- THE MOUTHPIECE OF THE VIETNAM ASSOCIATION OF SMALL AND MEDIUM ENTERPRISES
Vietnam will have a total of 184 fishing ports, capable of handling approximately 3 million tonnes of fish annually, and 160 typhoon shelters for boats by 2050 under a plan drafted by the Ministry of Agriculture and Rural Development.
The S&P Global Ratings on May 26 raised its long-term sovereign credit rating on Vietnam to “BB ” with a “stable” outlook on the back of strong economic recovery, according to the Ministry of Finance.
Additionally-registered and share-purchased foreign direct investment (FDI) capital kept rising at 45.4 and 51.6 per cent on-year respectively in the first five months of the year, while newly-registered FDI inflows decreased by 12.3 per cent.
Vietnam has paid due attention to improving its investment environment and creating conditions for foreign enterprises to do long-term business in the country, Spokeswoman of the Ministry of Foreign Affairs Le Thi Thu Hang told a press conference on May 26.
Up to 21 percent of Indian firms operating or intending to operate in Southeast Asia plan to expand their business in Vietnam in the next two years, and the ratio is 26 percent among Chinese enterprises, according to a HSBC survey covering more than 1,500 companies from six of the world’s largest economies – all of which have operations in Southeast Asia.
In April, the number of imported automobiles carrying out procedures at Cao Bang Customs skyrocketed by four digits
Thanks to removing difficulties for the business community and improving efficiency and effectiveness of management and supporting people and enterprises, Bac Ninh has contributed to ensuring quick customs clearance and maintaining business production.
At the end of the first quarter of 2022, banks recorded strong profit growth but the bad debt ratio tended to increase.
Academics and business leaders agree that it is necessary to take a comprehensive and targeted strategy to establish Vietnam's national brand.
Dr Can Van Luc said on the morning of May 12 at the Forum "Vietnam Economic Forecast 2022-2023: Growth Scenarios and Prospects for Some Key Economic Sectors" that in the worst-case scenario, Vietnam's GDP would only expand by 4.5–5 per cent in 2022–2023.
Individuals can be very good at a sport, a musical instrument, or something else at a very young age or very early stage in their development. Even though this might make a parent, coach, or mentor think they are seeing something special, early talent rarely leads to greatness. Talent growth is hard to predict, and being young is at best a sign that should be taken with a grain of salt in terms of potential.
Before 2016, Vietnam was not on the global map of mobile phone makers and exporters. However, things have altered dramatically since then.
As Vietnam gets back to normal and starts letting people back in, the demand for meat and meat products is expected to rise in the coming months.
A real estate and investment law expert named Nguyen Van Dinh says that the current policy of "residential property and another land" encourages "legalization" and "suddenly" helps a set of owners.
The government mandates social insurance, health insurance, and unemployment insurance units to analyze, conserve, and reduce needless expenditures within the scope of the contents regularly. Management charges are imposed to guarantee job completion.
Changing the structure of export rice from low-grade to high-grade is one of the benefits that contribute to the continued growth of rice export value.
The working group is responsible for organizing the review and synthesis of difficulties and problems, as well as analyzing the causes of difficulties and obstacles in the process of implementing public investment projects, particularly those involving ODA and concessional loans from foreign donors at ministries and central agencies; both federal and local.
The General Department of Customs says that steel cable products are not eligible for a value-added tax reduction before Rita Vietnam Industry Joint Stock Company asked for advice about the value-added tax policy for imported goods under Decree 15/2022/ND-CP.
According to the Vietnam National Textile and Garment Group (Vinatex), overall consolidated sales reached around VND 4,900 billion in the first quarter, up 45 per cent from the same period last year.
The disruption of the global supply chain brought on by the COVID-19 epidemic and the Russia-Ukraine situation is having a significant influence on the availability of raw materials and industrial supplies. Dr Nguyen Bich Lam, an economic expert and former Director-General of the General Statistics Office, spoke on this topic.