Khanh Hoa tightens diverse and sensitive business types
On May 16, the People's Committee of Khanh Hoa province directed departments, branches and localities to strengthen inspection and tighten the appraisal of granting certificates of eligibility for business establishments with conditions on security and order, especially sensitive industries at risk of crime and social evils.
Chairman of Khanh Hoa Provincial People's Committee Nguyen Tan Tuan has assigned the Provincial Police to preside over and coordinate with relevant agencies to widely disseminate legal regulations for investment and business sectors with conditions on security and order.
This is to raise awareness and compliance with the law of people and businesses; mobilize businesses to strictly comply with regulations, not leaving loopholes for criminals to take advantage. See more...
Digitizing agriculture, reducing costs, improving the quality of Vietnamese rice
Yen extends its price increase for many consecutive days
According to Lao Dong, on May 16, the Yen appreciated, the USD/JPY exchange rate fluctuated around 145.00. This is the fourth day in a series of price increases for this currency.
The main reason comes from the expectation that the Bank of Japan (BoJ) will continue to raise interest rates in 2025, in contrast to the interest rate cut trend from the US Federal Reserve (FED).
Although Japan has just announced that GDP in the first quarter of 2025 decreased by 0.2% - worse than the forecast of a decrease of 0.1% and in complete contrast to the increase of 0.6% in the previous quarter - the Yen is still not affected much. See more...
927 Quang Nam enterprises closed after the first 4 months of 2025
According to a report from the People's Committee of Quang Nam province, in the first 4 months of 2025, the whole province had 444 newly established enterprises, an increase of 7.8% over the same period last year. However, the total registered capital only reached about VND 2,490 billion, down 7.5%. This shows a cautious trend in investment.
On the contrary, the number of enterprises withdrawing from the market will reach 927 enterprises, an increase of 12.9% over the same period in 2024. This figure includes enterprises that have temporarily suspended operations, are waiting for dissolution procedures and are completely dissolved.
On average, more than 230 businesses have to leave the market each month. The main reasons come from increased operating costs, difficult product output and problems in administrative procedures.
Business activities have shown signs of recovery in the number of new registrations, but the number of businesses withdrawing is still high, reflecting that the business environment still faces many challenges" - Quang Nam Provincial People's Committee commented. See more...
