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

Vietnam’s manufacturing sector hit by wave of COVID-19 infections

The Vietnam Manufacturing Purchasing Managers' Index (PMI) dropped to 51.7 in March from 54.3 in February, as the latest wave of the COVID-19 pandemic led to widespread labour shortages in the manufacturing sector during March, according to S&P Global.

Vietnam steel industry to face rising costs and uncertainties

The conflict between Russia and Ukraine, as well as sanctions on Russia, have raised input prices and logistics costs, impacting domestic steel exporters.

Enterprises promote post-production recycling

In the circular economy associated with green growth that Vietnam is aiming for, by-products and waste in the production process are considered renewable resources.

To put an end to the land's "fever," a number of municipalities stopped subdivision and partition of parcels

Local governments in Hanoi, Binh Phuoc, Lam Dong, Vinh Phuc, and other places have all issued documents at the same time to stop and direct the grant of land use rights. This is to stop the subdivision and sale of plots.

The Russia-Ukraine war has had a great impact on the auto industry, material shortages

There are new problems for the global auto industry because of Russia's brutal war in Ukraine, and they have nothing to do with cars. In Germany, BMW has stopped making cars at two of its plants. Mercedes is taking a break from work at its assembly plants. Volkswagen says it will stop making cars and is looking for new sources of parts.

Deploying solutions for socio-economic recovery and growth in the next few years at The National Conference Of Governments with localities

On April 5, Prime Minister Pham Minh Chinh presided over a countrywide online conference on the socioeconomic condition, recovery, and development strategy; the allocation and distribution of public investment money; and the completion of critical national transportation projects. Provinces and centrally administered cities' leaders attended the summit at regional bridging points.

Vietnamese GDP expanded rapidly in the first quarter of 2022, while the stock market plummeted

Although the first quarter of 2022 saw the highest number of Covid-19 infections nationwide, Vietnam's GDP growth increased by 5.03 per cent, maintaining the quarter's increasing momentum and demonstrating positive signs of an economy recovering strongly and entering a new normal following the pandemic.

The Ministry of Finance commented on the proposal to increase the deduction for family circumstances

According to the Ministry of Finance, under the rules of the present Personal Income Tax Law, people may deduct social insurance, health insurance, unemployment insurance, and so on from their gross income when computing personal income tax.

Establishing a website to educate the public against online fraud

The National Cyber Security Monitoring Center (NCSC) has also linked the website to the National Cyber Portal at https://staging.khonggianmang.vn/ for ease of use and search by the public.

Lessons from weak projects and future directions

Under the Government's and Prime Minister's stern leadership, several weak and sluggish projects have seen significant improvements, with some becoming operational and profitable. However, numerous obstacles remain in dealing with underperforming projects as a result of market development conditions, giving legal counsel to firms dealing with EPC contract disputes, and addressing challenging financial concerns, among others.

In the first quarter of 2022, Ho Chi Minh City attracted USD 406 million in FDI

In the first quarter, the total newly registered capital in Ho Chi Minh City reached 102.4 million USD, down 12.8% in the capital over the same period, with 127 projects.

The construction industry plans to respond to climate change

The construction industry offers numerous opportunities and advantages for contributing to climate change response strategies and greenhouse gas emission reductions.

Notes on how to comply with customs inspection and supervision requirements for exporting businesses

Vietnam's export processing business regulation legislation has been in effect for 40 years, considerably contributing to the country's total FDI investment capital (registered capital and disbursed capital) in each growth cycle.

Many US companies warn about Chinese strict control measures against COVID-19

A joint survey by the American chambers of commerce in Beijing and Shanghai, released recently, found that more than half of 167 respondents, including 76 manufacturers, expect revenue to decline. this year due to the nationwide outbreak of COVID-19.

Thanh Hoa: Announced the launch of smart tourism products

On April 2, the Thanh Hoa Department of Culture, Sports, and Tourism organized a ceremony at the Lam Kinh Historic Site (Tho Xuan District) to unveil smart tourism goods and welcome guests to the main area at the Lam Kinh Imperial Palace.

New EU rules for tech giants could change the future

There is a chance that the European Parliament and EU countries could limit the power of U.S. technology "giants" like Google and Apple as well as Meta (Facebook), Amazon, Microsoft, and more.

Guidelines for trade remedies in The RCEP Agreement

Earlier this month, the Ministry of Industry and Trade released Circular 07/2022/TT-BCT, which lays out how trade remedies would be used under the Regional Comprehensive Economic Partnership (RCEP).

Keeping track of ICO and legal actions

Overall state budget income controlled by tax authorities is expected to reach VND 389,320 billion in Q1 2022, which is 33.1 percent of the ordinance estimate and 105.3 per cent more than at the same time last year.

General Department Of Taxation: Urgently complete the remaining inspections and tests from 2021

Cao Anh Tuan, Director of the General Department of Taxation, urged that local tax departments expeditiously finish the remaining audits and inspections from 2021 to transition to and carry out inspections and inspections under the 2022 plan.

Real estate brokers are now subject to new laws and 'land snoopers' are no longer permitted

Failure to provide, provide insufficient information, or provide dishonest information regarding the real estate (real estate) that the broker would result in a punishment of between 200 and 250 million VND, according to newly announced government laws.