Governor of the State Bank of Vietnam (SBV) Nguyen Van Binh has set a new target to bring down non-performing loans (NPLs) to less than 3% by September.

(VOV) - Big C, a grocery and general merchandising retailer headquartered in Bangkok, has announced the grand opening of its fifth supercenter Hanoi located in Ha Dong at the Ho Guom Plaza.

The bilateral trade between Vietnam and Russia is expected to reach US$10 billion by 2020, following a Free Trade Agreement between Vietnam and the Eurasian Economic Union.

Fitch Ratings this week affirmed the ratings for four major Vietnamese banks.

(VOV) - As a result of the Vietnam-EU Free Trade Agreement (FTA), experts at a seminar on June 25 in Hanoi said the trade boom shows no signs of abating anytime soon and Vietnam’s exports to the EU could very well increase by 10% over the next ten years.

(VOV) -A Vietnam-Mozambique forum of small and medium sized enterprises (SMEs) was held on June 24 in the capital of Maputo, attended by the two nations’ business representatives from trade and investment promotion agencies and more than 50 local businesses.

(VOV) - Vietnam is an important market of Dell and the group will pour further investment into the market, said Anothai Wettayakorn, managing director of Dell Thailand and general manager for Indochina. 

Hungarian businesses were provided with updated information related to Vietnam’s investment and tariff incentive policies during a workshop held recently by the Vietnamese Embassy in Hungary and the Chamber of Commerce and Industry of Vas county. 

The Vietnamese stock market, with its small scale, is unable to absorb large amounts of shares to be sold by equitized state-owned enterprises (SOEs).

(VOV) - FrieslandCampina Vietnam (FCV) officially held an inauguration ceremony for a sustainable dairy zone in Moc Bac commune, Duy Tien district in the northern province of Ha Nam on June 24. 

Luxembourg has two investment projects in the field of information and communications in Vietnam with total capital of US$1.02 billion, taking the lead in this area among foreign investors in Vietnam.

The nation's salt industry will be restructured to add more value to its products and ensure sustainable development, the Agriculture Ministry has announced.

Ho Chi Minh City, Vietnam’s largest economic hub in the south, has attracted US$1.2 billion in foreign direct investment (FDI) in the first six months of the year, up 12.2% compared to the same period in 2014.

The progress on and quality of negotiations for an EU-Vietnam free trade agreement (EVFTA) have been ensured, making the target for the conclusion of the talks feasible, Minister of Industry and Trade Vu Huy Hoang said following his working session with EU Commissioner for Trade Cecilia Malmstrom in Brussels on June 23.

Gross domestic product (GDP) growth rate was estimated at 6.11 % in the first half of 2015, compared to the 5.18 % in the same period last year, statistics revealed at a meeting on June 24. 

Vietnam wants to cooperate with international organisations and countries worldwide to preserve endangered wildlife animals, including pangolins which are on the brink of extinction due to illegal hunting and trading for meat and scales.

(VOV) -Vietnam will hold the annual International East-West Economic Corridor (EWEC) Trade and Tourism Fair on July 30-August 4 at the Danang International Exhibition Fair Centre, organizers announced on June 23 at a press conference.

The Viet Uc Group, Vietnam’s leading juvenile shrimp supplier, is looking to receive Ca Mau province’s approval to invest in hi-tech shrimp farming in the locality.

An exhibition opened in Ho Chi Minh City on June 24 to introduce typical Vietnamese products to importers from the Republic of Korea (RoK).

(VOV) - Bac Giang lychee growers have recently secured multi-year contracts with Malaysian businesses for the sale of 520 metric tonnes of fruit.  

(VOV) - Vietnam Consumer Confidence is up 2.9 to 143.1pts in June – a new record high, according to ANZ-Roy Morgan.

Vietnam has been urged to improve the quality and designs of handicraft products with unique cultural footprints to boost their exports, given their high demand in the world market.

(VOV) - The Ministry of Agriculture and Rural Development (MARD) recently said the realization of the ASEAN Economic Community (AEC) by the end of 2015 is not a panacea for agriculture’s sustainability.

(VOV) - A technology, equipment and trade fair, known as International Techmart Vietnam - ITV 2015, will be held at the International Centre for Exhibition in Hanoi on October 1-4.

(VOV) - Vietnamese businesses joined more than 1,000 others from 39 countries worldwide in the 22nd Southern African International Trade Exhibition (SAITEX) in Johannesburg, South Africa from June 21-23.

Deputy Prime Minister Hoang Trung Hai has told the Ministry of Planning and Investment to inform relevant parties of the Vietnam-Singapore Industrial Park (VSIP) project of a halt to this planned park on Phu Quoc Island.

Legal normative documents (LND) governing business activities still lack transparency, according to a survey by the Vietnam Chamber of Commerce and Industry (VCCI).

Star Telecom (Unitel), a joint venture between Laos-Asia telecom company and Vietnam’s Viettel telecom group, officially inaugurated its 4G network service in Vientiane, Laos on June 23.

Fresh lychee for export by air will undergo quarantine procedures for free, a move meant to boost its export, especially to newly-opened markets. 

Economic reforms aim to broaden choices for residents, said Vo Tri Thanh, Vice Director of the Central Institute for Economic Management (CIEM) at a conference evaluating achievements and challenges for the Vietnamese economy held in Hanoi on June 23.