(VOV) - As Vietnam shifts to mass production, cooperatives are asked to adapt to new market mechanisms and international economic integration to help boost agricultural production. 

The cost for trade disputes in the US paid by Vietnamese enterprises has totalled US$60 million.

FPT Information System (FPT IS) launched the financial management information system (FMIS) for the National Treasury of the Royal Government of Cambodia early this week.

Thares Punsri, chairman of Thailand's National Broadcasting and Telecommunication Commission, said he hoped to sign a memorandum of understanding with Vietnam on telecoms and information technology.

Administrative reform in agriculture should focus more on people and enterprises by issuing practical documents facilitating agricultural production and serving the integration process, stated Minister of Agriculture and Rural Development Cao Duc Phat. 

Some 63% of Vietnamese people are choosing domestic products, doubling the rate from before the campaign “Vietnamese people use Vietnamese products” was launched six years ago, a senior official said, quoting the 2014 survey. 

Connectivity for Central Highlands economic development, especially in terms of infrastructure, tourism and value chains of several farm produces, was the dominant topic of a workshop held in Buon Ma Thuot city in the Central Highland province of Dak Lak on July 24. 

Vietnam’s consumer price index (CPI) was at 10-year low in July, gaining only 0.68% from the end of 2014, the General Statistics Office (GSO) revealed on July 24. 

Ho Chi Minh City plans to disburse another credit package worth VND127,333 billion (US$583.6 million) this year to provide preferential loans for local enterprises. 

Hanoi and Ho Chi Minh City are still the most important cities for milk powder sales, while smaller cities/towns and rural areas also play an equally important role, according to a survey released by Nielsen Vietnam on July 22.

Free Trade Agreements (FTAs) have increased in recent years, posing numerous opportunities and challenges for Vietnamese enterprises since tariffs are no longer a barrier. However, the liberalisation of services and investment is much harder to achieve.

The Formosa group of Taiwan (China) is expected to seal an investment deal with the Japanese-based JFE Steel Corporation in August to jointly carry out its steel complex in central Ha Tinh province’s Vung Ang Economic Zone. 

(VOV) - On July 24, President Truong Tan Sang attended an inaugural ceremony for the expanded construction of a steel plant invested by Japanese steelmaker Vina Kyoei in the Phu My I Industrial Park in Tan Thanh district, the southern province of Ba Ria-Vung Tau.

(VOV) - When it comes to high-tech agricultural innovation, the smart money is on the Central Highland province of Lam Dong where farmers seek big markets with strong growth prospects. 

The first seven months of 2015 marked a significant flow of foreign investments to the Southeast region, Sai Gon Giai Phong newspaper reported.

Hanoi is keen to foster trade with Italian enterprises, including businesses from Lazio region, and pledges to facilitate conditions for the businesses to do long-term operation in the city.

More work needs to be done to ensure that the ASEAN Economic Community (AEC) integration that commences this year will actually bring about a stronger and more prosperous region, the Philippines’ Manila Times quoted a senior financial institution official.

(VOV) - Vietnamese tra fish exports to the UK have obtained a stable and high growth over the past three years and the country ranks fourth among importers of Vietnamese tra fish in the EU.

A first-eve decree on special incentives for foreign agricultural projects is tabled to help Vietnam attract more investments in this sector.

Many investors have registered to develop railways, airports, seaports and highways, but developing infrastructure, a lucrative business field, only suits financially powerful investors.

Power tariffs will be reduced from the current six levels to three or even one level in the future, Minister of Industry and Trade Vu Huy Hoang said.

An International Exhibition on Plastics, Packaging and Rubber opened at Ho Chi Minh City's Saigon Exhibition and Convention Centre on July 23.

The launch of an e-Regulations system is viewed by experts and users as a boost to Vietnam's business and investment environment.

The Indian Ministry of Commerce and Industry will push clearance for the structure to promote investments in Cambodia, Laos, Myanmar and Vietnam (CLMV), according to local newspaper.

(VOV) - Vietnam is one of the world’s largest rice producers but an increase in the number of storms exacerbated by extensive flooding brought about by climate change is destroying the livelihoods of the nation’s rice farmers.

(VOV) - The Vietnam Chamber of Commerce and Industry (VCCI) and the World Bank (WB) on July 23 unveiled a report titled “Vietnam in Transition – Changing Attitudes to the Market and the State (CAMS) – Perception of a number of Vietnamese people in 2014”. 

(VOV) - The Ministry of Finance (MoF) and the World Bank (WB) on July 23 co-hosted a high-level dialogue meeting of the Public Finance Partnership Group (PFPG) in Hanoi with a focus on promoting PFPG activities in 2015-2016, restructuring state-owned enterprises (SOEs) and  reforming tax/custom procedures.

Vietnamese consumer confidence index dropped by 4.5 points to 138.6 points in July, still exceeding the 2014 average of 133.3 points and higher than the figure in the same period last year, according to a report published by ANZ Bank on July 22. 

(VOV) - Vietnam’s total import-export revenue jumped 12.7% to US$171.69 billion from early this year to July 15, according to latest statistics released by the General Department of Vietnam Customs.

(VOV) - The Republic of Korea’s Ottogi Vietnam Co, Ltd has signed a contract to build a food & beverage plant in Yen Phong Industrial Park (IP) in the northern province of Bac Ninh.