- THE MOUTHPIECE OF THE VIETNAM ASSOCIATION OF SMALL AND MEDIUM ENTERPRISES
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.
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.
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.
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.
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."
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 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.
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.
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.
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."
On August 12 in Hanoi, in front of leaders from Singapore's Ministry of Industry and Trade, Vietnam's Ministry of Industry and Trade, and Vietnam's Ministry of Transport, T&T Group and Saigon-Hanoi Bank (SHB) signed a contract with Vietnam Airlines Corporation (Vietnam Airlines) and Vietnam Railways Corporation (Vietnam Railways) for strategic cooperation (VNR). A Memorandum of Understanding was also signed by Vietnam Airlines and Vietnam Railways Corporation with T&Y SuperPortTM Company, which is a joint venture between T&T Group and YCH Group
Thanh Hoa had nearly 2,300 newly established enterprises in the first 7 months of 2022, a 31.4% increase over the same period, ranking 6th in the country in terms of newly established enterprises; 948 enterprises registered to return to operation, a 35.2% increase; and the number of enterprises registered to suspend operations decreased by 7.6%.
Vinamilk, with the cluster of Vinamilk Da Lat Dairy Farms, was one of three great firms granted the Award for its sustainable development plan and well-executed environmental protection action initiatives. The Ministry of Natural Resources and Environment has launched Vietnam Environment 2021.
Lien Viet Post Bank (LienVietPostBank) was recently recognized to acquire five key prizes for foreign card operations at the JCB Vietnam Annual Meeting. Leading Bank in Credit Card Spending Sales 2021 (Leading Licensee in Credit Card Retail Spending Volume 2021) and Leading Bank in Business Growth, Number of Credit Cards in 2021 are the two most important honours bestowed upon the bank (Leading Licensee in Credit Card Retail Spending Volume Growth 2021).
Emart Vietnam is a crucial ingredient in completing THACO Group's multi-industry concept of "one-stop, many utilities."
The State Bank of Vietnam has authorized KienlongBank's request to raise its charter capital by VND 578.4 billion by issuing shares that would pay dividends to current shareholders in 2021.
As of July 15, 2022, 850,444 businesses have signed up with tax authorities to use the service. This is 99.3 per cent of all businesses.
Hung Thinh Corporation announced the development of 150,000 social housing units, which would help to alleviate the "thirst" for homes for employees and low-income individuals.
After the publication of semi-annual financial statements, the top 10 most profitable banks in Vietnam in the first half of 2022 are still familiar names. However, the ranking of banks in terms of pre-tax profit has been messed up compared to the same period in 2021.
Bamboo Capital Joint Stock Company (HoSE: BCG) has released its consolidated financial results for the second quarter of 2022. As a result, consolidated net sales reached VND 881 billion in the second quarter of 2022, while profit after tax reached VND 354 billion, increasing 8.2 per cent and 12.4 per cent, respectively, over the same period.