(VOV) -Vietnam has moved up 1 notch to 55th from last year’s 56th – in the latest global prosperity index released by British think tank - Legatum Institute.

(VOV) - US businesses have presented an antidumping and counterveiling duty petition to the US Department of Commerce (DOC) and the US International Trade Commission (ITC) against circular welded carbon steel pipes (CWP) imported from five countries, including Vietnam.

The Ministry of Public Security has commenced legal proceedings against 16 ex-officials at a Vietnamese bank for activity that allegedly caused a total loss of over U$S448 million to the state budget last year.

Vietnam invested a total of US$2.4 billion in 18 projects in Russia by end-September, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

The ANZ-Roy Morgan Vietnam Consumer Confidence Index gained 5.8 points to 141.1 in October, rising well above the long-term average of 135.9.

Though local state-owned enterprises wishes to sell stakes in banks to which they contributes capital, no foreign investors want to buy such stakes unless the foreign ownership limit at banks is lifted.

Fitch Ratings has affirmed Vietnam's long-term foreign and local currency issuer default ratings (IDRs) at ‘BB-' with a stable outlook.

Many products in Vietnam are facing the risk of their market shares and revenues narrowing down due to anti-dumping investigations and lawsuits.

Mercedes-Benz Vietnam (MBV) is extending a warm welcome to all visitors and customers to its booth at the 2015 Vietnam Motor Show (VMS), where 20 Mercedes-Benz cars are displayed to mark the company’s 20th anniversary milestone here in the country.

Vietnam’s industrial parks, offices, residential areas, and resorts are expected to benefit the most in the real estate sector when the Trans-Pacific Partnership (TPP) agreement comes into force.

Vietnam’s demand for coal serving power generation is expected to rise by five million tonnes in 2016, said Nguyen Van Bien, Deputy General Director of the Vietnam National Coal-Mineral Industries Group (Vinacomin).

The State Bank of Vietnam (SBV) will keep a close watch on the development of domestic and global macro economies and monetary markets to assure synchronous exchange rate management, said SBV Deputy Governor Nguyen Thi Hong.

Vietnam's foreign exchange rates fluctuated greatly in the third quarter, influenced by global currency volatility resulting in a negative impact on earnings of many listed companies. 

The Vietnam – China trade fair opened in the northern province of Ha Giang on November 2, featuring 500 booths by exhibitors from northern Vietnamese provinces and China.

The banking system is racing against time as its major restructuring enters its last phase. 

Japan’s Satake Corporation aims to invest in the Mekong Delta city of Can Tho’s agricultural equipment, General Director Nguyen Trong Hieu told municipal authorities on November 2.

The garment and textile sector is expected to surge in the fourth quarter of this year thanks to Vietnamese enterprises receiving stable export orders until the year-end, said Nguyen Tien Vy, head of the Planning Department under the Ministry of Industry and Trade (MoIT), on November 2.

The Prime Minister has ​issued an action plan to realise the automotive industry development as part of the Vietnam Industrialisation Strategy (VIS).

(VOV) - Auchan Holding has started developing its first supermarket chain in Vietnam as part of its planned expansion into the country, said company officials at a November 2 press conference in Ho Chi Minh City.

The Vietnam E-commerce and Information Technology Agency (VECITA) under the Ministry of Industry and Trade set a goal to get 30 percent of Vietnamese people shopping online by 2020. 

(VOV) - In terms of total downloads of videos, the biggest country for YouTube is still far and away the US, however it has seen big gains in viewer and subscriber growth in Vietnam over the past year.

Vietnam is likely to attract US$22-US$23 billion worth of foreign direct investment this year, thanks to a strong on-year surge of 40.8% to US$19.3 billion in registered foreign capital during the last ten months.

The chairman of the Vietnam Asset Management Company (VAMC) has recommended the National Assembly issue special legal regulations to expedite the current sluggish sales of non-performing loans (NPLs).

Vietnamese textile and garment stocks may receive a boost after Vietnam completes free trade agreements with other countries and organisations, experts said at a recent meeting.

Demand for Vietnamese forestry products, excluding wood, has increased on the world market, though these products need to improve their quality to meet strict international manufacturing standards.

The government has approved the Ministry of Agriculture and Rural Development (MARD) plan to amend Decree 36/2014/ND-CP to resolve difficulties of management offices, enterprises and farmers in implementing the decree over the past one year.

Can Tho attracted 10 projects with a combined capital of US$20.6 million in the first 10 months of the year, according to Nguyen Van Hong, Director of the city’s Department of Planning and Investment.

US-based new generation data protection company Acronis has announced a partnership with NTS Group to distribute its products and solutions in Vietnam. 

Singaporean Genesis Global Capital and Phuc Khang Corp signed an agreement on November 1 to develop a green residential building project in Ho Chi Minh City.

Vietnamese exporters have not used websites effectively for their operations, while small and medium-sized enterprises (SMEs) have made full use of e-commerce.