A Memorandum of Understanding (MoU) to promote links between Vietnamese localities and German businesses has been signed in Ho Chi Minh City.

Although supply has recently surged, there is not likely to be a real estate bubble in Vietnam, said CBRE’s Operational Director Richard Leech at a press conference in Hanoi on September 29.

The Indonesian government has announced its intent to purchase rice from Vietnam and Thailand through government-to-government deals and its representatives will soon begin negotiations.

A workshop was held in New Delhi, India on September 29 to promote Vietnamese agricultural products in the country.

(VOV) -Driven by record high growth rates ranging from 20-25% over recent years, Thai Siam Cement Group (SCG) is positioning itself to take over the Vietnam plastics industry, say leading industry analysts.

(VOV) - President Truong Tan Sang recently highlighted efforts by Vietnamese and US negotiating delegations on the Trans-Pacific Partnership (TPP) agreement  at a reception for US Trade Representative (USTR) Michael Froman on September 29 in New York City. 

(VOV) - On September 29, the Vietnam Chamber of Commerce and Industry (VCCI) held a meeting between Vietnamese businesses and Russian counterparts to share information and seek investment opportunities.

(VOV) - Vietnam’s aquatic exports hit around US$514 million in September, bringing the total export revenue in nine months to nearly US$4.7 billion, down 17.8% against the corresponding period last year.

The Euro Presse Image on September 26 ran an article on Vietnam’s preparations for the 12th National Congress of the Communist Party of Vietnam (CPV) with a positive social-economic record. 

(VOV) - Vietnam and Australia have signed a Memorandum of Understanding (MoU) on exchange of sugarcane varieties and cooperation in sugarcane disease and pest research.

Foodstuff maker Kido Joint Stock Company (KDC) on September 28 announced plans to register with the State Securities Commission to buy back 40 million shares on the open market, equivalent to 17.01% of its free float.

Dietmar Vogelmann used to work as hotel and restaurant manager in a couple of nations before the German man decided to settle down in Vietnam and open a company to sell roasted and ground coffee of Vietnam.

Bilateral and multilateral trade agreements have become increasingly imperative to the local investment arena and the capital inflow to Vietnam, and the country is almost keyed up to cash in on the new opportunities these agreements will engender.

Deputy Prime Minister and Foreign Minister Pham Binh Minh has asked the Cameroonian government to roll out critical measures to preserve the legitimate rights of Vietnamese investors, including the military-run Viettel Group those 3G project is facing difficulties.

As many as 68,000 new enterprises were established in the first nine months of this year with a total capital of VND420 trillion (US$18.06 billion), a year-on-year rise of 28.5% and 31.4%, respectively, according to the Ministry of Planning and Investment (MPI).

Additional Russian research institutes and technology companies will join the new stage of the long-term project “Russia-Vietnam: new economies”, as heard at a press briefing in Hanoi on September 28.

Domestic steel exporters are worrying about losing export markets in ASEAN as more countries have initiated dumping investigations on imports from Vietnam, Tuoi Tre newspaper has reported.

Potential for Danang to profit from trade, investment and economic integration once the Trans-Pacific Partnership (TPP) agreement comes into effect as well as investment opportunities in the US were featured at a conference held in the central coastal city on September 28.

The interest rate ceiling on US dollar deposits was reduced as of September 28, in a move to avoid the hoarding of the dollar in the domestic economy.

Low-cost airline Jetstar Pacific on September 28 announced the operation of three more domestic air routes using the 180-seat Airbus A320 plane, which is expected to boost socio-economic and tourism development in southern and central areas.

The Malaysia-Vietnam Business Forum 2015 took place in Kuala Lumpur on September 28 with the objective to provide information about Vietnam’s business and investment environment. 

The Vietnam Nittoku Limited Company of Japan inaugurated a paper material factory at the Thi Son industrial park in Kim Bang district, the northern province of Ha Nam on September 28.

Foreign direct investment capital into Vietnam’s industrial zones is expected to grow continually as manufacturing companies shift their operations to Vietnam in anticipation of a wide range of free trade agreements.

(VOV) - While Vietnam has turned into one of the fastest growing economies in Asia, the level of competitiveness in the local private sector remains a concern and needs to be addressed, especially prior to Vietnam’s global integration through various free trade agreements.

The agro-forestry-fisheries export turnover in September was estimated at US$2.15 billion, bringing the nine-month figure to US$21.65 billion, down 5% against the same period last year.

The Vietnam Oil and Gas Group (PetrolVietnam) held a ceremony to inaugurate the first stage of a gas distribution and collection system from Ham Rong and Thai Binh fields in northern Thai Binh province on September 28.

Credit in Hanoi has surged sharply, roughly doubling the average rate of the entire banking system.

According to the State Bank of Vietnam, in the first eight months of the year banking credit grew at 10.23% compared to 4.33% a year earlier. It is expected to grow at 15%-17% this year.

(VOV) - Vietnam fetched US$84 million from exporting 235,000 tonnes of cassava and tapioca products in September, bringing the total exports volume to 3.27 million tonnes worth US$1.03 billion in nine months, up 28.4% in volume and 24.3% in value.

(VOV) - Vietnam earned US$1.013 billion from Brazil and US$1 billion from Mexico in export revenue for the past eight months of this year.