In which, the total import-export value of enterprises with foreign direct investment (FDI) reached 182.81 billion USD, up 38.2% (equivalent to 50.56 billion USD); the import-export value of domestic enterprises was 79.93 billion USD, up 24.5% (equivalent to 15.71 billion USD) over the same period last year. In the 2nd period of May, 2021, the trade balance of goods has a deficit of 129 million USD. Generally, in the 5 months of 2021, the trade balance will have a deficit of 473 million USD. Illustration/nhandan.vn Regarding exports: The total value of Vietnam’s exports in the 2nd period of May, 2021 reached US$ 14.28 billion, up 20.1% (equivalent to an increase of US$ 2.39 billion in absolute terms) compared to the same period last year. May 1, 2021. The export value of the second period of May, 2021, fluctuated and increased compared to the period of May 1, 2021 in the following commodity groups: Textile and garment increased by USD 303 million; iron and steel of all kinds increased by 199 million USD; machinery, equipment, tools and spare parts increased by 185 million USD; footwear of all kinds increased by $182 million… Thus, in the first 5 months of 2021, the total export value of Vietnam reached 131.13 billion USD, an increase of 30.9%, equivalent to an increase of 30.96 billion USD over the same period in 2020. Statistics of the General Department of Customs also show that the export value of goods of foreign direct investment (FDI) enterprises in the 2nd period of May, 2021 reached 10.15 billion USD, up 16 6%, equivalent to an increase of $ 1.44 billion compared to the first period of the month, thereby bringing the total export value of goods from the beginning of the year to the end of May 2021 of this group of enterprises to $ 97.20 billion, an increase 36.7% (equivalent to an increase of 26.08 billion USD) over the same period last year, accounting for 74.1% of the total export value of the country. Regarding imports: The total value of imported goods of Vietnam in the 2nd period of May, 2021 reached 14.41 billion USD, an increase of 4.3% (equivalent to an increase of 594 million USD in absolute number) compared to the actual result. in the first half of May 2021. Import value of goods in the 2nd period of May 5-2021 increased compared to the previous period 1 mainly in a number of commodity groups: Computers, electronic products and components increased by 168 million USD; crude oil increased by 132 million USD; Ore and other minerals increased by 126 million USD… Thus, in the first 5 months of 2021, the total import value of the whole country reached 131.6 billion USD, up 36.7% (equivalent to 35.3 billion USD) over the same period in 2020. Import value of goods by FDI enterprises in this period reached US$9.1 billion, a slight increase of 2.6% (equivalent to an increase of US$232 million) compared to the first period of May 2021. Calculated in the 5 months of 2021, the total import value of this group of enterprises reached 85.61 billion USD, up 40% (equivalent to 24.47 billion USD) over the same period last year, accounting for 65% of the total import value. import value of the country.

5 months, Bac Ninh granted new investment registration for 52 foreign investment projects Specifically, from the beginning of the year until now, the whole province has granted new investment registration for 23 domestic investment projects with a total investment capital of 8,248,456 billion VND; granting adjusted investment registration for 36 investment projects, including 12 capital adjusted projects with the total adjusted capital increasing by VND 3,442.36 billion; adjusted 1 project for industrial park infrastructure investors with total additional investment capital of 1,180.37 billion VND, equivalent to 51.32 million USD. Accumulated up to now, Bac Ninh province has granted 1,455 valid investment registered projects to domestic investors with a total adjusted investment capital of 210,505.18 billion VND. With foreign investment projects, in the first 5 months of the year, Bac Ninh province has granted 52 new projects with a total registered capital of 320,691 million USD. Adjusted capital for 33 projects, with an increased adjusted capital of USD 43,607 million. Along with that, there were 22 times of capital contribution, share purchase and capital contribution with a value of 9,174 million USD. So far, Bac Ninh province has granted investment registration to 1,663 valid foreign investment projects with the total registered investment capital after adjustment and capital contribution to buy and buy shares, the contributed capital reaching 20,045 ,006 million USD. According to the Ministry of Planning and Investment, Bac Ninh is currently ranked 7th out of 63 provinces and cities nationwide in terms of attracting foreign direct investment. Particularly in May 2021, Bac Ninh province has granted new investment registration for 14 foreign investment projects with a total registered capital of 61,072 million USD.

Hanoi Plastics focuses on investing in developing the mold field. The key to helping Hanoi Plastics “accelerate” “Independent and proactive in technology is a big dream of many businesses. And in order to realize that dream, it is necessary to research and develop (R&D), invest in facilities and people, especially a team with good expertise, understanding background knowledge. Gathering this team, creating conditions for them to rub and resonate is a priority in the field of supporting industries today,” said Mr. Bui Minh Hai, Chairman of Hanoi Plastics Joint Stock Company. When focusing on this field, An Phat Holdings Group has researched and given clear orientations and strategies to carefully build infrastructure, invest in equipment, and apply technology for manufacturing. get important details and components for big companies. In particular, the Group has invested and turned Hanoi Plastics into an enterprise capable of designing and manufacturing all kinds of molds from super-precision to large-sized molds serving the automotive industry, but few enterprises which can be done in the country. Instead of having to cooperate with one or more third and fourth parties to design, manufacture and test molds, which increases costs and production time, the end-to-end finishing of products within the company. The company will improve quality and reduce costs. With two factories in Hanoi and Hai Duong, especially possessing a modern mold system, Hanoi Plastics is now competitive enough to strongly develop this segment. In particular, the company attaches great importance to the development of core human resources. When working with FDI customers, Hanoi Plastics completes the basic criteria required by partners, then coordinates with consultants to come up with products that exactly meet partners’ requirements. Every year, the company organizes training and retraining of key human resources, sending to participate in training courses, training with research experts and offering effective solutions in production labor. “We believe that, in order to create components with high complexity and high intelligence, the human resource strategy is an extremely important strategy,” added Mr. Hai. In addition, Hanoi Plastics plays an important role in supporting industry development programs organized by the Ministry of Industry and Trade, in order to expand, connect trade, and share experiences with many businesses and ministries. , departments, branches in the same field. The company has been actively participating in production improvement cooperation programs of the Ministry of Industry and Trade in combination with FDI enterprises. Members of Hanoi Plastics An Trung Industries Limited and Vietnam Precision Mechanics and Mold Manufacturing Company Limited (VMC) are also evaluated by FDI enterprises as excellent enterprises in their improvement and growth programs. steps in improving production capacity and quality control. Revenue plan of VND 1,900 billion in 2021 The factory is supported by foreign experts to design and install according to strict standards. In 2021, Hanoi Plastics focuses on researching and developing new products, promoting its strengths in manufacturing plastic molds and industrial products, targeting Japanese customers and FDI companies. At the same time, the company maintains and develops existing customers in the field of plastic components for automobiles – motorcycles, electrical – electronics such as Toyota, Honda, Panasonic, LG, Piaggio, Samsung, Brother, Foxconn… Especially, this is also the year the member companies of Hanoi Plastics run at full capacity, deeply participating in the value chain of supporting industries. In particular, VMC with a capacity of 230 plastic injection molds/year will meet diverse needs from customers of cars and motorbikes, to customers of printers and computers to electronic devices such as televisions and phones. An Trung Industries Co., Ltd. expands its electronic product portfolio, targeting FDI companies manufacturing mobile phones. At the end of 2020, An Trung Industries was also selected by Foxconn as a supplier. This is a new factor, opening more growth opportunities for Hanoi Plastics in 2021. To realize this strategic goal, the entire factory, infrastructure, human resources, and production equipment are synchronized according to the strict standards of customers, supported by foreign experts directly. design and installation assistance. With those steps, Hanoi Plastics sets its business plan in 2021 as revenue of VND 1,900 billion, up 78.5% compared to 2020, profit after tax of VND 150 billion, going deeper into the global value chain. .

(Source: Reuters) Sumitomo Corp. (Japan) will provide mobile service in Ethiopia through a consortium with a telecommunications service provider Vodafone Group (United Kingdom). The move will make Sumitomo the first Japanese company to enter the African market. Ethiopia has approved a license for the consortium on mobile service providers in the country. It is expected that Sumitomo will hold about 30% of the shares in the new business and invest about 8 billion USD in 10 years, including investment capital for base stations. This will be the largest foreign direct investment on record in Ethiopia. According to the plan, service delivery will begin in 2022. Ethiopia is one of the largest countries in Africa, with 112 million inhabitants. According to statistics, when the rate of mobile phone usage is only about 40%, the new consortium has seen growth opportunities in this country. In addition to mobile services, the consortium also plans to launch services in areas such as digital currency, education, and health information technology. The announcement of the cooperation between Sumitomo and Vodafone comes amid concerns in Japan, the US and the UK about the trend of Chinese companies such as Huawei Technologies and ZTE building much of Africa’s telecommunications infrastructure.

Sharing about the achievements after more than a decade of operating the factory in Dong Nai, Mr. Anup Kumar Dave – General Director of Kirby Southeast Asia Company, proudly: “We have built the Kirby brand in the area. Industry, and beyond, Kirby has cooperated to carry out a wide range of projects from large corporate clients, from multinational corporations to domestic enterprises. build more than 2,000 projects in the region “. Mr. Anup Kumar Dave has repeatedly come to Vietnam for business or travel, but starting in 2009, he really thought about coming here to live and work. At that time, he was in charge of the insulation business. “When I received an offer to work for a business in the building materials industry in Ho Chi Minh City, I immediately said yes because I liked this place. I officially came to Vietnam to work next year. 2011 “. THE SALARY SALARY WITH VIETNAM For a foreigner who first comes to work in Vietnam, encountering unexpected difficulties, or even cultural “shocks”, is unavoidable. However, Mr. Anup adapted very quickly: “There were some small difficulties but it was due to cultural differences and I was able to adapt quite quickly because I had experienced some jobs before. in a multicultural environment “. Ten years working in Vietnam gave Mr. Anup Kumar Dave a new perspective on work and life balance as well as how to improve productivity to achieve efficiency. “We have created an excellent staffing system and have been able to develop a number of markets to improve our business. However, I think that Vietnam still needs good labor law regulations. so that both employers and employees are equal and fair. This will further improve the business environment in Vietnam “, Mr. Anup emphasized. Mr. Anup Kumar Dave – General Director of Kirby Southeast Asia Company In Vietnam, Kirby Southeast Asia has been operating since 2008 with the factory located in Nhon Trach 3 Industrial Zone, Dong Nai province. The company has offices in the city. Ho Chi Minh City, Da Nang, Hanoi and Southeast Asian countries to facilitate serving the needs of customers quickly and best not only in Vietnam but also for countries in and outside the region such as Thailand. , Burma, Singapore, Malaysia, Indonesia, Philippines, Laos, Cambodia, Sri Lanka, Brunei and Australia. KIRBY WAY AND HUMAN USE VIEWS In many past conversations, Mr. Anup always emphasized that one of the keys to Kirby’s success in the development process is adhering to the company’s core values ​​and principles – ” Kirby Way ”. The Kirby Way is the driving force behind the company to focus on innovation, train people and empower people to increase engagement, connection and better decision-making for the job. From a human resource perspective, Kirby views employees as a core asset. Mr. Anup believes that organizations and businesses can only succeed if people are given the opportunity to contribute effectively and they work with full energy and enthusiasm. Kirby can only succeed, whether in Vietnam or anywhere, if it has a team of professional staff. When the team is professional, everyone will agree. In order for employees to agree, the company must have clear and commensurate regulations on rights and responsibilities. “I hope that, regardless of position in the company, each employee will get the income they deserve for their efforts,” Mr. Anup said frankly. “Besides, everyone is able to do the right thing to their ability. Make sure that employees are always working in a fair environment,” said Anup. “In the last three years, Kirby Southeast Asia has added more than 50 people every year, when we hire, we look at the attitudes and background knowledge about the job that person applies for. Good attitude, a lack of knowledge can be completely supplemented through the training process.Good attitude is a willingness to learn, take responsibility, take initiative and commit to a collective goal. “, Mr. Anup shared. The Kirby Way is the driving force behind the company to focus on innovation, train people and empower people to strengthen connectivity. From a business perspective, Kirby Way is customer-centric. “We had to change our mindset, go further to help our customers with all the support we could possibly have and even exceed their expectations,” recalled Anup thoughtfully. “There have been a few times when we have been challenged to deal with the increasing needs of our customers and we have succeeded in ensuring that the customer remains a top priority. Because there are customers. Only us, “Mr. Anup said. GENERAL DIRECTOR WITH HEAVY INDUSTRIES Before coming to Vietnam, Mr. Anup worked in India, Africa (Kenya), Europe (Italy) … His experience throughout his career was in the metal industry, Mr. Anup used to be works in hot rolled steel, cold rolled steel and aluminum and steel fabrication industries. Vietnam is the place where he stops the longest and pre-engineered steel is also an area in which he focuses a lot. In his own opinion, he thinks that the steel industry in Vietnam has grown significantly and more than doubled its production capacity within more than 10 years. This remarkable development stems from the ability of local producers to produce world-class quality. “The markets in Southeast Asia are developing but growth in Vietnam has been quite quiet over the past few years. Demand is expected to stabilize in the coming years. Product quality is sure to grow. due to rapid adoption of new production technology by manufacturers in Vietnam. Kirby has two distinct advantages in Vietnam: fixed labor costs and availability of skilled workers, “said Anup. Kumar Dave said. In our business, single-digit margins and high claims “Heavy industry is labor-intensive, the competition is huge and sometimes does not follow ethical principles,” Mr. Anup said, emphasizing: “Our industry supplies materials for operations. Capital construction dynamics are very cost- and time-sensitive, so there is a huge pressure on returns and cash flows due to delayed payments. considered unattractive In our business, single-digit margins and high claims So, higher risks and lower profits. The manager must look for other more efficient opportunities that the employee cannot intuitively understand. ” However, what he sees as his personal strength when working in heavy industry is the associates he works with. “I’m always focused on driving them to learn more and manage their time efficiently. Therefore, we focus on training and empowering employees to be more proactive in their work and commit realism. Currently, Kirby’s overall goal is to become the best pre-engineered steel building supplier in Southeast Asia, ”said Anup his secret to success. Kirby is one of the leading manufacturers of pre-engineered steel (PEB) buildings in the world. As a subsidiary of Alghanim Industries Group, Kirby is one of the few largest privately owned corporations in the Gulf region, with over 40 years of experience in manufacturing and sales in more than 70 countries. world.

The PCI 2020 report is based on feedback from nearly 12,300 enterprises, of which more than 10,700 private enterprises are operating in 63 provinces and cities and nearly 1,600 foreign-invested enterprises (FDI). ) operating in 22 localities in Vietnam. With a combined PCI score of 75.09 points in 2020, Quang Ninh is the top province in the PCI 2020 index. Dong Thap, Long An and Binh Duong are provinces with quality economic governance, respectively. highest in the PCI 2020 Rankings. The last group in PCI 2020 are Bac Kan, Dak Nong, Ha Giang, Kien Giang and Bac Lieu.

Chairman of the Vietnam Chamber of Commerce and Industry Vu Tien Loc speaking at the announcement ceremony.

The PCI 2020 survey shows that the quality of economic governance at the provincial level in Vietnam tends to improve over time. The positive movements recorded include continued decline in informal costs, continued security and order, more dynamic and proactive provincial governments, and significantly improved administrative reform. business school is increasingly equal. However, the survey results show that provincial governments need to drastically improve the transparency of the business environment, improve the quality of enforcement of the grassroots government system, and continue to promote procedural reform. and reduce the burden of inspection and examination for businesses, continue efforts to cut informal costs for businesses.

PCI 2020 chart

The results of the survey on FDI enterprises in 2020 show that Vietnam continues to be seen as an attractive investment destination, with the advantage of stable politics, more open administrative procedures, inspection, examination and Informal costs have been reduced. Foreign investors expect Vietnam to continue to control corruption, improve the quality of public service delivery, improve the system of procedures and regulations, and drastically upgrade the quality of its infrastructure.

Dr. Vu Tien Loc, Chairman of VCCI, said that PCI is an indicator of action. The PCI promotes the essential actions of the governments of the provinces and cities to improve the quality of administration and create a favorable business environment. It is the evidence-based policy development and enforcement of the results provided by the PCI. It is the exploration and development of reform ideas, good grassroots models. In fact, PCI has encouraged and spread many good practices in Vietnam over the past time.