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

A delegation from Long An Province paid a visit to Japan

The delegation of Long An province, led by Mr Nguyen Thanh Hai, Standing Deputy Secretary of the Provincial Party Committee and Head of the Delegation of the National Assembly of Long An province, paid a courtesy visit to the Ambassador Vietnamese restaurant in Japan on the morning of September 5, 2022. Mr Vu Hong Nam, Ambassador Extraordinary and Plenipotentiary of Vietnam to Japan, welcomed the delegation.

OceanBank continues to deliver and sell CUD's golf course in Vinh Phuc

Recently, Ocean Commercial One Member Limited Liability Bank (OceanBank) continued to sell a debt of more than VND 800 billion with the collateral as a golf course of the Urban Development and Construction Joint Stock Company (CUD) in Vinh Yen city.

THACO Industries' export of spare parts and components climbed by more than 80% in the first seven months of the year compared to the same time last year

THACO Industries' export income of components and spare parts reached US$17.2 million in the first seven months of 2022, an increase of 82% over the same period in 2021. Revenue is expected to reach nearly 37 million USD for the entire year.

Sonadezi Long Thanh pays unprecedented dividends

Sonadezi Long Thanh offers the highest dividend payout since listing on HOSE. Previously, in 2019 and 2020, the Company paid a dividend of 30%.

Vietnam and Korea have joined forces to enhance commercial and investment relations

Korea is the largest investor in Vietnam, but in addition to huge corporations, Vietnam requires measures that encourage Korean small and medium-sized businesses to return to the country.

Nearly 500 processing and manufacturing enterprises are the growth engine for Ha Tinh

In Ha Tinh province, there are nearly 500 enterprises operating in the field of processing and manufacturing (up 66% compared to 2015), accounting for nearly 63% of the number of industrial enterprises.

The world's largest airline wants to expand cooperation with Vietnamese businesses

Currently, the world's largest aircraft manufacturer has 7 component suppliers located in Vietnam. However, most of these are Japanese and Korean partners, only 1 enterprise is a domestic enterprise.

The number of new and reopened enterprises has reached an all-time high

According to the Business Registration Administration (Ministry of Planning and Investment), newly founded and returning firms maintained a historic high level in the first eight months of this year, with 149,451 enterprises, up 31.1% from the same time in 2021.

Mega Us Expo 2022 - Business Day connecting Korea - Vietnam trade

Korea-Vietnam Business Day (Mega Us Expo 2022) coordinated by Jeonbuk Economic and Creative Innovation Center (JBCCEI), Saigon Innovation Hub (SIHUB), Koretoviet Trade Promotion Center and JYGlobal organization union.

Prudential Vietnam wins dual awards at Insurance Asia Awards 2022 and HR Asia Awards 2022

Prudential Vietnam Life Insurance Company Limited (Prudential) has just been honoured with two awards “International Life Insurance Company of the Year” and “ESG Initiative of the Year” at the Insurance Asia Awards 2022. At the same time, the company was also recognized as “Asia's Best Place to Work” by HR Asia Awards 2022.

Vietnam Startup Day 2022 attracts 150 entrepreneurs

The Youth Startup Support Center (BSSC) and the Vietnam Youth Union of Ho Chi Minh City hosted the opening ceremony for Vietnam Startup Day 2022 on August 25.

Vietcombank Binh Duong has implemented a financial solution package for FDI businesses

The Joint Stock Commercial Bank for Foreign Trade of Vietnam - Binh Duong Branch (Vietcombank Binh Duong) recently organized a seminar at the Convention and Exhibition Center of Binh Duong province to promote a package of financial services for corporate customers. Enterprises in the province have foreign investment capital (FDI). Representatives from the provincial Customs Department, the provincial Tax Department, and more than 60 FDI firms in the area attended the session.

Why are businesses afraid to receive interest rate support?

At a recent meeting with the National Assembly's Delegation, Standing Deputy Governor of the State Bank Dao Minh Tu said that, through preliminary reports from commercial banks, a number of causes and difficulties lead to the slow implementation of the policy includes difficulties in determining beneficiaries of interest rate support, reasons from customers and reasons from banks.

Domestic organizations collect food stocks, discharge steel stocks

Food and beverage stocks attracted the most cash flow from institutions last week with a net buying value of 138 billion dongs.

Experts explain why Vietnam is interested in becoming a manufacturing centre

According to economist Vo Tri Thanh, director of the Institute for Brand Strategy and Competition, several large technology corporations in the electronics industry, including Foxconn, Apple, Xiaomi, Samsung, and others..have been and are tending to move to Vietnam, which is not entirely new, but increasingly demonstrates our attraction.

Vietnamese firms account for more than 92% of seafood export turnover

In the seafood business, Vietnamese firms contribute 92-95% of export revenue, whereas FDI enterprises account for just 5-8%.

On Group, a social commerce business has acquired the shipping platform TopShip

The merger and acquisition transform the ON ecosystem into a single social commerce platform for online retailers, with three pillars: sourcing, shipping, and finance.

Small and medium-sized businesses are at the foundation of the Vietnam-Korea economic cooperation system

That is the definition given by Dr Vu Tien Loc, President of the Vietnam International Arbitration Center, Chairman of the Vietnam - Korea Conference, and former President of the Vietnam Chamber of Commerce and Industry, during a sharing session with Enterprise & Integration Magazine to commemorate the 30th anniversary of diplomatic relations between Vietnam and Korea.

7 losses, insurance enterprises are not responsible for compensating the construction industry

Circular No. 50/2022/TT-BTC of the Ministry of Finance, effective from October 1, 2022, in Article 5 stipulates that insurers are not liable to compensate for the following losses:

Nghe An enterprises participated in the training course “Improving negotiation and bargaining capacity in labour relations”

The training course was organ to supplement knowledge and skills for businesses on negotiation and dialogue in the workplace, promoting the building of harmonious relationships to improve productivand city, income, and promote business development.