Vietnamese and foreign firms are increasingly resorting to arbitration for settling disputes related to mergers and acquisitions, experts told a conference in Ho Chi Minh City on December 20.

Vietnam relies heavily on imported machinery and equipment from China, and experts are worried the country might become a landfill of outdated technologies, urging measures to tighten the import of second-hand machinery and equipment.

Many commercial banks raised deposit interest rates in recent months, triggering worries about the increasing pressure on the lending rates.

The Vietnamese Government will issue a resolution on promoting the development of parts-supplying industry, heard a conference held by the Government Office in Hanoi on December 19.

The three unsold packages for leasing advertising space on Ho Chi Minh City’s public buses will be put up for auction for a fourth time this month following three earlier unsuccessful attempts, according to the municipal Department of Transport.

Vietnam picked up two bronze medals at the Asian Continental Chess Championship, which closed on December 18 in Manila, the Philippines.

Vietnam finished second out of 60 countries and territories at the 18th World Pencak Silat Championship, which concluded in Singapore on December 17.

Vietnam lacks an overall strategy to promote the sustainable development of domestic trade in the context of deep international integration, heard a conference held in Hanoi on December 18.

Paintings portraying the landscapes of two cities, Hanoi and Kampen, are being shown in an ongoing exhibition entitled Hanoi – Hoang Ha Tung – Kampen in Kampen, Netherlands.

Vietnam’s tra fish export value has exceeded US$2 billion for the first time, with the figure hitting US$2.05 billion in the first 11 months of this year, a year-on-year increase of 27.4%, according to the General Department of Customs.