Growing ‘stars in the midst of difficulties

Growing ‘stars in the midst of difficulties

The Covid-19 pandemic has pushed a series of businesses into unprecedented difficulties, but other businesses can successfully reverse the flow thanks to unexpected advantages
Ho Chi Minh City

Ho Chi Minh City's economic motivation from import and export activities

VCN - The year 2021 was a year full of difficulties and challenges for the socio-economic development of Ho Chi Minh City due to the great influence of the Covid-19 pandemic.
MARD seeks solutions on refrigerated container shortage and high rental prices

MARD seeks solutions on refrigerated container shortage and high rental prices

To support the export of agricultural produce, the Ministry of Agriculture and Rural Development (MARD) has proposed the Ministry of Transport find solutions to the problem of a shortage of refrigerated containers and excessively high container rental prices.
US anti-dumping decision poses threat to Vietnamese raw honey businesses

US anti-dumping decision poses threat to Vietnamese raw honey businesses

Since the US Department of Commerce decided to apply the highest ever tariff rate (over 412 per cent) for raw honey imported from Việt Nam, which exports more than 90 per cent of its honey to the US, small honey companies have been like a beehive under attack.
Support policies are “taking effect”

Support policies are “taking effect”

VCN – As another year of Covid-19 has passed, most enterprises are still negatively affected. However, supportive policies have been issued simultaneously and are gradually taking effect on enterprises, bringing expectations of recovery and development in
Vietnam has 683,600 operational firms: economic census

Vietnam has 683,600 operational firms: economic census

As of December 31, 2020, Vietnam counted 683,600 operational enterprises, up 35.3 percent from 2016, the 2021 economic census revealed.
Vietnam ranks third worldwide in terms of rubber export value

Vietnam ranks third worldwide in terms of rubber export value

Vietnam ranked third in the world in terms of rubber export value, with 3.24 billion USD in 2021, up 36.2 percent from the previous year, the Ministry of Agriculture and Rural Development (MARD) said.
Vietnam looking to expand export to Eurasian market

Vietnam looking to expand export to Eurasian market

Being flexible in accessing distribution systems, overcoming logistical difficulties and making good use of free trade agreements (FTA) are important factors for Vietnamese goods to better access the Eurasian market in the coming time, said insiders.
Directing cash flow to priority areas, preventing bad debts from increasing

Directing cash flow to priority areas, preventing bad debts from increasing

VCN - In 2022, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu said that the main focus of monetary policy is directing capital flows into production and business, while handling and preventing bad debts.
ADB, TPB sign US$25 million loan to finance women-led SMES in Vietnam

ADB, TPB sign US$25 million loan to finance women-led SMES in Vietnam

The Asian Development Bank (ADB) signed a US$25 million loan with Tien Phong Commercial Joint Stock Bank (TPB) to expand access to finance of women-owned and led small and medium-sized enterprises (WSMEs) in Viet Nam.
Domestic firms urged to engage more in Vietnamese startups

Domestic firms urged to engage more in Vietnamese startups

Domestic corporations are urged to invest more in Vietnamese startups which has mostly drawn attention from foreign venture capital investors, heard at a talk on investment prospects in the innovative startup market in Ho Chi Minh City.
Foreign capital still "flooding" into Vietnam

Foreign capital still "flooding" into Vietnam's banks

VCN - In 2022, the most notable factor might be the deal in which VPBank sells 15% of the parent bank's shares, which is expected to take place in the first quarter of 2022.
Vietnam’s exports rise sharply in 2021

Vietnam’s exports rise sharply in 2021

Vietnam earned nearly 336.25 billion USD from exports in 2021, up 19 percent from the previous year, the Ministry of Industry and Trade (MoIT) reported on January 9.
Ministry to help local firms to join FDI multinationals’ supply chains

Ministry to help local firms to join FDI multinationals’ supply chains

The Ministry of Industry and Trade (MoIT) has said this year it will closely coordinate with several foreign multinationals like Samsung and Toyota to connect with local suppliers of materials and accessories, in an effort to seek alternative supply for imports in both short and long terms.
Need to improve legal framework to support investment in real estate, preventing economic bubble

Need to improve legal framework to support investment in real estate, preventing economic bubble

This is the opinion of Mr. Neil MacGregor, General Director of Savills Vietnam, in an interview with the press about the prospects and trends of the real estate market in 2022.
Vietnam needs to build linkages in organic farming

Vietnam needs to build linkages in organic farming

Vietnam needs to build linkages and investment plans in developing production and consumption of organic products, experts say.
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Vietnam remains attractive destinations for Japanese IT firms

Vietnam remains attractive destinations for Japanese IT firms

Link Station, one of the IT companies in Japan’s Aomori prefecture, has an ambitious plan to develop its branch in Vietnam into one of its central offices in Southeast Asia.
Pepper exports decrease in volume, increase in value

Pepper exports decrease in volume, increase in value

Vietnam exported 83,067 tonnes of pepper worth 352 million USD in the first four months of this year, down 19.4% in volume but up 10.3% in value, the Vietnam Pepper and Spice Association (VPSA) has reported.
Open credit flow to support import and export

Open credit flow to support import and export

VCN - Weak demand, reduced orders, pressure from trade defense... thereby leading to a series of financial difficulties for import-export businesses. Therefore, the credit flow to support import and export needs to "flow" properly and meet the needs of bu
Import turnover increases by US$13.5 billion

Import turnover increases by US$13.5 billion

The import turnover remained at two digits. In particular, many groups of commodities reach billions of USD such as computers, electronic products and components; machines, equipment and components.
Green production, trade will help wood industry increase export: Viforest

Green production, trade will help wood industry increase export: Viforest

Viforest is encouraging businesses to ensure green production, green trade and digital transformation. The association has been conducting many trade promotion activities at home and abroad to seek more customers and orders.
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