The southern metropolis Ho Chi Minh City is set to face intense competition over human resources once the integrated ASEAN Economic Community takes shape later this year, heard a seminar in the city on August 25.

A business delegation from Taiwan (China) visited Ho Chi Minh City on August 25 with the aim of seeking investment and trade opportunities, especially in the fields of production and retail.

Improving business environment is vital to increase competitiveness for enterprises, especially in the light of international integration, heard a workshop in the Mekong Delta city of Can Tho on August 25.

Prime Minister Nguyen Tan Dung chaired a meeting with representatives of several ministries and agencies to evaluate impacts of the world’s fast-changing economy on the domestic economy. 

(VOV) - On August 25,  Ho Chi Minh  City hosted a seminar discussing the role of business in agriculture and new rural development and encouraging businesses to invest in the field.

The greenback rate remained at the ceiling price on August 25 despite the State Bank of Vietnam (SBV)’s August 24 announcement of no adjustment to the VND/USD rate through early 2016.

Experts advised shrimp farmers to produce high-quality products with competitive prices to weather the current declining exports during a workshop in Ho Chi Minh City on August 24. 

(VOV) - Central Danang city is willing to offer the best possible conditions for businesses to enhance competitiveness and soundly develop.

Foreign investors are showing interest in Vietnam’s infantile solar power sector, although a lack of state support mechanisms may hinder progress.

Authorities in the Mekong Delta province of Tra Vinh have agreed with their Binh Duong counterparts on building a Vietnam-Singapore Industrial Park, with three of its kind already formed in the country.

Vietnam risks missing its target of divesting stakes of state enterprises this year, another setback to a decades-long program, with a stocks selloff in the region also posing a hurdle to the country’s privatization goal.

Some international institutions have predicted that the dong will depreciate by 5% this year, while economists have urged the government to devalue the currency by more than 10%.

(VOV) - Vietnam’s import and export revenue in the first seven months of this year grew by 12.4% to US$187 billion, according to statistics released by the General Department of Vietnam Customs.

Singapore-headquartered property developer CapitaLand is confident that its Seasons Avenue apartment project in Vietnam’s capital city would be another success story, thanks to the recovering local real estate market and a well-grounded partnership with a local business.

The country's crude oil export value had fallen sharply by nearly US$2.5 billion in January-August 15 due to the slumping oil price globally, according to the General Department of Customs.

The Hoa Lac Hi-Tech Park (HHTP) is calling for projects on researching, applying and developing advanced technologies in a bid to help foster hi-tech industries nationwide.

Government Decree 60/2015/ND-CP on scrapping foreign ownership limit in Vietnam’s securities market, which will take effect on September 1, is expected to create huge opportunities for the Southeast Asian country to attract foreign investment, heard a recent seminar in Singapore.

The Vietnam Fisheries International Exhibition (Vietfish) opened at the Saigon Exhibition and Convention Centre in Ho Chi Minh City on August 24.

Many large-sized commercial banks have no scope for credit growth for the last months of the year, as they have used nearly all the quota allowed by the central bank. 

The Bank for Investment and Development of Vietnam (BIDV) on August 24 signed a pact with Kyoto Bank on serving its Japanese business clients operating in Vietnam. 

Many small banks want to increase their capital but have failed to do so, according to independent market watchdogs. 

(VOV) - Japan and four Southeast Asian nations along the Mekong River Basin – Vietnam, Laos, Myanmar and Thailand – have approved a plan to speed up industrial development in the region.

(VOV) - Tapioca exports have shot up 35.4% in volume and 31% in value year-on-year in the seven months leading up to August, driven mainly by an import surge from China, the Ministry of Agriculture and Rural Development (MARD) has reported.

(VOV) - Over the past five years, the news has become increasingly filled with stories about manufacturing shifting from China to Vietnam, perhaps no more evident than in the footwear industry.

Vietnam’s exports to the United Arab Emirates (UAE) hit US$3.463 billion in the first seven months of this year, up 23.37% year on year, reported Nhan dan (People) daily. 

The central city plans to cooperate with the Danang FPT Software company in conducting a Japanese language training programme for information technology (IT) students at colleges throughout the city.

Apple is reportedly following administrative procedures to set up a business in Vietnam. Opinions from well-informed circles say Apple has been working in Vietnam for about one year and has nearly 100 workers.

The changes to the housing law allowing foreigners and Viet kieu (overseas Vietnamese) to buy houses in Vietnam (from July 1) has had an impact on the housing market.

After the strong depreciation of the Chinese yuan, steel industry insiders have warned local steel producers that Chinese steel products could flood the Vietnamese market, causing difficulties for them.

Enterprises from Hanoi hope to find more business opportunities in the textile, garment and footwear industries in Eastern European countries in the future.