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

The Research and Development Board of the private economy wants to remove obstacles for international tourism

The business community and Board IV would like the Prime Minister to consider and direct ministries, branches, and localities to implement a variety of solutions in order to meet the expected goal of welcoming over 5 million international visitors. Vietnam in the year 2022.

Vietnam's credit rating has been improved to BB+ by S&P

Vietnam is one of just two nations in Asia-Pacific whose credit rating has been improved by S&P since the beginning of the year, as a result of the country's steady development over the years. Vietnam has a significant edge in attracting international investment flows.

The State Capital Management Committee wishes to halt the approval of new airlines

To regulate the size of the domestic aviation sector, the Ministry of Transport need alternatives. As a result, it is important to limit the number of new airlines until the market recovers; in the near term, limit the licensing of further fleets until domestic carriers have exhausted all available aircraft, and the size of operation returns to that of 2019.

The State Bank advises firms and cooperatives on loan interest rate assistance

The State Bank of Vietnam issued Circular 03/2022/TT-NHNN directing commercial banks to implement interest rate support following the Government's Decree No. 31/2022/ND-CP dated May 20, 2022, on interest rate support from the state budget for loans to enterprises (enterprises), cooperatives, and business households.

The national petroleum management and database system have been operational

According to the Ministry of Industry and Trade, the national petroleum management and administration database system went live on May 20.

Electronic tracing stamps help prevent sugar smuggling

The Ministry of Finance proposes that production and business organizations and individuals in Vietnam build, deploy, and apply the stamp of traceable electronic chips following government regulations and guidelines. of ministries, branches, and related agencies regarding the traceability of imported and domestically produced sugar.

Vietnam to have 184 fishing ports by 2050: draft plan

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.

G&P Global Ratings raises Vietnam’s sovereign credit rating

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.

FDIs grow strongly in the first five months

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 facilitates long-term operations of foreign firms: Spokeswoman

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.

Vietnam remains attractive to int"l investors: HSBC

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.

Sharp increase of imported automobiles at Cao Bang Customs

In April, the number of imported automobiles carrying out procedures at Cao Bang Customs skyrocketed by four digits

Bac Ninh Customs sets out three goals to support enterprises

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.

Bad debt has increased sharply, but the reserve buffer is "thin"

At the end of the first quarter of 2022, banks recorded strong profit growth but the bad debt ratio tended to increase.

The national brand of Vietnam and the global business environment

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: In the worst-case scenario, GDP would expand by just 4.5-5 per cent in 2022-2023.

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.

Why does triumph not always translate into long-term success?

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.

Vietnam is the world's "base" for mobile phone manufacturing

Before 2016, Vietnam was not on the global map of mobile phone makers and exporters. However, things have altered dramatically since then.

Vietnam is Asia's second-largest consumer of pork

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.

The policy of "residential and another land" provides "collective advantages"

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.