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

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.

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.