VOV.VN - The fallout of the UK referendum to leave the EU has led to uncertainty and volatility in the Vietnam financial markets, with the greatest impact to date being the depreciation of the British pound.

The Law on Deposit Insurance should be amended to give the Deposit Insurance of Vietnam (DIV), a non-profit State financial organisation, more independence in managing risk at credit institutions. 

The US is working to ratify the Trans-Pacific Partnership (TPP) agreement, US Ambassador to Vietnam Ted Osius told President of the Vietnam General Confederation of Labour (VGCL) Bui Van Cuong at a meeting in Hanoi on August 10.

The HCM City authorities' plan to put 23 land plots in advantageous positions, called ‘golden land plots’, into auction this year. Only a few Vietnamese enterprises are financially capable of buying the land.

While foreign investors are lining up to invest in new wind farms in Vietnam, numerous previously licensed wind farms are long delayed in construction or had their investment certificates revoked.

Two major foreign banks active in Vietnam have warned of the upside risks to inflation in the second half of this year, giving limited scope for monetary easing.

GE in Vietnam has officially received the investment certificate for transferring Doosan Engineering & Construction Heat Recovery Steam Generator (Doosan E&C HRSG) manufacturing and projects in the central province of Quang Ngai’s Dung Quat economic zone to GE Vietnam.

Vietnam has recently been designated one of the five key markets in a three year program in a new Polish trade promotion effort. 

Daesang Corp, a Korean food-making conglomerate, has yet to complete its purchase of an almost full stake in Vietnamese sausage producer Duc Viet Food Joint Stock Company, which was rumoured to be finished by August 5.

The Index of Industrial Production (IIP) in Ho Chi Minh City expanded by 7.05% in the first seven months of 2016

As many as 43 State-owned enterprises (SoEs), including six corporations, were cleared for equitisation in the first seven months of this year, according to the Finance Ministry on August 10.

The southeastern province of Ba Ria – Vung Tau on August 10 organised a conference in Ho Chi Minh City calling for investment in four major areas. 

Ambassador Nguyen Nguyet Nga, senior advisor to APEC Vietnam 2017, shared Vietnam’s experience in joining the Trans-Pacific Partnership (TPP) deal during a seminar held in Jakarta, Indonesia on August 10.

VOV.VN -  Vietnam has all the opportunities it needs to be a success story, according to an article entitled “Whether Vietnam will become a new tiger economy in Asia”, published this week in Russia’s finance and economics online newspaper, vestifinance.ru.

The Vietnam Coffee and Cacao Association (Vicofa) has proposed to the State that it launch credit support for local coffee firms competing with foreign companies.

Prime Minister Nguyen Xuan Phuc has emphasised the need for the central province of Quang Ngai to intensify its competitiveness in investment promotion.

Tourism is a remarkable contributor to Vietnam’s economic growth.

VOV.VN - Following three decades of market reform and trade liberalization, Vietnam has emerged as one of Asia’s most dynamic economies, said speakers at a recent business forum in Hanoi discussing the impact of the Trans Pacific Partnership (TPP) on the domestic agriculture and food industry. 

VOV.VN - One of the biggest trade shows in Vietnam for those involved in the food and drink industry has opened its doors at the Saigon Exhibition and Convention Centre in Ho Chi Minh City.

VOV.VN - Around 30% of the Vietnamese population will carry out online transactions in the next five years, according to a master plan on e-commerce development approved by the Prime Minister.

Multiple Vietnamese state-owned enterprises (SOEs) are withholding information required by state law to be publicly disclosed, symptomatic of the lack of transparency in the country’s public sector.

Entrepreneurs running around 100 start-ups will present their products and innovative ideas to convince investors to invest in their businesses at the 2016 Start-up Exchange to be held in HCM City late August.

A report from the World Bank shows that Ho Chi Minh City had 8 million people in 2014 and the figure will rise to around 10 million by 2020. The city promises attractive opportunities for service companies, including coffee chains.

The UK’s Standard Chartered Bank anticipates Vietnam’s economic growth will be 6% in 2016 and 6.6% in 2017, Saigon Giai Phong (Liberated Saigon) newspaper reported. 

The State Bank of Vietnam (SBV) will closely watch credit growth and direct the credit flow into production in the remaining months of this year.

Mergers and acquisitions (M&As) have become popular in the Vietnamese market due to the country’s deeper integration into the global economy in recent years.

The US Department of Agriculture (USDA)’s Animal and Plant Health Inspection Services (APHIS) has proposed allowing the import of fresh mangoes from Vietnam into the US. 

VOV.VN - Vietnamese businesses will have an opportunity to showcase their products at the Vietnam Fair in Japan's largest eco-friendly shopping center - AEON Lake Town Saitama on September 2- 4. 

On January 6, 2015, Air Mekong officially left the aviation market after two years of halting operation for restructuring the fleet. The failure of the airline was not only bad news for its shareholders, but also for passengers as well. 

Honda Vietnam, the local subsidiary of the multinational conglomerate Honda, managed to rack up even more profit in 2015, despite a saturating motorcycle market.