Lifting the challenge of capital for businesses

Lifting the challenge of capital for businesses

VCN - The State Bank (SBV) has granted the first credit growth limit (room) in 2023 to a number of banks, ranging from 9-13.5%, which enables businesses to access production and business activities more efficiently.
Shrimp exports face many difficulties in 2023

Shrimp exports face many difficulties in 2023

In 2023, although difficulties are forecast, the shrimp industry in the whole country still sets a target of 750,000 ha of shrimp farming area, shrimp production of over 1 million tons
Digitisation in agricultural product traceability needs joint efforts

Digitisation in agricultural product traceability needs joint efforts

Digitisation in agricultural product traceability requires the engagement and coordination of all parties, from State management agencies to enterprises, cooperatives and farmers, according to an official from the Ministry of Agriculture and Rural Development.
Vietnam posts 78.9% growth in coffee export value to Spain

Vietnam posts 78.9% growth in coffee export value to Spain

Vietnam was Spain's largest supplier of coffee (by volume) in 2022, with 113,550 tonnes worth 269 million EUR (287 million USD), up 21.6% in volume and 78.9% in value against 2021.
Vietnam’s trade with top 11 Asian markets is set to grow significantly

Vietnam’s trade with top 11 Asian markets is set to grow significantly

Vietnam’s trade with 11 other major Asian markets could rise significantly in value by 2030, according to an industry study released by UPS.
Many export items of the “USD billion " group dropped sharply

Many export items of the “USD billion " group dropped sharply

In the first 2 months of 2023, export turnover of most commodity groups decreased, except for mineral fuels.
2023 Vietnam Business Forum focuses on green growth

2023 Vietnam Business Forum focuses on green growth

The 2023 Vietnam Business Forum (VBF) opened in Hanoi on March 17 under the theme of “Business Community in Partnership with Government of Vietnam in Fostering Green Growth”.
US businesses exploring investment, business opportunities in Vietnam

US businesses exploring investment, business opportunities in Vietnam

Representatives of more than 50 US companies will visit Vietnam from March 21-22 to discuss investment and business opportunities under an annual programme hosted by the US-ASEAN Business Council.
Lending interest rates need a delay to reduce substantively and deeply

Lending interest rates need a delay to reduce substantively and deeply

VCN - According to a report by the Ministry of Planning and Investment, credit growth only increased by 0.77% by the end of February 2023, less than one-third of the credit growth rate in the same period last year.
Enterprises operate moderately and investment is limited due to difficulties in capital

Enterprises operate moderately and investment is limited due to difficulties in capital

VCN - A survey conducted by the HCM City Business Association in February 2023 of more than 100 businesses showed that up to 83% of businesses were facing difficulties.
500 fastest-growing companies in 2023 announced

500 fastest-growing companies in 2023 announced

Tin Viet Finance JSC, Dolphin Sea Air Services Corporation and VPS Securities JSC are among the top 10 in the 500 fastest-growing companies in Vietnam (FAST500) this year as announced by the Vietnam Report JSC and the VietNamNet e-newspaper on March 16.
Trade recovers strongly since reopening

Trade recovers strongly since reopening

A year since Vietnam reopened after a global pandemic, the country has seen trade recovering strongly.
Foreign direct investment projects go green

Foreign direct investment projects go green

As Vietnam has made a strong commitment to carbon emission neutrality by mid-century, foreign direct investments in the country have begun to go green to join the efforts.
Many notes for businesses when exporting seafood to China

Many notes for businesses when exporting seafood to China

VCN - According to Mr. Nam, from 2018-2022, Vietnam's seafood products exported to China the most include pangasius, shrimp, fish of all kinds (anchovies, salmon, fish cakes, beef fish), squid, octopus, crabs, and crustaceans.
Rice export is expected to achieve a big win

Rice export is expected to achieve a big win

VCN – The increasingly improved quality of Vietnamese rice exports has also contributed to increasing demand for Vietnamese rice from importing countries.
Vietnam expects to enter top 30 countries in terms of tourism competitiveness: PM

Vietnam expects to enter top 30 countries in terms of tourism competitiveness: PM

Prime Minister Pham Minh Chinh expressed his belief that Vietnam will become one of the top 30 countries worldwide in terms of tourism competitiveness, while chairing an national teleconference on tourism on March 15.
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More efforts needed to maintain export growth to China: Insiders

More efforts needed to maintain export growth to China: Insiders

Exporters should further strengthen trade connections and improve the quality of their goods to sustain export growth to China as this is no longer a "lenient" market, said insiders.
It is expected that there are higher orders and revenue in the second quarter from European businesses

It is expected that there are higher orders and revenue in the second quarter from European businesses

VCN - The Business Confidence Index (BCI) according to a survey by the European Business Association in Vietnam (EuroCham) reached 52.8 in the first quarter of 2024 - the highest level since 2022, showing increasing confidence in Vietnam's European busine
Vietnamese rice prices on the hike

Vietnamese rice prices on the hike

The prices of Vietnamese paddy and rice continued to increase last week, according to the the Vietnam Food Association (VFA).
FDI flow into garment and textile sector bounces back

FDI flow into garment and textile sector bounces back

The flow of foreign direct investment (FDI) into the Vietnamese garment and textile sector has rebounded thanks to the country’s sound investment climate and abundant workforce as well as its open economy, according to insiders.
Investors play a key role in developing the industrial park system

Investors play a key role in developing the industrial park system

VCN - Dr. Phan Huu Thang, Chairman of the Executive Committee of the Vietnam Industrial Park Finance Association, former Director of the Foreign Investment Department (Ministry of Planning and Investment), said that basically, developing an industrial par
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