Việt Nam News

Weak purchasing power in the domestic and international markets caused a decrease in consumption volume and selling prices of several goods in the first half of this year

The volatility and unpredictability in global markets may have caused challenges for many industries, including woodworking, but offered opportunities to agile businesses, according to experts.

The Vietnam Association of Small and Medium Enterprises (VINASME) and the Association of Chartered Certified Accountants (ACCA) recently signed a Memorandum of Understanding (MoU) on strategic co-operation, aiming at improving the capacity and development of financial accounting and auditing human resources in small and medium-sized enterprises (SMEs) in Việt Nam.

Reducing cost is top priority for Vietnamese businesses as high inflation has affected 94 per cent of businesses surveyed in 2022, according to a new study by the Singapore-based United Overseas Bank (UOB).

The movement is also in line with the newly passed Law on Consumer Protection, which was approved by the National Assembly in June.

After reducing expenses, Vincom Retail’s net profit was VNĐ1 trillion, an increase of 29 per cent on-year. 

Prime Minister Phạm Minh Chính has ordered assistance to firms at risk of losing their farm produce shipments to the United Arab Emirates (UAE) market.

There are about 3 million ginseng plants in the district to date, covering a farming area of 810ha.

Any increases in electricity prices must be studied carefully, especially in the context that firms are striving to recover production and business.

Enterprises must strictly comply with the requirements of key export markets in terms of origin traceability and production procedures to be able to expand exports.

Shares reversed course to end lower on Tuesday, pressured by the selling force hitting a series of large-cap stock groups at the final minutes of trading session.

Bamboo Airways has operated its first direct flight connecting the capital city of Hà Nội and Lijiang city in China’s Yunnan Province.

Upon landing at Darwin airport at 6.30pm (local time), after a flight duration of four hours and 40 minutes, the passenger was transported to a nearby medical facility for treatment.

VUIHOC, an educational technology (EdTech) start-up, on Monday announced a US$6 million investment in a Series A funding round led by TNB Aura.

Saigon Co.op opened four Co.op Food stores in HCM City, Biên Hòa city in Đồng Nai Province and Thanh Hóa city in the namesake province late last week.

The National Payment Corporation of Việt Nam (NAPAS) in co-ordination with the Việt Nam Bank for Social Policies (VBSP) has launched NAPAS 247 Quick Transfer and NAPAS 247 Quick Transfer via VietQR Code on the bank’s mobile banking app (VBSP Smartbanking).

Besides maintaining stable business operations, SeABank also increased its charter capital to more than VNĐ24.5 trillion and cut loan interest rates many times to support production and business, contributing to economic recovery.

The sustainable development efforts have been carried out by SABECO from within the business to the community, as part of the company's commitment to sustainable development revolving around four pillars of 'Country, Culture, and Conservation and Consumption'.