- THE MOUTHPIECE OF THE VIETNAM ASSOCIATION OF SMALL AND MEDIUM ENTERPRISES
In the past 6 months, the total export turnover of textiles and garments reached more than 22.3 billion USD, up 17.7% over the same period last year. However, with the full year target of 43.5 billion USD, the road ahead is still arduous and requires businesses to make more efforts right now, etc.
Implementing financial solutions in a synchronous manner, in the first 7 months of the year Vinh Phuc collected VND 21,805 billion from the state budget, up 9.77% over the same period last year, reaching about 68.3% of the 2022 target.
The Ministry of Industry and Trade has recommended to the Government Standing Committee that the 2,428MW solar power plan be extended until 2030.
VASEP requested to the Prime Minister and the relevant departments and branches that actions be taken to support and direct the eradication of expenses for the business community, particularly seafood and the price of animal feed.
The Vietnam Trade Office in Australia recommends that businesses need to fully comply with the conditions for importing into Australia to avoid creating more time in the current difficult conditions.
In recent years, the domestic steel industry has made significant progress, but it is still dependent on imported raw materials.
The business world is still dealing with low domestic demand and a slow economic recovery. More pressure on inflation risk, the budget deficit, and the government's need to pay back debt.
The Ministry of Construction proposed that the Government appoint the state agency competent to decide on investment to direct the project owner to report on assessing difficulties, problems, and causes (subjective and objective); clearly define the parties' responsibilities and the legal basis for contract adjustment (including BOT contracts).
The Hong Kong Food Expo is held from August 11 to 15, and Vietnamese items such as rice and rice products, seafood, spices, cashews, pepper, and coffee... are highly valued by Hong Kong residents.
There are already Vietnamese businesses producing gloves, masks, protective suits, steel, aluminium, building glass, and hardwood flooring that have successfully incorporated UKCA into their goods.
Inflationary pressures and the trend of central banks across the world raising interest rates to combat inflation have caused most major stock markets to fall in the first six months of the year.
According to SSI Research, earnings of industrial park investment corporations might climb by about 50% in the second half of 2022 as a result of increased demand for industrial land, which is predicted to increase by an average of 8-20% over the same time, depending on the location.
Nghi Son Economic Zone (EZ) and Industrial Parks (IZs) of Thanh Hoa province have attracted 671 projects, including 605 domestic investment projects with a total registered investment capital of 169,333 billion VND and 66 foreign investment projects (FDI) with a total registered investment capital of more than 13.5 billion USD, after a period of implementing policies calling for investment attraction.
The plan was designed in accordance with Decision No. 689/QD-TTg and the Scheme's contents, carefully following the views, orientations, aims, tasks, and solutions to reorganize the credit institution handling system. Decision No. 689/QD-TTg and Scheme specify the bad debt management period 2021-2025.
The import-export group with the highest turnover in the country is computers, electronic devices, and components. In general, the turnover of this group of commodities reached more than 50.1 billion USD in the first seven months of the year, a 25.2% rise over the same period the previous year, and accounted for 23.13 per cent of overall import turnover in the country.
With a slew of firms constantly giving solutions for finding human resources and implementing several policies for large-scale recruiting, job possibilities in Binh Thuan and nearby provinces are more plentiful than ever.
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”.
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.
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.
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.