Mould and die-making is an important support industry since their related products represent more than 70% of the components used in engineering consumer products. 

The Government hopes the new Law on Social Insurance, set to take effect from May 1, 2016, will overcome some of the fundamental shortcomings of the country’s current social insurance policies.

Vietnam and the EU will continue the 12th round of negotiations on the EU-Vietnam Free Trade Agreement (EVFTA) on March 24 in Hanoi, which is expected the last session before the negotiations are concluded and the agreement signed.

In an effort to help improve patient safety in Intensive Care Medicine, GE Healthcare, the healthcare business of the General Electric Company on March 9 introduced its new CARESCAPE R860 - an Intuitive Critical Care ventilator which uses advanced lung protection tools and an innovative user interface.

Deposit interest rates are set to fall across the board for the local banking sector, including a prediction that there should be a cut in a open-market operations interest rates to at least 4.5 % a year by the end of 2015. 

Foreign investors may wholly own securities and fund management companies in Vietnam from this year, Deputy Minister of Finance Tran Xuan Ha stated at a recent conference.

Acronis, the world leader in new generation data protection based in Russia, has announced its expansion plans in Vietnam.

More than 2,055 firms had completed procedures to dissolve their companies and 14,040 firms suspended operations in the past two months of 2015, signifying respective increases of 8.7% and 25% compared to the same period last year, according to newswire dddn.com.vn.

Foreign direct investment into Vietnam via mergers and acquisitions is on an upward trend, underlining the growing appetite among foreign companies to acquire stakes in existing companies as the fastest way to strengthen their foothold in the country.

A draft law that could allow Vietnamese to play in casinos is expected to earmark Vietnam as a high potential market for casino operators.