- THE MOUTHPIECE OF THE VIETNAM ASSOCIATION OF SMALL AND MEDIUM ENTERPRISES
Investors are cautioned by State Securities Commission to exercise caution while joining groups on social networking sites to avoid falling prey to manipulation, which might result in unneeded harm.
Northern Europe consists of small countries and has an open and modern economy. Import and export accounting for 50-60% of GDP on average. Despite their small populations, the Nordic countries' import volume is quite impressive.
Currently, Vietnamese products have successfully penetrated the distribution chain in Japan, including coconut water, coconut milk, etc.
Following the delegation of Dong Thap province's visit and working session at Something Group (Japan) in June, on the afternoon of July 1, Mr Sato KouiChiro - Foreign business director, cum member of the Council Something Group's management and Group members went to meet the leaders of Dong Thap province to learn and exchange cooperation opportunities shortly.
This inventory build-up can be traced back to factors such as difficulty shipping products due to supply chain disruptions and some companies intentionally stocking up in case, they experience stock shortages.
Coffee has many health benefits, changing consumption trends are expected to boost the US coffee market.
The cryptocurrency market saw a historic decline in the second quarter of 2022 in the face of pressure to raise interest rates by global central banks and persistent inflation. At the end of the first quarter of 2022, the cryptocurrency market size exceeded $2,165 billion, by the end of the second quarter of 2022, the market capitalization had dropped to around $850 billion, a decrease 60.7% stunned investors in this market.
Labor unit prices climbed by 20-30%, but construction firms still struggled to recruit employees; labour in the tourist sector declined by 55-60%, and many 5-star hotels were hesitant to reopen. Raw materials are in low supply, driving up prices, logistical costs are high, manpower is scarce, and financial availability remains limited.
Following the direction of the Provincial Party Committee, the People's Council, the Provincial People's Committee, and the Ministry of Industry and Trade, the Department of Industry and Trade of Phu Tho province has coordinated actively with relevant departments, branches, and units to continue implementing the "People's Republic of China" campaign effectively. Vietnam emphasizes employing Vietnamese products" in the current environment (Post-COVID) has considerably helped to the socio-economic recovery and growth of the province.
It is estimated on June 20, 2022, total capital registered for new foreign direct investment capital, adjusted and contributed capital to buy shares of foreign investors has reached over $14.03 billion, an increase of 91.1 per cent over the same period in 2021, according to Foreign Investment Agency (Ministry of Planning and Investment).
Mr Nguyen Hoai Nam, Deputy General Secretary of the Vietnam Association of Seafood Exporters and Producers (VASEP), stated at the CEO Forum "Removing Difficulties for Seafood Enterprises - An Insider's Perspective" recently held in Ho Chi Minh City that currently, seafood materials from other countries are increasing strongly, which may cause import prices in the US to decrease, and there is also fierce competition among suppliers.
During the first half of the year, the only industry in Ho Chi Minh City declined, namely the real estate business, which declined by 5.82%. Three out of nine industries grew by less than 6%, including wholesale and retail, which increased by 3.10%; accommodation and food services, which increased by 2.08%; and education and training, which increased by 4.99%.
From the beginning of 2022 until the present, the whole nation has been in a state of simultaneous recovery in all areas. As a result, there is an urgent need for local and international routes to be "opened" and "connected" to satisfy rising passenger demand.
Vietnam is set to grant a licence under the Voluntary Partnership Agreement/FAO-EU Forest Law Enforcement, Governance and Trade (FLEGT) Programme to wood exports in 2025, after it completes preparing necessary conditions, reported a government official familiar with the sector.
Experts have raised strong support for a comprehensive reform for the draft revised Petroleum Law that will help further develop the country’s oil and gas industry.
The Ministry of Construction (MoC) has proposed controlling the bond issuance activities of real estate enterprises but not tightening investment in real estate bonds, Nguyen Manh Khoi, Deputy Director of MoC's Housing and Market Management Department, said at the monthly press conference held on June 13.
Vietnam will see more realty projects invested by businesses from the Republic of Korea (RoK) in the coming time as they are seeking opportunities to enter and expand operations in the country, according to Andrew Lee, Korean Desk Manager at real estate consultancy Savills Vietnam.
The regional-based minimum wage will officially increase by 6 per cent from July 1, following Decree No.38/2022/ND-CP promulgated on June 12.
There remains untapped potential for Vietnam's exports of agricultural and food products to major markets in Asia, Europe and America, but it is important for Vietnamese enterprises to improve the quality of their products, sharpen their competitiveness, and better grasp current international consumption trends, experts have said.
The People's Committee of Quang Binh province recently hosted a conference to meet businessmen and investors involved in tourism and services in order to propel the region's tourist sector forward in the next years...