drop in shrimp exports

The major cause for Vietnam's shrimp export turnover declining in recent years is the restricted availability of raw materials combined with a weakening market demand.

Petrolimex manages inventory when petrol prices fluctuate greatly

According to the financial report published by Petrolimex on the morning of July 30, the total consolidated net revenue of the past 6 months reached VND 151,387 billion, up 78% over the same period. The increase in revenue was mainly due to the average world crude oil price (WTI) in 6 months of 2022 being 101.7 USD/barrel, up 31% compared to the same period in 2021 (average price of 6 months in 2021 was 77.2 USD/barrel).