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

The apartment market attracts buyers, real estate in the alley “reduces heat”

The real estate market is witnessing interesting reversals when apartment products dominate the buying and investment choices of Vietnamese people. Meanwhile, a once-popular segment of real estate in the alley “reduced heat”.

BAC A BANK officially offers 16 million bonds to be issued to the public in the first phase

To supplement medium and long-term capital, meet the needs of increasing the bank's operational scale, and diversify the investment portfolio of customers, from August 5, 2022, Bac A Commercial Joint Stock Bank (BAC A BANK) officially offered 16 million bonds to the public in the first phase with a par value of 100,000 VND/bond.

Exchange rate fluctuations threaten year-end imports

The management of the exchange rate and foreign currency market was under pressure due to the complicated and unpredictable movements of the international market. Import and export enterprises need to actively respond to exchange rate fluctuations to reduce risks in the last months of the year.

The World Bank, Vietnam's GDP would rise by 7.5% in 2022

According to the World Bank's most recent study, Vietnam's economy expanded 5.2% in the fourth quarter of 2021, 5.1% in the first quarter of 2022, and 7.7% in the second quarter as consumers satisfied previously pent-up demand and overseas arrivals rose.

Financial strategy - state budget 2023-2025: Increase domestic revenue by 8-9% every year on average

Circular 47/2022/TT-BTC mandates and proposes to collect the state budget for three years from 2023 to 2025 to increase the domestic income growth rate, excluding land use charges, lottery, and state capital sales. Dividends, profit after tax, and the gap between State Bank income and expenditures are around 8-9%/year on average across the country.

Vietnam's trade surplus is still low and unsustainable

The current trade surplus is still low, unsustainable, and the risk of trade deficit still exists. However, export turnover has increased.

Fertilizer exporters soon exceed profit targets

The fact that businesses make good use of market opportunities and promote exports when prices are high have helped many companies' 6-month business results exceed the plan.

Remittances to Ho Chi Minh City fell in the first six months of 2022

According to the State Bank of Ho Chi Minh City Branch, the total amount of remittances transmitted to the city through credit institutions and economic organizations reached 3.16 billion USD in the first six months of 2022, a 13 per cent decline from the same time in 2021.

Trung Minh urban area - Geleximco, Thinh Lang residential area, and Phuong Lam residential area in Hoa Binh are not yet for sale

The Sudico - Sudico Hoa Binh Joint Venture's Thinh Lang Residential Area; Golden Star Construction Joint Stock Company's Phuong Lam Residential Area; and the Trung Minh - Geleximco ecological urban area project (59.84 ha) invested in by Geleximco Group, Joint Stock Company and Hanoi General Investment Joint Stock Company is not permitted to buy and sell.

Seafood exports are cooling, and growth is slowing

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), following a rapid surge of 39-62 per cent in the first four months of the year, seafood exports began to slow in May.

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...