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

Cancellations in Russia had a ripple effect across the market

To the tune of USD 838.79 million, Vietnam's export turnover to Russia dropped by 49.31% in H1 2022. Even after going through export processes, many shipments end up being cancelled, and those that are already in transit have to be rerouted.

Advising on the export of Vietnamese spices to the Middle East market

The Trade Promotion Agency collaborated with the Vietnamese Trade Offices in the Middle East and Africa to hold a consulting session on spices exporting to these regions.

Binh Thuan: Making the circumstances conducive for investors to build offshore wind power

On the afternoon of July 27, the Vice Chairman of the Binh Thuan Provincial People's Committee, Nguyen Van Phong, met with Mr He. Carsten Baltzer Rode, Deputy Ambassador of Denmark in Vietnam, T&T Group Joint Stock Company and Orsted Danish Group to discuss the investment situation of offshore wind power projects in the province.

Import taxes and limits on rice entering Northern Europe

The Vietnam Trade Office in Sweden stressed the most crucial criterion for Vietnamese rice to capture the Nordic market: "Consistent quality is the key!"

The UKVFTA, chances to promote coffee exports to the UK market

Ministry of Industry and Trade, Vietnamese enterprises must act fast to capitalize on the potential provided by UKVFTA in increasing coffee exports to the UK. Because, according to the UKVFTA pledge, the UK will reduce import tax on 99.2 per cent of tariff lines, equal to 99.7 per cent of Vietnam's export sales, six years from the agreement's effective date.

Two certificates of FDI investment totalling USD 55.5 million were awarded in Quang Ninh province

Quang Ninh province collaborated with the Vietnam Confederation of Commerce and Industry (VCCI) to organize an investment promotion conference in 2022 with the theme "Convergence and diffusion," and awarded two registration certificates signed to invest in FDI projects in Quang Yen town (Quang Ninh), with a total capital of more than 55.5 million USD.

Sharp Corporation - Japan increases investment in Binh Duong manufacturing

Mr Mai Hung Dung - Member of the Standing Committee of the Provincial Party Committee, Standing Vice Chairman of the Provincial People's Committee recently received and worked with the delegation of Sharp Corporation - Japan, led by Mr Hashimoto - Chairman of Sharp Corporation, who came to discuss the investment expansion plan in Binh Duong province.

Investors are awaiting fresh stock market possibilities

In the second quarter of 2022, the number of margin loans and investor deposit balances both declined, but the amount of money waiting to be invested in future chances remained substantial at around VND 70,000 billion.

Information pertinent to the Danish market

The World Bank has classified Denmark as the nation with the greatest business climate in Europe for ten straight years, and it consistently ranks in the top five countries with the best business environment in the world.

Hanoi: The real estate market is desperate for supplies, and the project has just recently come to light

Supply is limited and prices are rising rapidly, the recently opened apartment complex in the southwest of Linh Dam peninsula has become the focal point while the market's need for homes continues to rise.

The top category of imported items with a "billion dollar" increase

General Department of Customs, the groups of imported goods increased the most in the first six months of the year were computers, electronic products and components, which increased by 9.26 billion USD; petrol and oil of all kinds increased by 2.83 billion USD; coal of all kinds increased by 2.49 billion USD, and chemicals increased by 1.3 billion USD...

By 2045, the coal market will be completely competitive

The overarching aim by 2030 is to grow Vietnam's coal industry into a developed, highly competitive sector with the sophisticated technology in all phases of exploration and coal mining, processing, transportation, and consumption in comparison to the area.

Attracting significant FDI investments into real estate

The real estate industry came in second in terms of attracting FDI, with over 3.15 billion USD in investment capital, representing 22.5 per cent of total registered investment capital.

The First Beer House Opens at MerryLand Quy Nhon

Beer House - the first beer restaurant in MerryLand Quy Nhon - formally opened and welcomed customers on the afternoon of July 23, 2022. This is the newest activity in the MerryLand Quy Nhon peninsula city project's early operating plan to diversify experiences and welcome a significant number of tourists to Quy Nhon and Binh Dinh.

Exporting to the EU: Beware of mixed products containing ingredients of animal origin

EU amends the form of a food safety certificate for consignments of mixed products containing ingredients of animal origin imported and transited into the EU.

"Guidelines for the Official Export of Vegetables and Fruits to the Chinese Market" are now available

The manual is intended for readers who are locales, industry organizations, corporations, and producers engaged in the production chain, particularly those exporting vegetables and fruits to the Chinese market.

Imports of textile, leather, and shoe materials and accessories from China climbed by 11.7 per cent in 2021 compared to the previous year

Vietnam imported 53 per cent of textile, garment, leather, and shoe materials from China in the first six months of the year, with a total value of 7.76 billion USD, up 11.7 per cent from the same time in 2021.

SBV controls the flow of loan money into manufacturing and business

The State Bank manages credit to help economic growth recovery while remaining agnostic to inflation risks; leads credit institutions to expand credit safely and effectively, directing credit to production and commercial areas.

Textile and apparel manufacturers are experiencing a dearth of orders, which is lowering capacity towards the end of the year

Consumption of goods stalled, and clients prolonged orders, leading the company's inventory to build to 3-6 months, causing cash flow to halt, making future commercial operations impossible.

Three encouraging economic indicators for Vietnam

Our country's economic recovery and expansion have produced very optimistic outcomes. Many FDI projects are "pouring" billions of dollars of money into Vietnam, which is a positive indicator of the present economy's "transformation" phase.