(VOV) - Vietnam’s garment, fibre and fabric exports jumped 9.88% year-on-year to nearly US$20 billion in the first nine months of this year, according to Vietnam Textile and Garment Association (VITAS).

The Prime Minister has approved the project to upgrade the capacity and change the technology of the InterAsia (IA) undersea cable. This comes after repeated problems with the Asia America Gateway (AAG) cable.

The manufacturing industry is one of the three industries that will see the highest salary increase rate for the entire year of 2015.

International credit rating agencies on October 12 said the Trans-Pacific Partnership (TPP) deal was credit positive for participating sovereigns including Vietnam.

Vietnam could fullfil the import-export turnover target in 2015 if ministries and sectors continue to effectively deploy measures to support businesses with restructuring and trade operation management, Deputy Minister of Industry and Trade Tran Tuan Anh said at a conference in Ho Chi Minh City on October 12.

Vietnamese investors can transfer 5 % of their overseas projects' values in foreign currency and not more than US$300,000 towards project-related activities before getting investment licences from foreign authorities.

State offices should take strong action against counterfeit and shoddy fertiliser producers, experts said at a conference on the restructuring of the local fertiliser production in Hanoi on October 12.

The national flag carrier Vietnam Airlines operated nearly 100,000 flights safely in the first nine months of this year, up 5% compared to the same period last year, said Pham Ngoc Minh, the company’s General Director.

Small and medium-sized enterprises (SMEs) in the city are neglecting to use information and technology applications and information security, said Dang Vu Tuan, vice director of Hanoi's Department for Information and Communications.

Vietnam Prosperity Bank (VPBank) has asked shareholders to approve their plan to sell the bank's stakes in several of its subsidiaries to foreign investors, an atypical opportunity for foreigners interested in entering the market.

The Republic of Korea (RoK) is currently the largest market for Vietnam’s squid and octopus exports with 37.7% of the total share, according to the Vietnam Seafood Exporters and Producers (VASEP).

Electricity of Vietnam (EVN) is accelerating the pace of key power plant projects in October, including the 500kV Son La-Lai Chau line, 220kV Phan Thiet-Phu My 2 and Thuong Tin- Kim Dong lines, and the 110kV Muong La-Son La circuit 2.

Thailand held the "Thongfah AEC Fair 2015" in the northeastern province of Mukdahan on October 7-11 to promote domestic sales and exports of its products once the ASEAN Economic Community (AEC) is formed by the end of this year.

(VOV) - The Vietnam Association of Seafood Exporters and Producers (VASEP) anticipate shrimp exports to the US will grow following a final decision by the US Department of Commerce (DOC) to lower the anti-dumping duty on frozen shrimp imports. 

The Vietnamese Business Association in Russia (VBAR) convened its seventh congress in Moscow to review its performance over the past three years and map out goals for the 2015-2018 tenure. 

(VOV) - China has lost its competitive edge as a low-cost manufacturing hub with producers of everything from handbags to clothing to basic electronic components relocating to Vietnam economists at Savills said recently in a research report.

Though the textile, clothing, and footwear industry will supposedly benefit the most once the historic Trans-Pacific Partnership Agreement comes into force, not all industry insiders are bullish over the opportunities offered by the agreement.

Domestic paint manufacturers believe they are capable of keeping up with their foreign counterparts in what has become a fiercely competitive market, according to independent market watchdogs.

Deputy Minister of Agriculture and Rural Development Ha Cong Tuan said the Trans-Pacific Partnership Agreement (TPP) creates opportunities but also poses challenges. It will act as a reagent for Vietnam’s agricultural restructuring.

Low-cost cars with low cylinder capacity are expected to flow to Vietnam thanks to an advantageous luxury tax.

Vietnam's largest airport Tan Son Nhat, which is operating above its designed capacity, will be expanded over the next five years at a cost of VND6.4 trillion (US$283.12 million), local authorities has recently announced.

Malaysia will be the second biggest long-term beneficiaries from the recently concluded Trans-Pacific Partnership (TPP) agreement, according to Credit Suisse. 

The Lane Xang Assurance Public Insurance (LAP), a joint venture between the Vietnam Post and Telecommunication Joint Stock Insurance Corporation (PTI) and Laos Development Bank (LDB) celebrated its fifth anniversary in Vientiane on October 9.

Vietnam could experience increasing trade deficit in the initial stage of joining into Trans-Pacific Partnership (TPP) due to higher foreign direct investment.

The Trans-Pacific Partnership (TPP) deal will have a positive impact on the domestic real estate market, while the property market has recovered in the third quarter, experts said.

(VOV) - Pharmaceutical imports jumped 11.59% year-on-year to US$1.656 billion in the nine months leading up to October, according to statistics of the Vietnam Industrial and Trade Information Centre (VITIC).

The central province of Thua Thien Hue, Vietnam’s former capital city, said that it would develop collective brands for preserving traditional craft villages and serving tourism development.

Vietnam is emerging as a more attractive destination for overseas investors, the Los Angeles Times, a US-based daily newspaper, said in an article on October 8.

Vietnamese and Thai enterprises should sincerely cooperate and actively share experiences and resources towards the success of the ASEAN Economic Community (AEC), which is scheduled to take shape later this year.

(VOV) - Vietnam Glass and Ceramics for Construction Corporation (Viglacera) has just pulled the curtain back on a new type of energy efficient glass that outperforms any similar product on the market.