The influence of China’s stock market plunge on Vietnam is insignificant, illustrated by the rising liquidity on the first trading session on January 4.

Vietnam has set goals for GDP to grow by 6.5-7% and inflation to be kept at around 5-7% in the next five years, the Ministry of Planning and Investment said. 

The monetary market on the last days of the year was hot, with the interbank interest rate reaching the year’s peak and the dollar price hitting the ceiling. The watchdog agency had to pump a large amount of money into circulation.

Thailand is ready to carry out 24 projects worth 3.75 billion THB (about US$103.8 million) in 2016 to promote a digital economy, according to the country’s Ministry of Information and Communications. 

Vietnam suffered a massive US$32.3 billion trade deficit with China, where it imported from a needle to an elephant, in 2015.

The deficit Vietnam runs with its Southeast Asian neighbors is going up as what the country has earned from exports are eclipsed by what it has paid for imports, according to newly released statistics from the General Department of Vietnam Customs.

2015 marked the successful sixth year of Taiwan Excellence, the annual series of events by the Taiwanese Bureau of Foreign Trade (BOFT), Ministry of Economic Affairs of Taiwan (MOEA) and implemented by the Taiwan External Trade Development Council (TAITRA), in Vietnam. 

While foreign investment flows fell 12% to 20% in stock markets in the region last year, the Vietnamese market reached a capitalisation ratio of 57% of GDP and remained an attraction to foreign investors, Minister of Finance Dinh Tien Dung said.

The Government of the Philippines has set a 7% target in economic growth for the first half of 2016. 

A large off-shore natural gas reserve was discovered by MPRL E&P Pte Ltd., Myanmar’s Oil and Gas Exploration and Production Company.

Profitable shrimp farming produced a rapid transformation in the quality of life for people in the Cuu Long (Mekong) Delta region, but the unplanned expansion in production has also had negative effects on the environment and domestic shrimp trade.

The Mekong Delta province of Bac Lieu strives to rake in US$785 million from exports in 2016, up US$400 million against the previous year.

The diplomatic sector will continue fostering political relations to provide optimal conditions for the development of economic-trade ties, Deputy Prime Minister and Foreign Minister Pham Binh Minh has said. 

The margin limit for exchange rates remains at +/-3, Deputy Governor of the State Bank of Vietnam Nguyen Thi Hong told a press conference in Hanoi on January 4.

(VOV) - Drivers will start paying less at the pump for petrol effective as of 3 pm on January 4, according to a price adjustment just announced by the Ministry of Industry and Trade (MoIT).

The retail sales of goods and services saw a surge in supermarkets and trade centres across the country during the New Year holiday from December 31 to January 3.

Officials expect Vietnam’s tra fish (pangasius) export value to continue falling this year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

The northern province of Bac Ninh has become a magnet for foreign investors thanks to its attractive investment environment and synchronous infrastructure system with a series of modern industrial zones (IZ). 

Nestled in the southern gateway of Hanoi, Gamuda City, developed by Gamuda Land Vietnam, has become the prime choice for many homebuyers in the capital.

The State Bank of Vietnam (SBV) on January 4 set the daily central rate for the dong/dollar at VND21,896, the very first day it adopted a new management mechanism in the hope of giving more flexibility to the foreign exchange rate.

The Ministry of Industry and Trade has asked the Vietnam Chamber of Commerce and Industry (VCCI) and the General Department of Customs to investigate the granting of certificate of Vietnam origin for goods temporarily imported for re - export.

Vietnam needs to take measures to protect itself including aligning its economic institutions with other ASEAN nations in order to avoid the risk of economic crisis when the ASEAN Economic Community (AEC) is officially formed, according to a leading economist.

Foreign credit institutions intending to contribute to establishing non-banking financial companies will be required to own minimum US$10 billion of assets at the end of the previous year as from February 8. 

2015 has been a successful year for attracting foreign direct investment in Vietnam, with a bright future expected for 2016.

Although Vietnam embarks upon its socio-economic development for the 2016-2020 period with a string of bright achievements under its belt, enterprises are still somewhat hampered by certain hurdles that must be resolved, says Professor Nguyen Mai, former vice chairman of the Ministry of Planning and Investment.

This year, Hanoi will see breakthroughs in attracting investment capital, according to deputy director of the municipal Department of Planning and Investment Tran Ngoc Nam.

Vietnamese exporters of agricultural products must join global production chains if they are to take advantages of the opportunities of the Trans Pacific Partnership (TPP) free trade pact.

The Mining Chemical Industry Company under the Vietnam National Coal and Mineral Industries Group (Vinaconmin) has claimed 77% of the industrial explosive material market in recent years.

The government’s efforts to simplify business registration regulations, allow foreigners to own property and improve infrastructure are attracting both local and foreign investors.

Vietnam's insurance sale reached around VND68 trillion (US$2.96 billion) by 2015 end, up 21.43% year on year, the highest growth since 2011, according to latest figures released by the Ministry of Finance.