According to Việt Nam Chamber of Commerce and Industry (VCCI), up to 70 per cent of small and medium sized enterprises (SMEs) have had difficulties in getting loans due to not meeting the requirements of lenders.
There remains massive untapped potential for co-operation between Vietnamese and Taiwanese firms in setting up manufacturing supply chains, experts have said.
Việt Nam’s benchmark VN-Index slid on Wednesday with modest liquidity as investors remained quiet due to lack of supportive information.
The US Commerce Department said on Tuesday it would impose duties of up to 456 per cent on certain steel produced in South Korea or Taiwan that are then shipped to Việt Nam for minor processing and finally exported to the US, Reuters reported.
The ministry said in the first half of the year, IPs and Ezs attracted 340 foreign investment projects with total registered capital of US$8.7 billion.
Gold has shown it is extremely sensitive to geopolitical volatility.
Vietnamese shares were mixed on Wednesday morning, while trading liquidity remained low due to investors’ caution.
The Government should enhance macro-economy stability to strengthen the national economy before risks appear, said members of the National Financial and Monetary Policy Advisory Council at a meeting yesterday.
The Việt Nam International Precision Engineering, Machine Tools and Metalworking Exhibition opened in HCM City on July 2, showcasing smart machinery, equipment and solutions for the manufacturing industry.
Farmers in the northern province of Bắc Giang earned revenue of VNĐ6.1 trillion (US$262.6 million) from lychee this year, surpassing records in the past 60 years in terms of value.
Spanning 50ha in Cẩm Xuyên District, the Cẩm Hòa solar power plant has a designed production capacity of 50 MWp.
The country’s index of industrial production (IIP) recorded a year-on-year rise of 9.13 per cent in the in the first six months of this year, according to the General Statistics Office (GSO)’s latest report.
Many infrastructure projects in Cần Thơ have kicked off or have been completed and put into use, according to the city’s ODA project management unit.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is opening up many opportunities for Việt Nam’s agricultural products to reach global markets.
Authorities in HCM City are helping neighbouring provinces produce safe foods as 80 per cent of seafood is supplied by other cities and provinces to the city.
Vietnamese shares dropped on Tuesday as worries about the global economic slowdown and new trade tensions outweighed confidence in Việt Nam’s new trade deals.
A number of banks are introducing smart technology to tighten security and make customer transactions safer.
Vietnamese shares dropped on Tuesday morning, dragged by banks, petro firms and real estate companies.