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

Proposed price bracket for franchising air services

The Ministry of Transport is now drafting a Circular establishing a price range for franchising air services to perfect the system of legal documents governing aviation rates, thereby creating a legal corridor for enterprises to operate inside.

The Japanese government eases travel restrictions for 106 countries and regions

The Japanese foreign ministry attributed the move to the global trend of reducing illnesses and mortality. The ministry stated that it also considers immunization rates and a country's healthcare facilities when making choices.

After the land auction in Thu Thiem, it is proposed to ban participation in the auction for 5 years if you voluntarily remove the deposit

MONRE proposed that if auction participants voluntarily forfeit their deposit and decline to participate in the auction, they must compensate the state an additional amount equal to the deposit's value. They will also be barred from participating in future land use rights auctions for five years.

Reference exchange rate up 2 VND on April 6

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,100 VND/USD on April 6, up 2 VND from the previous day.

Vietnam expected to witness stronger socio-economic development in Q2

Prime Minister Pham Minh Chinh has expressed his belief that Vietnam will record stronger, more effective, and more sustainable socio-economic development in the second quarter of 2022.

Vietnam among the top destinations for Indian companies

Vietnam, together with Indonesia, Malaysia, and Singapore, is among the favourable environments for Indian corporations to expand their footprint in ASEAN.

Starbucks interim CEO Schultz to suspend share buyback program

The newly installed interim chief executive of Starbucks Howard Schultz announced Monday he will suspend a share repurchase program as the chain navigates a challenging landscape amid a growing unionization push.

Quang Tri allures billion-dollar projects

The central province of Quang Tri is alluring a raft of projects in renewable energy and seaport infrastructure to best utilise its bountiful potential.

Da Nang calls for investment from Samsung Vietnam

The central city of Da Nang will offer the most favourable conditions for Samsung to expand cooperation and investment in the city and central Viet Nam.

WB downgrades growth forecast for Viet Nam to 5.3 percent

The World Bank (WB) has predicted Viet Nam’s GDP growth this year at 5.3 percent, down from the previous forecast of 6.5 percent issued last October.

Reading culture in "smartphone era"

Following the flow of human civilization history, reading culture plays an extremely important role in the development of individual cultural personality, thereby profoundly influencing human development strategies, as well as prosperity and development of each nation. Reading culture is considered an important point to preserve and develop the cultural foundation of the nation.

Ministry of Finance: Tighten inspection activities of corporate financial statements

According to the Ministry of Finance, in recent years, there are many errors in the financial statements of some listed companies and public companies. Even, in some cases, even though there is a fully accepted opinion of the audit firm, errors still appear.

There is going to be help from the state bank in 2022 and 2023 for businesses, cooperatives, and people who own businesses to keep the interest rate at two percent a year

This week, the State Bank of Vietnam (SBV) made a decision called Decision No. 422/QD-NHNN. It says that the banking sector's Action Plan to follow up on the government's January 30, 2022, resolution is now official.

How can trade remedies be no longer a big barrier for Vietnamese exports?

Enterprises must get a fundamental understanding of the rules and regulations governing trade remedies in FTAs between Vietnam and its partners, develop a sophisticated and contemporary management system, and maintain records. The papers are comprehensive and easy to read.

A new age of Euro and bank stocks, and insurance policies

The European Central Bank introduced a negative interest rate policy (NIRP) in June 2014 when it first decided to cut the base interest rate below 0%, at -0.1%. Since then, the ECB has cut its base rate four more times, 10 basis points each, to -0.5% in September 2019 and has maintained it until now, however the base rate policy negative basis may soon change.

Exciting M&A race in the real estate market

When both foreign and domestic capital uses the M & A method to gain more market share, it will make the race to get into real estate more appealing, say experts.

The steel industry benefits from government investment promotion

At the regular press conference of the Ministry of Industry and Trade, Deputy Minister Do Thang Hai said that accelerating the disbursement of public investment capital will also have a positive impact on the recovery and growth in some industries such as steel, materials. construction, mechanics.

Coal shortages puts thermal power plants at risk

Vietnam Electricity (EVN) has said that the amount of coal supplied to its thermal power plants (TPP) fell short of the contractual amounts, putting them at risk.

Vietnam – one of three hottest markets in Southeast Asia for 2022: Wall Street banks

Vietnam has been picked by analysts from leading Wall Street banks as one of the three hottest markets in the Southeast Asian region, according to the US’s TV channel CNBC.

Various Vietnamese fruits able to be exported to Iran

Iran is a market with high demand for agricultural products and tropical fruits – which are Vietnam’s advantages, heard a recent export consultation session held by the Trade Promotion Agency.