Danang and its Japanese business association will host the Vietnam-Japan Culture Exchange and Cuisine Festival on July 16-17, vice director of the city's Foreign Affairs Department Mai Dang Hieu said on July 7.

The export value of seafood in the first half of this year grew strongly due to a sharp increase in shrimps and prawns.

Only two of 13 Vietnamese registered victories in the first round of the Vietnam International Tennis Federation's U-18 tournament, in Can Tho City's Sports Complex on July 7.

There is no need to worry about credit growth in foreign currencies in the first half of this year as the ratio of dollar loans versus mobilisation is within its safe threshold.

Vietnam spent nearly US$500 million in the first half of 2014 to import 25,000 completely built units (CBU) cars, an increase of 44.4% in volume and 53.9% in value year-on-year, according to the General Statistics Office (GSO).

The rising demand of foreign direct investment enterprises for raw materials has given local companies the chance to become suppliers, but they must be more active in the race.

Small and medium-sized enterprises (SMEs) are still not prepared for the Vietnam – EU Free Trade Agreement that is expected to be signed this October, officials warned.

International Grandmaster Le Quang Liem will lead the Vietnamese team at the 2014 Chess Olympiad, which will take place in Tromso, Norway, from August 1 to 14.