After seeing a sharp downturn in 2014, sales of fast moving consumer goods (FMCG) such as food and personal care products have recovered, growing 3.4% in volume and 4% in value in the first quarter.

Businesses and banks in Vietnam still resolve disputes through the courts, even though arbitration and mediation remain the most popular methods throughout the world in dealing with banking disputes.

Senior officials and international experts gathered at a conference in Hanoi on June 20 to seeks ways for effective industrial development in Vietnam. 

The West Australia - Vietnam Business Council (WAVBC) made it debut in Perth on June 18, aiming to provide information for enterprises of both sides and support their exchanges and promotion of business and investment ties.

Vietnam is an ideal destination for Cyprus enterprises, with great opportunities to be opened up with the signing of the Vietnam-EU free trade agreement, stated Vietnamese Ambassador to Italy and Cyprus Nguyen Hoang Long during a Vietnam-Cyprus business forum on June 19. 

(VOV) - A pilot program to export fresh lychees into Australia could open up the prospect of substantially increased Vietnamese agricultural exports to the market downunder.

A ceremony was organised in Vientiane, Laos on June 18 to mark the 16th founding anniversary of the Laos-Viet Joint Venture Bank (June 22) and the seventh founding anniversary of the Lao-Viet Insurance (LVI) Company (June 21).

The e-payment of import-export duties has increased 10% to 63% after a circular aiming to streamline tariff payment processes was enforced, an official said.

The third session of the Vietnam-South Africa inter-governmental partnership forum on economics, trade, science, technology and culture is being held in Hanoi on June 18 and 19. 

Head of the Party Central Committee’s Commission for Economic Affairs Vuong Dinh Hue hosted a reception on June 19 in Hanoi for the Republic of Korea (RoK)’s Vice Minister for Strategy and Finance Joo Hyung-Hwan, who is in Vietnam to attend the Vietnam-RoK Finance Coordination Committee’s first meeting. 

(VOV) - Vietnam will start importing its first fruit and vegetables from Australia on July 1, in a partial easing of an economic ban maintained due to the earlier detection of the fruit fly.

(VOV) - The National Institute for Finance (NIF) in collaboration with the US Agency for International Development (USAID) organized a seminar on June 19 in Hanoi to discuss the impact of the proposed Trans-Pacific Partnership (TPP) on the nation’s tax collections. 

(VOV) - Microsoft has officially launched its first Microsoft Store in Hanoi, which will provide customers with the best Microsoft products including the most popular Lumia Window Phone. 

The central province of Ha Tinh called for more Japanese investment inflows during a meeting in Hanoi on June 18.

(VOV) - The Indian Government has officially kicked off the preferential credit package of US$300 million to promote India-Vietnam garment cooperation.

The prices of milk for Vietnamese children remain the highest in the Southeast Asian region despite the falling cost of raw milk, which gives a leading local milk producer room to expand and boost supply.

Vietnamese cannot manufacture products at low costs in Vietnam but can do so in foreign countries.

Over the past 90 years, the press in Vietnam has played an integral role in the country’s economic development and investment attraction.

While many moguls are pouring huge amounts in agriculture, some investors are quietly retreating from the field.

Euro zone leaders will hold an emergency summit on June 22 to try to avert a Greek default after bank withdrawals accelerated and government revenue slumped as Athens and its international creditors remain deadlocked over a debt deal.

The free trade agreement being negotiated between Vietnam and the EU is expected to encourage businesses to reform and update technology, an important factor in promoting green growth in the country, according to the deputy chairman of the HCM City People's Committee.

The southern province of Binh Duong ran a trade surplus of nearly US$1.1 billion in the first six months of this year, according to the provincial statistics department.

The 2011-2015 disbursement of official development assistance (ODA) in Ho Chi Minh City achieved 99.5% of the original goal of about US$1.23 billion. 

The Vietbuild international exhibition—a platform to showcase the latest construction materials, technologies and interior and exterior decor products—opened in Ho Chi Minh City for the first time this year on June 18. 

The Vietnam Joint Stock Commercial Bank of Industry and Trade (VietinBank) announced on June 18 that it selected Singapore’s InterbrandPte Ltd to provide consulting services for building and deploying trade name strategies for the bank. 

(VOV) - The State Bank of Vietnam (SBV) and the Deutsche Gesellschaftfuer Internationale Zusammenarbeit (GIZ) GmbH co-hosted a seminar titled ‘Access to International Green Funds – Opportunities for Vietnam’ in Hanoi on June 18. 

(VOV) - An egg farm in Tay Ninh province has been selected as an egg supplier of world famous fast-food restaurant chain, McDonald's, in both Vietnam and Malaysia.

Vietnam recorded a trade deficit of more than US$3 billion, despite an increase in exports, in the first five months of 2015, according to the most recent statistics released by the Vietnam Customs agency. 

(VOV) - On June 18, Ho Chi Minh City People’s Committee Vice Chairman Nguyen Huu Tin worked with Korean Consul General in Ho Chi Minh City Park Noh Wan on specific cooperation measures aimed at further stepping up economic cooperation and cultural exchanges between Ho Chi Minh City with Korean localities.

The Deposit Insurance of Vietnam (DIV) and the Deposit Insurance Corporation of Japan (DICJ) recently signed a memorandum of understanding with a view to fostering dialogues and bilateral cooperation, the DIV said on June 17.