Vietnam will have more electricity suppliers next year, giving local consumers a wide range of options instead of forcing them to buy from state-owned EVN, the sole supplier at the moment, an insider said.

The Vietnam Institute for Economic and Policy Research (VEPR) has announced unsatisfactory results on a stress test it conducted on 13 Vietnamese banks which hold 68.5% of the total assets of the banking system.

Many real estate projects have resumed and capital flow to the market has soared. Analysts have warned that the real estate bubble is returning.

Consumer price index (CPI) for the month of July rose in the country's two largest cities, Hanoi and HCM City, according to the statistics offices in these cities.

Vietnamese small and medium-sized enterprises (SMEs) sector, need to overcome technical barriers if they are to take full advantage of a bilateral agreement and boost exports to Japan, experts say.

Amata Long Thanh Joint Stock Company was granted an investment certificate at a ceremony held on July 22 to construct the first hi-tech industrial park in Long Thanh District in the southern province of Dong Nai. 

The Hoa Mat Troi Limited Company in Duc Trong district of the Central Highlands province of Lam Dong has exported hundreds of thousands of oncidium orchid branches to Japan.

The Mekong Development Bank (MDB) is set to merge with the Vietnam Maritime Commercial Bank (Maritime Bank) to form an institution among the country's five largest banks in terms of charter capital. 

(VOV) - The 2015 Vietnam E-Government Symposium was held July 21-22 at the New World Saigon Hotel in Ho Chi Minh City featuring the theme – Building a smart city strategy with a focus on e-government.

Dairy company DFB Hanco Nutrition will build a Codex -standard dairy and nutrition food factory that will produce 36,000 tonnes of products year, Pham Thi Kim Oanh, the company chairwoman, told a press conference in Ho Chi Minh City on July 21.

The southernmost province of Ca Mau is calling for investment for its four industrial parks (IPs), namely Khanh An, Song Doc, Hoa Trung and Nam Can from 2015-2020, according to the provincial Department of Planning and Investment.

(VOV) -Vietnam’s agriculture forestry and aquatics industries generate annual revenues of US$30 billion and should have attracted investment like a magnet— but a slew of obstacles make it a tough sell for foreigners.

A high proportion of products from distribution channels in Hanoi are locally made, unveiled by the Steering Committee for the campaign “Vietnamese people prioritise Vietnamese goods” at a press conference in the city on July 21. 

(VOV) - The Hanoi Gift Show 2015 for handicrafts, home décor products and furniture is set to get underway at the Vietnam Exhibition and Fair Centre on October 27-30.

The Philippines is unlikely to import any additional rice this year given its current abundant supply, according to a source from the country’s Ministry of Agriculture.

Vietnam’s great potential in its mounting middle income class has become a target for future merger and acquisition deals.

(VOV) - Vietnam will send a working group to the Philippines to learn tuna fishing and processing technologies, said Deputy Minister of Agriculture and Rural Development Vu Van Tam.

Vietnam is set to build a US$2.5 billion seaport in Ca Mau, its southernmost province, hoping to steal some spotlight away from the more popular regional hubs Singapore and Malaysia, local media reported.

The rising Vietnamese stock market is now attractive in foreign investors’ eyes amid the turmoil of the Chinese and European markets. But this does not mean that a price boom will occur, experts say.

Prime Minister Nguyen Tan Dung has asked the Ministry of Finance and other relevant ministries to review tax policies and fix a new import tax rate for high-powered cars.

New high-profile forecasts are painting a rosy economic picture fuelled by local on-going production and a rebound in the level of consumer consumption.

The military-run telecom Viettel is striving to become a global telecom group in civil and military fields by 2020.

Toyota Vietnam is recalling almost 4,000 cars across the country with improperly installed Takata airbags which have sparked a global recall.

(VOV) -The low-cost carrier Vietjet Air will open new routes to Seoul (the Republic of Korea) and Yangon (Myanmar), the announcement came  July 21.

(VOV) - While Vietnam’s pledged foreign direct investment (FDI) fell 22% in the five months through May from a year earlier, more and more Vietnamese businesses are ploughing money into overseas markets according to official statistics.

Enterprises in several business fields are now able to implement regulations in Decree No 60 that increase the foreign-ownership ratio in Vietnamese companies, with no need to wait for guiding documents.

(VOV) - On July 21, the Vietnam Association of Small and Medium-Sized Enterprises held a round-table seminar in Hanoi discussing Vietnam’s preferential import tariff when carrying out the 2015-2019 Vietnam-Japan Economic Partnership Agreement.

(VOV) - Vietnam Minister of Agriculture and Rural Development Cao Duc Phat on July 21 held a working session with his Lao counterpart, Vilayvanh Phomkhe on measures to bolster agri-forestry cooperation between the two countries.

The World Bank (WB) expects Vietnam’s economic growth to hover around 6-6.2 percent in 2015, underpinned by further recovery in domestic demand, robust private consumption and investment growth. 

(VOV) - The US is the biggest importer of Vietnamese garment products, according to Dang Phuong Dung, Vice President of the Vietnam Garment and Apparel Association (Vitas).