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

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.

Ms Pham Viet Lan Anh, Bong Bach Tuyet's new 8X President

Bong Bach Tuyet has voted to name Ms Pham Viet Lan Anh as Chairman of the Board of Directors, effective August 19, 2022.

Instead of registering new businesses, focus on developing current ones

Mr Le Duy Binh, Economist, Director of Economica Vietnam, shared his thoughts on the need to focus on growing existing businesses rather than registering new ones at the forum "Brenovative solutions to improve the competitiveness of enterprises to recover and develop sustainably" on the afternoon of August 19.

Binh Duong encourages labour attraction strategies for enterprises

The Ministry of Labor, Invalids and Social Affairs (LOLISA) sponsored a conference on the development of a flexible, modern, sustainable, and integrated labour market on August 20 in Hanoi.

VPBank set a Vietnamese record with a billboard of a building with an area of 2,000 m2

On August 12, 2022, the Vietnam Record Organization officially awarded VPBank the record title: "The billboard with the names of officials and employees on the glass of the building with the largest area in Vietnam".

Vinamilk is considered the most potential milk brand in the world

According to the annual report of the "Food and beverage" industry of Brand Finance 2022, the Vinamilk brand has been valued at 2.8 billion USD, an impressive increase of 18% compared to 2021 and ranked in many major rankings in terms of brand value and strength. In particular, Vinamilk has surpassed 2 other big brands to take the leading position in the Top 3 most potential milk brands in the world. Vinamilk is also the only brand from Southeast Asia on these lists.

Dr To Hoai Nam: The message from the Prime Minister has given the business world the confidence to strive for excellence

At the regular Government meeting in July, Prime Minister Pham Minh Chinh shared the Government's message. Dr To Hoai Nam, Standing Vice Chairman and General Secretary of the Vietnam Association of SMEs, said that if the message "4 stabilize, 3 strengthen, 2 promote, 1 reduce, and 1 firmly does not" is carried out, it will be very easy for the Vietnamese business community to overcome and breakthrough in the future.

350 businesses from 18 countries attend the international food and beverage exhibition

Vietfood & Beverage-Propack 2022 is an annual trade promotion event of the food and beverage industry held in two big cities, Hanoi and Ho Chi Minh City.

In Hai Phong, a Vietnamese-Korean business investment connecting conference was organized

The Vietnam-Korea Investment Connection Conference, held on the morning of August 16 in Hai Phong city to commemorate the 30th anniversary of the establishment of diplomatic ties between the two countries, was presided over by the head of the Department of Planning and Investment.

"The notion of beginning a business, no matter how tiny, is valuable," says the Prime Minister

Prime Minister Pham Minh Chinh made this point while visiting the Vietnam Academy of Agriculture's event "Startup and Innovation Journey and VNUA Job Day - 2022."

5,000 firms from the supporting industry have entered the global value chain

Currently, there are over 5,000 processing firms in Vietnam that provide replacement parts for the automotive and mechanical sectors. In which 70% of firms participate in providing domestic manufacturers, 8% supply exports and 17% provide both. As a result, approximately 30% of supporting industry businesses have entered the global supply and value chains.

Masan Group was named one of the top 50 sustainable firms in 2022

Masan Group was recently named one of the Top 50 Sustainable Development Enterprises 2022 (Corporate Sustainability Awards) at the Nhip Cau Dau Tu magazine conference "Business Sustainability - Green Earth" in Ho Chi Minh City.

Binh Phuoc issues 8 ways to help small and medium-sized businesses

Recently, the Binh Phuoc Provincial People's Committee released plan No. 232/KH-UBND to help small and medium-sized businesses in the province. This is in line with the Government's Decree No. 80/2021/ND-CP from August 26, 2021, which explains and guides the implementation of several articles of the Law on Helping Small and Medium-Sized Businesses.

Nam A Bank was approved to increase its charter capital by an additional 1,900 billion VND

The State Bank of Vietnam has just approved the increase of the maximum charter capital of Nam A Commercial Joint Stock Bank (Nam A Bank) by VND 1,900 billion.

Solutions to help small and medium-sized enterprises

Mr To Hoai Nam, Standing Vice Chairman cum General Secretary of Vietnam Business Association Vietnamese small and medium enterprises, makes three general recommendations at the National Conference between the Prime Minister and businesses on the theme "Proactive adaptation, fast recovery, and sustainable development."