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

Bright outlook for textile industry but investors should still be cautious

The textile and garment industry is forecast to have a bright prospect in 2022, but as share prices have increased sharply since 2021, many stocks may not continue to rise significantly.

Kien Giang’s exports climb 7.7 percent in Q1

The Mekong Delta province of Kien Giang raked in over 162 million USD from exports in the first quarter of the year, an annual increase of 7.7 percent.

Property developer’s bond issuance canceled following false information submission

The State Securities Commission (SSC) has decided to cancel nine separate bond issuances worth over 10 trillion VND (over 437 million USD) by subsidiaries of property developer Tan Hoang Minh Group because they submitted false information.

Vietnam’s border provinces look to boost agricultural cooperation with China's Yunnan

Four northwestern border provinces of Vietnam, namely Lao Cai, Ha Giang, Lai Chau, and Dien Bien, have held the first conference on agricultural cooperation with China’s Yunnan province.

RoK waives quarantine, extends labour contracts for Vietnamese workers

The Republic of Korea (RoK) has decided to continue waiving the mandatory seven-day quarantine and extend labour contracts for eligible Vietnamese workers.

Viet Nam earns nearly 1 billion USD from exporting animals, animal products

Viet Nam earns nearly 1 billion USD from exporting animals and animal products each year, according to the Ministry of Agriculture and Rural Development.

New mechanisms and policies needed for State-owned enterprises to grow

State-owned enterprises (SOEs) should have the same rights and obligations as other enterprises in the economy. And a policy reform is needed for enterprises to operate in line with the market mechanism and make decisions in a proactive and flexible manner like private enterprises.

Disbursed social investment capital up 8.9 percent in January – March

The total amount of social investment capital disbursed in the first quarter of 2021 was estimated at 562.2 trillion VND (24.6 billion USD), up 8.9 percent year-on-year, reported the General Statistics Office (GSO).

Gov’t issues action plan to develop Khanh Hoa province by 2030

The Government has issued an action plan to implement the Politburo’s Resolution dated January 28, 2022, on developing coastal central Khanh Hoa province by 2030 with a vision to 2045.

Technology to help F&B recover

Technology applications have played an important role in helping the food and beverage (F&B) market in Vietnam get back on track after two years of challenges due to the pandemic, experts have said.

GSO maps out two GDP growth scenarios for 2022

The General Statistics Office (GSO) has sketched out two scenarios for Viet Nam's economic growth in 2022.

Hanoi’s import-export revenue rises 14.7 percent in first quarter

NDO – Hanoi’s import and export activities reported positive results in the first quarter of this year with total import and export revenue reaching 12.7 billion USD, up 14.7 percent over the same period in 2021, according to the Hanoi Department of Industry and Trade.

Market expected to inch higher this week

Many securities companies are optimistic about the stock market this week, as companies will soon release their first-quarter business statements and a support package worth VNĐ340 trillion (US$15 billion) will also be disbursed.

Opportunities for Vietnam-Canada economic, trade cooperation

Despite the impact of the Covid-19 pandemic, economic cooperation between Vietnam and Canada continues to develop with positive results, paving the way for the two countries to boost bilateral trade.

Rent assistance will be provided to around 3.4 million workers

With the use of the package of 6,600 billion VND, about 3.4 million workers will be supported with rent with the support level of 500,000 VND/month - 1,000,000 VND/month for a period of 3 months.

How to understand the behavior of "manipulating the stock market"?

According to the provisions of Clause 3, Article 12 of the Law on Securities in 2019 and Clause 2, Article 3 of Decree No. 156/2020/ND-CP dated December 31, 2020 of the Government, it can be affirmed that the act of manipulating the stock market is one of the prohibited acts in securities and stock market activities.

The Deputy Prime Minister directs to closely supervise the financial, monetary and securities markets

On March 30, 2022, on behalf of the Prime Minister, Deputy Prime Minister Le Minh Khai issued a document directing the implementation of measures to ensure the stock market operates stably, safely, smoothly and openly, transparency leading to a sustainable development.

Exports recovered remarkably, with 15 items accounting for more than 1 billion USD in revenue

In the first quarter of 2022, exports recovered strongly with a total turnover of 12.9% over the same period last year. The whole country has 15 products with export turnover of over 1 billion USD, of which 5 products are exported over 5 billion USD.

The duty of raising loans from the government in the period of 2022 - 2024 is at most more than 2 million billion vnd

With a maximum rise of 240,000 billion VND in the state budget deficit in the years 2022 and 2023, the Government's loan mobilization assignment for the period 2020-2024 is slightly more than 2 million billion VND.

The ministry of finance cooperates with the ministry of public security to handle enterprises providing “order 1 to eat 70” service

The Ministry of Finance has also sent an official letter of correction to the provinces' and centrally-run cities' lottery companies, the Vietnam Lottery One Member LLC, and the provinces' and cities' People's Committees.