The law-making National Assembly’s green light to the construction of Long Thanh International Airport in the southern province of Dong Nai is forecast to turn the surrounding area into a hotspot for realty investors like what happened in 2009, an expert from US-owned realty consultant firm CBRE Vietnam said this week.

The wave of investment in Vietnam’s garment and textile production shows no sign of stopping.

Lifting the foreign ownership cap will pave the way for Vietnam to achieve the much sought-after “Emerging Market” status.

The privatisation of businesses in the construction sector has been accelerated to complete the target for equitising its 19 firms nationwide.

As of June 20, Japan had invested US$37.7 billion in 2,661 projects in Vietnam, statistics from the Foreign Investment Department show.

It took less than 20 years for Vietnam, which had been saddled with an embargo by the US, to turn that country into a leading economic partner.

The Transport Ministry has proposed that Shipbuilding Industry Corporation (SBIC) be allowed to sell 70% of shares at Song Cam Shipbuilding Joint Stock Company to Damen Shipyards Group.

The southern city of Can Tho posted a higher economic growth rate than the rates of the country and centrally-run cities in the first half of this year, said a local official. 

Local exporters will earn much more if their products are put on the shelves of retail stores in Northern Europe following the expected signing of a free trade agreement between Vietnam and the European Union (EU) this year, an expert said at a conference in Ho Chi Minh City on July 3.

The conference held recently in the US by the Ministry of Finance and US partners wants to clarify Vietnam’s consistent policy of developing the market economy and the wish to attract more foreign investment, especially that from the US, according to Finance Minister Dinh Tien Dung.

Vietnam and Latin American countries have supplementary business structures, which could help boost economic development.

The fate of a multi-billion dollar steel mill project is now uncertain after its Taiwanese investors struggled to raise money for it, following several adjustments to the construction plan the past decade.

(VOV) -The Ministry of Industry and Trade (MoIT) is laser focused on expanding rice and agricultural exports to China and has appointed Deputy Minister Tran Tuan Anh to head up a delegation of trade representatives to support the effort.

The country's forestry sector grew by 8.3% in the first six months of this year, its highest-ever growth rate for a half-year period.

Investment in agriculture and rural development seems to be decreasing year by year in total socio-economic development, according to the Ministry of Agriculture and Rural Development (MARD).

The Ministry of Finance has ordered the tax department and tax offices in Hanoi and Ho Chi Minh City to publish the names of 600 businesses with the most unpaid taxes and debts this month, according to media reports.

Foreigners registered to buy 112 apartments of Vinhomes Central Park within two hours on July 1, when the amended Law on Housing and Real Estate Business came into effect.

Vietnamese businesses are showcasing their products for the first time at the 2015 Lisbon Fair held in Portugal from June 27 to July 5.

Finance Minister Dinh Tien Dung met with Paul Andrew, Senior Vice President of the US Financial Industry Regulatory Authority (FINRA) in the US on July 2.

(VOV) - Aiming to promote a healthy sustainable real estate market and increase connectivity between buyer and seller, the Vietnam National Real Estate Association (VNREA) on July 31-August 3 will stage its first-ever real estate expo.

With major foreign phone makers expanding production, Vietnam’s mobile phone industry posted strong growth in the first half of this year, the latest figures show.

(VOV) - On July 3, Prime Minister Nguyen Tan Dung attended the Economic Forum of the five Mekong Subregion (GMS) nations together with GMS leaders and approximately 200 Japanese business representatives.

The import-export turnover of goods through Noi Bai International Airport hit US$2.7 billion in the first six months of 2015, according to the Airport Customs Department.

A delegation from the northern province of Thai Binh held a working session with Singaporean enterprises in the city state on July 2 to call for investment in the Vietnamese locality. 

(VOV) - With all the turbulence in the world, Vietnam stands out with the more upbeat news flow and economic data, according to HSBC.

Vietnam's cashew exports were worth US$1.1 billion in the first half of the year, a year-on-year increase of 28.2%, according to the Vietnam Cashew Association (Vinacas).

Vietnam should build a market institution for the electricity sector if the country wants to build a competitive power market, experts said.

(VOV) - The US Global Emerging Market (GEM) will invest US$20 million in Vietnamese real estate company - Hoang Quan Company (HQC).

(VOV) - SOL Holdings VN held a ceremony in HCM City on July 2 to get an investment licence to grow, process and sell super sorghum products in Vietnam.

(VOV) - Vietnam International Motor Show 2015 is set to get underway at Vietnam Exhibition and Fair Centre in Hanoi on October 10-13.