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

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).

Prices of apartments and land plots are showing signs of slowing down

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.

Inflation and gasoline rates

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 asked that product supply and demand be ensured

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.

Import tax exemption for components and technological goods that cannot be manufactured locally

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.

In Ha Tinh, the loan debt is merely 14.26 per cent

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.

In the digital transformation age, if there is supply, there will be demand

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.