Strong headwinds for mcdonalds

The Business Climate Index is the leading indicator of the European business and investment community in Vietnam. European businesses in Vietnam expressed their positiveness about Vietnam’s prospects for green growth, according to the latest Business Climate Index (BCI) released by the European Chamber of Commerce in Vietnam (EuroCham) and YouGov Vietnam. CEOs of European businesses gather an event in Ho Chi Minh City last April. Photo: EuroCham According to the BCI, nearly 80% of participants said their assessment of Vietnam’s green development potential improved from the first quarter of this year. About 44% of the respondents have good and excellent outlook regarding the potential for Vietnam’s green and sustainable development. Regarding the link between green growth and foreign-direct investment (FDI), nearly 90% of the respondents believed Vietnam should accelerate green sector development to attract more foreign investment. EuroCham Chairman Alain … [Read more...] about European businesses positive about Vietnam’s prospects for green growth

At the  HCMC Party Committee's 13 th  meeting (photo:SGGP) Tomorrow, the one-day conference will concentrate on the discussion and assessment of reports relating to implementation results of the socio-economic plan and the Party building work in the first six months of 2022, solutions that will be carried out in the second half of the year. According to the Ho Chi Minh City People's Committee, in the first six months of the year, Ho Chi Minh City's socio-economy continued to recover strongly with V-shaped growth and it has been maintained stably. HCMC continues to well control the Covid-19 pandemic situation, consolidate the conducted health strategy, and associate the health strategy with other strategic activities and plans. Many cultural, literary and artistic activities brought pervasiveness, especially programs to celebrate public holidays. As for the diplomatic task, political security and social order and safety have continued to be maintained. In the first six months … [Read more...] about 15th plenary conference of HCMC Party Committee to open on July 5

View of the online conference between the Government and the localities related to the city’s socio-economy. The proposal was released by chairman Mai at an online conference between the Government and the localities related to the city’s socio-economic reports in the first six months and assigned missions in the second half of the year, implementing resolutions of the third plenary session of the 15th-tenure National Assembly on July 4. Chairman of the Ho Chi Minh City People’s Committee Phan Van Mai speaks at the conference. At the city’s working place, chairman Mai informed prompt and comprehensive recovery of the city's socio-economy and it is expected to reach the growth as the pre- Covid-19 pandemic period. Specifically, the city’s economic growth in the second quarter surged by 5.74 percent and up to 3.82 percent in the first half of the year. The budget revenue has reached 61.7 percent which would promote the whole year’s economic growth to 6-6.5 percent. … [Read more...] about HCMC proposes Government promulgate implementation resolution of Ring Road 3

The administration said thanks to proactive moves to ensure material supply for manufacturing and diversify export markets, local businesses have maintained the strong recovery trend and enjoyed good exports growth. They exported over USD 1.95 billion worth of goods in H1, rising 23.26% from a year earlier and equivalent to 50.74% of this year’s target. Meanwhile, the import turnover stood at USD 1.26 billion. The People’s Committee noted though there remain difficulties in export markets and goods flows, thanks to the experience gained during the long social distancing period in 2021, businesses have gradually ensured material supply and kept supply chains uninterrupted, thus fulfilling export orders. Meanwhile, the index of industrial production increased 22% year on year in the six months, helping Binh Phuoc achieve a growth rate of 6.91% to rank second the southeastern region and 35th in Vietnam. In particular, the processing - manufacturing industry expanded by 23.4% and … [Read more...] about Binh Phuoc posts nearly USD 700 million in H1 trade surplus

RECMA - a worldwide research company specializing in agency evaluation recently published a report about agencies in the Vietnam market. In this report, Brancher.X is rated first among the "Top 5 High Profile Agency" (Top 5 most capable agencies in Vietnam). RECMA is an independent research organization that makes assessments about the Agency market. Every year, RECMA publishes ranking of Media Agencies in 60 different markets around the world. In 2022, RECMA's market report assessed the major media agencies in Vietnam, and Brancher.X was selected as Agency with the highest business momentum and potential in the Vietnam market. Recma Ranking VietNam Market 2022 (Source: Report from RECMA 2022) This result is based on many evaluation criteria such as client portfolio growth, growth rates, expert staff, changes and stability of CEOs and head of expertise, competitiveness in pitches, market share, awards… With the rigorous survey of RECMA, Brancher.X was rated as the top Media … [Read more...] about Brancher.X rated the most capable Media Agency in Vietnam by RECMA

Frozen shrimp production at a factory in the Mekong Delta province of Hau Giang. (Photo: VNA) HCM City (VNA) – Vietnam’s aquatic exports spiked 40% year-on-year to reach nearly 5.8 billion USD in the first half of 2022, the Vietnamese Association of Seafood Exporters and Producers (VASEP) has reported. The country earned more than 3.2 billion USD from aquatic exports in the second quarter of 2022, an increase of 36% from the same period last year. According to VASEP, shipments of shrimp picked up 7% – a quite modest pace – to total 450 million USD as a result of input shortages. Though, the sector experienced a strong growth of 33% in H1 to bring home 2.3 billion USD, accounting for 40% of the total seafood exports. Several producers have raised the shipments of high value-added processed shrimp products, instead of raw ones, to major markets like Japan, the US and the EU as a way to address input shortages. Exports of lobster posted a record-high 30-fold surge … [Read more...] about Aquatic exports spike 40% in H1

The factory of the Far Eastern New Apparel Vietnam Co. Ltd in Bac Dong Phu Industrial Park of Binh Phuoc province (Photo: VNA) Binh Phuoc (VNA) – Binh Phuoc , a province in the southern key economic region , recorded a trade surplus of nearly 700 million USD in first half of 2022, according to the provincial People’s Committee. The administration said thanks to proactive moves to ensure material supply for manufacturing and diversify export markets, local businesses have maintained the strong recovery trend and enjoyed good exports growth. They exported over 1.95 billion USD worth of goods in H1, rising 23.26% from a year earlier and equivalent to 50.74% of this year’s target. Meanwhile, the import turnover stood at 1.26 billion USD. The People’s Committee noted though there remain difficulties in export markets and goods flows, thanks to the experience gained during the long social distancing period in 2021, businesses have gradually ensured material supply … [Read more...] about Binh Phuoc posts nearly 700 million USD in H1 trade surplus