Continuous process improvement 7 steps

A trader observing the market's movements on his computer. — Photo baodautu.vn After hitting a bottom of around 1,140 points in early July, the stock market had recovered for four straight sessions, with the benchmark VN-Index surpassing the threshold of 1,250 points. Notably, liquidity improved significantly last week and has now exceeded the recent 20-week average. This marked the second week of such an increase, showing that investors' interest is improving. On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index ended the week at 1,252.74 points, down 0.11 per cent. Meanwhile, the HNX-Index on the Ha Noi Stock Exchange (HNX) closed higher, up 0.73 per cent to 299.9 points. For the week, the VN-Index rose by 3.85 per cent and the HNX-Index was up 3.91 per cent. Trading value on HOSE increased by 39.2 per cent from the previous week to VND83.1 trillion (US$3.5 billion), equivalent to a gain of 47 per cent in volume to more than 3.5 billion shares. On the northern bourse, … [Read more...] about Investors’ risk appetite continues to improve this week

New regulations on inspection of imported seafood will create favourable conditions enterprises. — VNA/VNS Photo The Ministry of Agriculture and Rural Development has removed COVID-related quarantine requirements for frozen processed seafood products imported for the purpose of reprocessing for export. It issued a circular to this effect last week, and it comes into force on September 11. The ministry said it would foster exports of agricultural products by reducing the number of product categories subject to quarantine and using technology to speed up the customs process. The Viet Nam Association of Seafood Exporters and Producers (VASEP) had petitioned the Government to amend the quarantine regulations saying they were causing the seafood industry “big problems.” Products processed from animals, animal products and those containing aquatic creatures, frozen, dried, cooked, or meant for instant use, continue to be quarantined, and this means the size and number of … [Read more...] about Viet Nam set to scrap COVID quarantine for imported processed seafood

The Vietnamese manufacturing sector remained in growth territory at the start of the third quarter of the year, but there were some signs of demand softening, according to a survey released on August 8 by S&P Global. Illustrative image (Photo: VNA) S&P Global said the Vietnam Manufacturing Purchasing Managers' Index (PMI) remained above the 50.0 no-change mark for the tenth successive month in July, signalling a further strengthening of business conditions. That said, at 51.2, down from 54.0 in June, the index signalled a softer improvement. As such, output, new orders and employment all increased at weaker rates than in June. New orders increased for the 10th month running, but the rate of expansion eased to the weakest since April. New export business rose solidly, meanwhile, and at a faster pace than total new orders. The continued growth of new orders encouraged manufacturers to keep expanding production in July. Output rose for the … [Read more...] about Vietnam’s manufacturing output continues to rise

The latest figures from Thai Nguyen Department of Statistics showed that the province further secured impressive growth in its industrial production in July, with the local industrial production index surging 9.6 per cent against the previous month and showing a 15 per cent jump on-year. The province is focused on export-oriented production and increasing the number of high-tech products, Photo: Le Toan Notably, the local processing and manufacturing industry rose 10.1 per cent against the previous month and fetched 16 per cent hike on-year. Generally, in the first seven months of this year, Thai Nguyen’s total industrial production index hiked 11.2 per cent on-year compared to 9.81 per cent growth in the previous month, with that of the processing and manufacturing industry rising 12 per cent on-year. During the period, top-performing groups of items were TV cameras with 52.4 million products, soaring 32.9 per cent; earing devices reaching 35.6 million pieces, showing … [Read more...] about Thai Nguyen’s industry continues impressive growth

Workers produce electronic components at a factory in the northern province of Hung Yen. — VNA/VNS Photo The Vietnamese manufacturing sector remained in growth territory at the start of the third quarter of the year, but there were some signs of demand softening. As such, output, new orders and employment all increased at weaker rates than in June, according to S&P Global. In a survey released on Monday, S&P Global said the Vietnam Manufacturing Purchasing Managers' Index (PMI) remained above the 50.0 no-change mark for the tenth successive month in July, signalling a further strengthening of business conditions. That said, at 51.2, down from 54.0 in June, the index signalled a softer improvement. New orders increased for the tenth month running, but the rate of expansion eased to the weakest since April. New export business rose solidly, meanwhile, and at a faster pace than total new orders. The continued growth of new orders encouraged manufacturers to keep expanding … [Read more...] about Viet Nam’s manufacturing output continues to rise

The S&P Global Vietnam Manufacturing Purchasing Managers' Index remained above the 50.0 point no-change mark for the tenth successive month in July, signalling a further strengthening of business conditions. That said, at 51.2 points – down from 54.0 points in June – the index signalled a less significant improvement. New orders increased for the tenth month running, but the rate of expansion eased to its weakest point since April. Meanwhile, new export business rose solidly and at a faster pace than total new orders. The continued growth of new orders encouraged manufacturers to keep expanding production in July. Output rose for the fourth successive month. However, the rate of expansion was only marginal and the softest in the current growth sequence amidst signs of lower demand, shipping difficulties, and pricing pressure. There were signs, however, of price and supply pressures easing at the start of the third quarter. In terms of prices, the rate of input cost … [Read more...] about Manufacturing output continues to rise amidst signs of slowing growth