(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.
Vietnam's central bank said late on September 27 it was abolishing the interest rate ceiling on dollar deposits offered by banks to organisations and companies, which previously stood at 0.25%, in an attempt to avoid dollar hoarding.
Central Thua Thien-Hue province broke ground on Chan May Port’s wharf No. 3 on September 26, which is expected to be capable of handling ships with a loading capacity of up to 50,000 deadweight tonnage.
Deputy Prime Minister Hoang Trung Hai attended a ceremony in the northern province of Hung Yen on September 26 to open a 52-kilometre section of the expressway linking Hanoi and the northern port city of Haiphong.
The sixth industrial promotion conference for southern localities convened in southern Ba Ria-Vung Tau province on September 25 focused on hastening promotion activities towards the impending ASEAN Economic Community.
Some 300 enterprises groups and associations are showcasing their products at the Vietnamese Goods Identity Week - Pride of Vietnamese Goods fair, which opened on September 27 in Hanoi, the central coastal city of Danang and Ho Chi Minh City.
Low-cost carrier VietJet Air’s additional brand new A320 craft landed at Tan Son Nhat International Airport on September 25, the eighth among 100 planes ordered from Airbus - the European aviation giant.
(VOV) - Meat and poultry exports have remained weak over the past five years even though Vietnam’s farmers have been among the largest producers in Asia, according to official statistics of the Food and Agriculture Organization (FAO).
Farmers in the Mekong Delta are "crying" because of the drop in prices for agricultural products such as rice, pitaya, and sweet potatoes. At the same time, shrimp breeders are suffering because of crop disease and the sharp fall of prices, the lowest in many years.
A provision contained in the Housing Law two months ago allowed foreigners to buy houses in Vietnam, but most real estate developers still have few foreign clients.
The northern Hanoi Stock Exchange has seen the debut of Cam Ranh port, the second state-run port operator, coded as CCR on the Unlisted Public Company Market (UPCoM).
Vietnam received an estimated record US$9.65 billion in actual foreign direct investment (FDI) so far this year, with strong inflows going to the manufacturing sector, a key driver for the country's economic growth.
Hanoi-based Building and Infrastructure Development Company teamed up with Japan Construction Management Corporation and PricewaterhouseCoopers in order to increase its competitiveness and reach its ambition to become of Vietnam’s largest construction firm.
Ministers from the Asia-Pacific Economic Cooperation (APEC) Forum gathered at a meeting in the Philippines on September 25 to seek support policies for micro-small-, small- and medium-sized enterprises (MSME) to enter the global market.
The failure to keep up with market demand and underperforming trade promotional programmes are hindering the development of Vietnam’s agriculture, as heard at a recent conference on agricultural product consumption in Ho Chi Minh City.
(VOV) - There is great untapped potential for cooperation between the US and Vietnam, President Truong Tan Sang said on September 25 at a business forum convened on the sidelines of a UN Summit in New York.
While it currently runs only one outlet in Ho Chi Minh City, French supermarket chain operator AuchanSuper has plans to increase the number to 17 in 2016, a top executive said.
The economy of the southern province Binh Duong in the first nine months of 2015 grew 11.3%, the fastest year-on-year increase in three years, according to a report released by the provincial People’s Committee.
Small- and medium-sized enterprises still face difficulties in trying to access loans and do not have too many options with regard to channels for mobilisation of capital.
(VOV) - With the launch of Apple’s flagship IPhone 6S and IPhone 6S Plus, some Vietnamese phone enthusiasts have gone to extreme lengths to procure one.
(VOV) - If Vietnam businesses want to take full advantage of the EU-Vietnam Free Trade Agreement (EVFTA) tariff reductions, they need to focus on complying with the rules of origin said Claudio Dordi at a seminar on September 25 in Ho Chi Minh City.
Socio-economic development in Ho Chi Minh City in the past nine months continues to progress across fields, as reported at a regular conference in the southern hub on September 24.
(VOV) - The Vietnam-Canada Business Council in collaboration with the Vietnam Embassy convened a business forum in Toronto on September 24, attracting nearly 80 business men and women along with a large number of government officials.
(VOV) - In the first 9 months of this year, the country’s exports rose by nearly 10% to nearly US$120.7 billion while imports jumped by 16% to US$124.6 billion, pushing the trade deficit up to around US$3.9 billion.
(VOV) - The Republic of Korea (RoK) Injae Corporation plans to build a processing and packaging factory in the Mekong delta province of Dong Thap for the export of Cao Lanh mango to Korea.
(VOV) - A contract on transaction advisory for the e-Government procurement project (e-GP) was signed in Hanoi between the Project Management Unit (PMU) under the Public Procurement Agency (Ministry of Planning and Investment) and Pricewaterhouse Coopers Vietnam Ltd (PwC Vietnam) on September 24.
Starbucks’ announcement to sell Vietnamese coffee at more than 21,500 shops in 56 countries is good news, but it also reveals weaknesses of the Vietnamese coffee industry, according to Dien Dan Doanh Nghiep (Business Forum) Newspaper.
Vietnamese customers, who expect to buy milk at cheaper prices after the world price drop began earlier this year, have swallowed a bitter pill when realizing that they had paid more than they should have for the dairy liquid.
(VOV) - In recent years, Vietnam’s overseas direct investment has increased. Vietnamese enterprises have expanded their markets contributing greatly to national growth and raising Vietnam’s prestige in international economic integration.
Vietnam is considered a bright spot among emerging markets together with Hungary, Romania, Poland and the Czech Republic with its high and stable growth rate, according a recent article posted in the UK’s Financial Times.