- THE MOUTHPIECE OF THE VIETNAM ASSOCIATION OF SMALL AND MEDIUM ENTERPRISES
About 80-90 percent of fixed-route transport firms have adjusted their fares up by 10-15 percent to offset mounting fuel costs, according to a Ministry of Transport (MoT) report submitted to the Prime Minister, assessing the impact of higher fuel prices.
Vietnamese tuna exports to Portugal continued to record a three-digit growth rate in the first quarter of the year, according to statistics given by the Vietnam Association of Seafood Exporters and Producers (VASEP).
The country represents a potential and attractive market for entrepreneurs from Monaco, as demonstrated by the participation of over 60 firms and investors in a recent economic conference hosted by the Vietnamese Embassy in Monaco in collaboration with the Monaco Economic Board (MEB).
Following impressive growth recorded in the first quarter, Vietnamese coffee exports are projected to continue increasing moving into the second quarter thanks to abundant supply sources and incentives from numerous free trade agreements (FTAs), according to industry insiders.
Foreign investors pledged to pour over US$2.8 billion in real estate sector in the first four months this year, accounting for 30.3 percent of the total foreign direct investment inflows.
Foreign capital inflow in Vietnam is expected to gain new momentum on the back of fresh commitments from overseas investors.
Vietnam expects to add 9,600 MW of power from biomass by 2030, but that will need added incentives.
The Vietnamese Government has set up six working groups to speed up the disbursement of public investment to create impetus for post-pandemic economic growth.
Vietnam will support Australian enterprises as they explore and expand their investment, business and trade activities in the country, Vietnamese Ambassador to Australia Nguyen Tat Thanh told the host’s business community on May 5.
After two years of ultra-easy policy to sustain the economy hit severely by COVID-19, the FED became more hawkish. This had a significant impact on the Vietnamese and global stock markets.
Vice Chairman of the Ho Chi Minh City People’s Committee Vo Van Hoan on May 4 met with Alla Ayodhya Rami Reddy, a member of the upper house of India, who was leading a business delegation, including representatives of the Ramky Group, to the city to explore cooperation chances in waste treatment.
The Vietnamese Government has set up six working groups to speed up the disbursement of public investment to create impetus for post-pandemic economic growth.
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,128 VND/USD on May 5, unchanged from the previous day.
The reform of the national credit guarantee funds is critical in light of the fact that the majority of small and medium-sized firms (SMEs) are unable to obtain bank loans.
The manufacturing industry has made unexpected achievements despite the difficulties of the post-COVID-19 economy and the world's economic and political upheaval.
Throughout the last 30 years, the Tra Vinh provincial Party Committee, authorities, and ethnic minorities have always retained tradition, character, and patriotism, as well as the desire to self-reliance, self-reliance, and ambition to rise up. have joined forces, unified, and worked hard to overcome numerous problems and challenges, propelling the province to become stronger and stronger, leaving exceptional imprints in all sectors.
The F&B industry has been robust since the beginning of this year, posting two-digit growth in the first quarter, driven by the reopening of economic activities.
After the Vietnamese stock market experienced a turbulent week, analysts believe that the short-term downward risk is likely to remain due to investors’ pessimistic sentiment.
According to experts, investing in real estate during inflation has two sides and investors must be very careful.
To avoid being scammed, paying due attention to business practices and language is important to help garment exporters conquer the African market.