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

Vietnamese employees' average monthly income in Q1 increases sharply

Salaries of Vietnamese employees in the first quarter of this year surged as compared to those of the previous quarter, according to Nguyen Trung Tien, Deputy General Director of the General Statistics Office (GSO).

Census of enterprises to begin on April 15

A census of enterprises is to be conducted nationwide by the General Statistics Office (GSO) from April 15 to May 30, according to the GSO’s Department of Statistical Data Collection and IT Application.

Standard Chartered anticipates accelerated recovery in Q2

In its recent study titled Vietnam – Recovery to gain momentum Quarter 2, Standard Chartered maintains its GDP growth forecast for Vietnam at 6.7 per cent, as the bounce in economic indicators has become broader.

Expanding foreign markets for Vietnamese goods

Vietnamese enterprises have made great efforts in effectively using FTAs to penetrate and bring Vietnamese goods to the international market.

Vietnamese goods need to gain foothold in UK, official says

Nearly one year after implementation, the UK-Vietnam Free Trade Agreement (UKVFTA) has fulfilled its promise with numerous exports recording positive growth. Deputy Minister of Industry and Trade Tran Quoc Khanh talked about the trade deal in an interview with Vietnam Economic News’ Thu Thuy.

Expanding industrial zones to welcome waves of foreign investment

In the first months of 2022, many industrial parks (IZs) in some key southern provinces were established and expanded in order to continue to attract the wave of foreign investment (FDI).

Vietnam's aviation authority wants to raise price ceiling for air tickets

An adjustment in the pricing policy does not mean airlines would raise their price tickets but a basis to manage the prices flexibly.

Vietnam strives to expand markets for seafood exports

Vietnam’s seafood exports made a strong recovery in the first quarter of 2022, with total revenue reaching 2.4 billion USD, up 38.7% year on year. Such an impressive result was thanks to strong growth in the export of shrimp and shark catfish.

Action programme on economic restructuring for 2021-2025 issued

Deputy Prime Minister Le Minh Khai signed Resolution No. 54/NQ-CP dated April 12 issuing the Government’s action programme to implement the National Assembly’s resolution on economic restructuring plan for 2021-2025.

Thanh Hoa fosters ties with Laos’s Houaphanh province

A delegation from the central province of Thanh Hoa led by Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Do Minh Tuan visited and extended Bunpimay (New Year of Laos) greetings to authorities and local people in Houaphanh province of Laos from April 11-12.

Domestic labour market bouncing back: GSO

The domestic labour market is bouncing back, with 50 million people getting jobs in the first quarter of this year, according to the General Statistics Office (GSO).

Seaports lag behind regional peers

Despite growing demands, Vietnam’s seaport development masterplan has been deemed inappropriate by experts, leaving much to be desired in the race to attain capital.

In 2022, the Ministry of Labor will enhance workplace inspections to ensure worker safety

According to a report published by the Ministry of Labor, War Invalids, and Social Affairs, the textile, garment, and footwear industries account for almost 14.2% of occupational accidents and 13.7% of accident deaths. In 2021, mining - minerals will account for 13.3% of labor; ranked third is the group that produces building materials, which will account for 10.6% of cases, etc.

Exports and signs of recovery

Effective control of the Covid-19 outbreaks enabled our country to quickly re-establish its economic system while also becoming an attractive destination for foreign direct investment (FDI), which boosted exports in the first quarter of this year.

There must be stricter sanctions for violations in the securities sector

Deputy Minister of Finance Nguyen Duc Chi directed the State Securities Commission to coordinate with functional units, early detect and promptly correct violations in the securities sector.

Vietnamese logistics expenses are significantly greater than those of other regional countries

According to Mr. Dao Duy Tam, Deputy Director of the General Department of Customs' Management Supervision Department, clearing a shipment requiring several units such as specialized inspection requires the cooperation of all relevant authorities.

Vietnam, Laos work to foster border trade collaboration

The 12th Vietnam - Laos border trade development cooperation conference was held in the Lao capital of Vientiane on April 11 under the co-chair of Vietnamese Minister of Industry and Trade Nguyen Hong Dien and his Lao counterpart Khampheng Xaysompheng.

Tariff quotas for rice, dried tobacco imported from Cambodia announced

The Ministry of Industry and Trade (MoIT) has issued a circular stipulating the import of rice and dried tobacco leaves originating from Cambodia under tariff quotas for 2021 and 2022.

Two new railways to connect to Long Thanh Int’l Airport

Construction work on two light railway projects in the south is set to start, according to local authorities.

Viet Nam’s e-learning market projected to hit 3 billion USD by 2023

Viet Nam’s e-learning market is expected to reach revenue of around 3 billion USD by 2023 with a compound annual growth rate of about 20.2 percent from 2019-2023, according to a report by Ken Research.