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

Untapped potential for Vietnam’s agro-fishery exports to Japan

Japan’s great demand for agro-fishery products and foodstuff provides increasing opportunities for Vietnamese exports.

Long An boosts farm produce processing

Industry promotion projects have helped farm produce processing enterprises in the Mekong Delta province of Long An increase productivity, improve product quality and add value to agricultural products.

Quang Ninh targets 12.54 percent in GRDP growth in Q2

The northern province of Quang Ninh is aiming to expand its Gross Regional Domestic Product ( GRDP ) growth rate by 12.54 percent in QII, thus realising its economic growth target of 10.25 percent in HI.

Vietnam keen on pushing for renewable energy: Minister

Vietnam has been actively building energy planning in the direction of reducing thermal electricity, increasing renewable energy and developing gas-fired power in a rational manner, according to Minister of Industry and Trade Nguyen Hong Dien.

Australia, Vietnam look to bolster cooperation across the board

Vietnam and Australia are stepping up efforts to foster bilateral comprehensive cooperation across a variety of fields in the lead-up to the 50th anniversary of the diplomatic ties in 2023.

Jetstar Airways resumes flights to Viet Nam

Australia’s Jetstar Airways has resumed regular flights to Viet Nam from April 8 after two years of suspension due to Covid-19 impacts.

New circular on independent audits for foreign bank branches kicks in on April 15

A circular stipulating independent audits of credit institutions and foreign bank branches issued by the State Bank of Vietnam will take effect from April 15.

Foreign direct investment 'poured' into the manufacturing sector

In the first quarter, realized foreign direct investment (FDI) in Vietnam was estimated at US$4.42 billion, up 7.8% over the same period last year. This is the highest level of the first quarter in the past 5 years.

The real estate market accelerates: The trend of real estate associated with tourism and resorts is on the throne

Today's visitors want to see the sights, but also learn about the culture, shop, and use other services and amenities. A whole ecosystem is needed to offer additional value and enhance a tourism attraction. This is the market's basic and sustainable orientation.

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.