- THE MOUTHPIECE OF THE VIETNAM ASSOCIATION OF SMALL AND MEDIUM ENTERPRISES
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 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.
Tran Ngoc Tam, Chairman of the Ben Tre Provincial People's Committee, and his entourage recently travelled and worked in Korea for five days.
New orders increased for the ninth straight month in July, albeit at the slowest rate since April.
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.
When the number of enterprises returning to this area grows, the potential for business recovery in the tourist industry becomes apparent.
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 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 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.
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).
The Ministry of Construction recognizes that apartment prices are still increasing compared to the end of 2021, the price growth of concentrated segments in the first quarter has slowed down and shows signs of slowing down in the second quarter.
In the first three weeks of July 2022, the market saw three consecutive declines in domestic gasoline and oil prices, lowering each litre of RON 95-III by 6,800 VND to 26,070 VND/litre; E5 RON 92 by 6,230 VND to 25,073 VND/litre; and diesel oil by 5,160 VND to 24,858 VND/litre...
The Minister of Industry and Trade has recently signed and issued a public notice on increasing market inspection and supervision to safeguard the balance of products supply and demand, market stability, and social security.
The Ministry of Information and Communications is working on a Circular that will specify which imported raw materials, suppliers, and components are free from import tax to directly facilitate the manufacture of information technology digital products, such as software.
July 15, 2022, bank real estate loans in the Ha Tinh region totalled VND 12,050 billion, accounting for about 14.26 per cent of total outstanding loans in the area.
The Ministry of Finance stated that the service of purchasing lottery tickets must be prohibited to avoid "affecting the publicity and transparency of the lottery business," lawyers and economic experts stated that enterprises are permitted to conduct business that the law does not prohibit.
The advent of the world's "big boys" has brought Vietnam a slew of popular M&A transactions in all areas of the real estate industry. As a result, office and industrial real estate, as well as project development land, accounted for 39 per cent, 35 per cent, and 26 per cent of total transaction value, respectively.
Vietnamese rice is already substantially more expensive than Thai and Indian rice... and the price of Vietnamese rice is expected to rise further shortly.
Human resources is a critical concern for companies, thus firms must "shake hands" with vocational training institutions to be more aggressive in recruiting.
The real estate market in Binh Duong is quite busy, although not every neighbourhood is a "golden egg" for investors. According to experts, this time should only invest in locations or projects with existing potential and dense populations.