(SGI) - Outstanding business results in 2022 were factors for investors to expect great hopes in seaport stocks in 2023. However, recent statistics show that seaport enterprises are facing turbulent times as demand has fallen all round.
(SGI) - The current global economic slowdown will greatly affect the economy of Vietnam in days to come due to increased interest rates and tightening of the monetary policy by central banks. However, we believe that the Government will find a solution to support the economy by increasing the disbursement of public investment.
(SGI) - Although the last months of the year had seen a substantial drop in export orders, the textile and garment industry, as well as the seafood industry, still ended the year with positive results.
(SGI) - The current ongoing economic fluctuation occurring worldwide is clearly affecting many export businesses in Vietnam in the last months of 2022 and is forecast to continue to affect throughout 2023.
(SGI) - The move made by some commercial banks to reduce the lending interest rate, and the decision of the State Bank of Vietnam to increase credit by 1.5% to 2% has had a positive impact on manufacturing and export enterprises.
(SGI) - The EU-Vietnam Free Trade Agreement (EVFTA) has had a positive impact on Vietnamese enterprises and exports in the last two years since it came into force. However, the market share of Vietnamese products in Europe is still rather modest.
(SGI) - Consumers across the globe have tightened spending which has led to export orders being cancelled in Vietnam, even for the coming Christmas and New Year season.
(SGI) - Even though the Covid-19 pandemic is well over and businesses are making efforts at recovery so that production can continue and jobs can be retained, other factors have now come into play.
(SGI) - The real estate market is currently facing a serious crunch, not seen in the last ten years. Both investors and real estate businesses have never faced such difficult times before.
(SGI) - Several countries are raising interest rates in an effort to curb inflation, even though higher interest rates can push economies into even deeper recession.
(SGI) - During the fourth quarter of every year most of the export companies in Vietnam find the need to step up pace in order to meet the increased demand in orders from major import markets such as the US and the European Union.
(SGI) - The wood export industry in Vietnam is facing two anti-fraud investigations from the US Department of Commerce (DOC) for plywood products and wooden cabinets.
(SGI) - All the bi-lateral and multi-lateral Free Trade Agreements (FTAs), along with the Regional Comprehensive Economic Partnership (RCEP) which came into effect on 1 January 2022, have helped in opening up the Vietnamese market to the world.
(SGI) - The current appreciation of the US dollar will certainly help export businesses to benefit more, however behind these benefits there are still many rising concerns such as the rising global inflation. It also seems that the pressure is becoming quite high on exporters for deliveries in the last months of the year.
(SGI) - People refer to the European Union (EU) export market as one market that maintains the highest and most difficult quality standards in the world when dealing with imported goods from other countries.
(SGI) - The current ongoing Russia-Ukraine conflict and the efforts of major food exporters to limit the volume in their export quota has sent food prices to skyrocket controllably.
(SGI) - Vietnam saw a strong growth in both imports and exports in the first six months of the year. Exports in the first half of the year are estimated at USD 185.5 bln, up by 17% compared to the same period in 2021.
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