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

Historic Landmarks Of THP's Development

Founded in 1994, Tan Hiep Phat Beverage Group (THP) is Vietnam's largest FMCG (Fast-moving Consumer Goods) business. As a big beverage corporation in Vietnam, the development of Tan Hiep Phat is nothing short of a Vietnamese success story.

Norway's largest energy company opens representative office in Ha Noi

On May 5, Norway's largest energy company-Enquinor officially opens its representative office in Ha Noi, marking an important milestone in Norway-Viet Nam business cooperation portfolio.

Vingroup issues 525 million USD bonds on international market in May

Vingroup has just announced its bond issuance on the international market in 2022, worth 525 million USD, with the offering price of 1 million USD a bond. The issue date is expected to be in May.

Vietravel Airlines becomes official airline partner for SEA Games 31

Vietravel Airlines has become the official airline partner for the upcoming 31st Southeast Asian Games (SEA Games 31) following an agreement signed between the carrier and the organisers on May 5.

Vietnam remains potential market for Monaco investors: confab

Vietnam is currently a potential and attractive market to Monaco entrepreneurs, especially the more than 60 companies and investors of Monaco participating in an economic conference hosted by the Vietnamese Embassy in Monaco in collaboration with the Monaco Economic Board (MEB) on May 4.

Market opens on gloomy note due to weak cash flow

The markets reopened after the holiday on a gloomy note as weak cash flows dented outlook. The market’s breadth was skewed in favour of bears with decliners outnumbering advancers by 514 to 385.

VIENC and Phi Group INC have formed a strategic partnership to introduce several Vietnamese businesses to the Worldwide market

Vietnam's International Business Connection Club (VIENC) and PHI GROUP INC have agreed to collaborate on a plan to “raise money to assist Vietnamese businesses in increasing production capacity and achieving sustainable growth.” You must not only keep the local market alive, but you must also try to get into the foreign market as well.

Sao Mai Super Feed: "The card" increases pangasius quality

Sao Mai Super Feed soon dominated the market after more than 5 years in the aqua feed business (TATS), since this product was highly praised by consumers for its quality and inexpensive pricing.

Visitors are welcome to see Vietnam’s most beautiful Solar power plant

The 210MWp An Hao solar power plant (DMT) in Tinh Bien district, An Giang province, has an investment capital of approximately VND 6000 billion and is distributed over an area of roughly 275 hectares. The Sao Mai Group invested in this project, which has the potential to generate 302 million KWh of power annually.

Hana Financial acquires stake in BIDV Securities

The South Korean financial group Hana Financial Investment acquired a 35 per cent stake in BIDV Securities (BSC) on April 25.

What companies will benefit from public investment?

The implemented public investment could continue to rise in response to the National Assembly's fiscal stimulus package.

ADB: Vietnam set for a strong economic rebound

The Asian Development Bank (ADB) maintained its forecast for Vietnam’s GDP growth at 6.5 percent in 2022 and projected the economy to further expand by 6.7 percent in 2023.

Businesses propose high dividend payments to shareholders

Many businesses in the apparel sector are offering shareholders high dividend payments, leveraging buoyant performances in the past year.

Container shortage still a nightmare for enterprises

For each container of woodwork shipped from the Cat Lai port in HCMC, Vietnam to the United States, exporters have to pay up to US$25,000. Rising logistics costs and a shortage of shipping containers have put further pressure on exporters.

Drilling company to spend 13.71 million USD into new equipment

PetroVietnam Drilling and Well Services Corporation (PV Drilling) plans to purchase more machines and equipment worth 315 billion VND (13.71 million USD) to maintain its services.

Trisedco: Solving raw materialsfor the processing Industry

All pangasius components have a definite economic worth. Along with fish flesh for food processing, other materials such as fish fat, heads, bones, and skin are processed into value-added goods.

Signing the Agreement on cooperation to develop the production-consumption chain of Hoa Binh Red Grapefruit

On April 21, the Tan Lac district People's Committee (Hoa Binh) and Fusa Organic Agriculture Joint Stock Company (CP) inked a collaboration agreement to build a chain of Hoa Binh Red Grapefruit production and consumption in the district.

FLC is not permitted to plan urban and tourist development projects on Suoi Cam lake

The People's Committee of Binh Phuoc Province has published a document cancelling the policy authorising FLC Group Joint Stock Company to plan the development of a new urban area in conjunction with the Suoi Cam lake resort.

Numerous insurers expect negative profit growth in 2022

According to the Vietnam Insurance Association, given the recent emergence of negative factors affecting Vietnam's economic growth, growth in non-life insurance premiums is projected to decelerate in the coming months.

Domestic businesses to receive support to increase exports to Germany

The Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency will organise an event on April 21 to help domestic firms increase exports to the German market.