Việt Nam News

Brands are looking to increase their presence in the country and to further integrate with local distribution channels

The association and its members urged the government to review the tax, which they say has placed additional burden on the already struggling industry.

This marks the second consecutive year the company has reported a positive profit after seven years of losses.

Among the main export groups, phones and components are the only products which posted a fall in turnover compared to the same period last year.

Corporate bond issuances in April jumped by 29.1 per cent from March and a striking 5.2 times year-on-year to reach VNĐ13.94 trillion.

Beverage companies are currently operating at less than 80 per cent of their pre-pandemic capacity.

Technology will allow logistics services providers to optimise their operation efficiency through smart delivery routes and a higher delivery success rate, thus, reducing logistical costs.

Four annual international exhibitions, Paper Vietnam, Rubber and Tyre Vietnam, Coatings Expo Vietnam, and Plastech Vietnam, will be held in HCM City from June 12 to 14.

The Hanoi SME Association said the city’s small and medium-sized companies contributed as much as 40 per cent of Hà Nội’s GDP last year, as opportunities opened up when the support policies from the National Assembly and government were put in place.

ENE Vietnam 2024, which is taking place at the Hanoi International Exhibition Centre, has attracted 150 international and domestic exhibitors in electric power generation, the transmission and distribution industry, electrical wires and cables and and energy-saving solutions. 

Meeting market standards and regulations, encompassing certification requirements and mandates for clean, safe, and environmentally responsible products have emerged as crucial factors for success in penetrating international markets, particularly the US, a two-day conference, titled "Penetrating Global Market with a focus on the US Market," heard in HCM City.

Circular 02/2022/TT-NHNN, which allows commercial banks to reschedule the debt repayment period and maintain the debt group for certain sectors is proposed to extend to the end of 2024 instead of ending in June.

Vietnam Airlines and its partners on May 16 inaugurated a Vietnamese tourism information centre in India.

A delegation from the European Union (EU), the Netherlands, and the Vietnamese Embassy in Singapore held a working session with leaders of the northern province of Thai Nguyen on May 16 to explore potential investment opportunities in the province.

Live streaming for the first time, Quảng Ninh, will put out video of the early ripe lychees which are grown in Uông Bí City, on the page of the provincial Centre for Industry and Trade Promotion and Development as a way of encouraging sales.

A display of the most outstanding products in key industrial sectors in HCM City is among the highlights at the International Exhibition on Industrial Machinery, Equipment, Technology and Products, or VINAMAC Expo 2024.

The PM stressed the need to prevent the exchange rate from affecting macroeconomy and inflation control, while requesting that the lending rates should be reduced by 1-2 per cent to stimulate production and trade. He set a target for credit growth of 5-6 per cent right in the second quarter.

The project is located in Long Anh Ward, Thanh Hóa City, over an area of nearly 20 hectares and with a total investment capital of VNĐ156 billion (US$6.24 million).