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. 

PTV, a logistics company from the Republic of Korea (RoK), recently signed a Memorandum of Understanding (MoU) with Inha University in Incheon City on the establishment of a scholarship fund for Vietnamese students. 

Moody's Investors Service said on June 18 the Middle East Respiratory Syndrome (MERS) outbreak in the Republic of Korea (RoK) is a credit negative for the country as the virus has weakened consumer sentiment in Asia's fourth-largest economy.

The factory of today is on its way to becoming the factory of the past and we shouldn’t be surprised by this. 

Vietnam-based budget airline VietJetAir signed a firm contract at the Paris air show on June 17 for six additional Airbus A321 single-aisle jets worth US$682 million at list prices to meet demand on some of its busiest routes.

Vietnam gained growth in the export value of wood in the first five months of this year, raising expectations of reaching the yearly export value target in this field.

M.I.K Corporation has got an investment certificate to develop a five-star hotel on nearly four hectares at Bai Dai Eco-tourism Park on the resort island of Phu Quoc off mainland Kien Giang Province.

Enhancing financial support for small- and medium-sized enterprises (SMEs) businesses was the main focus of a conference held by Ho Chi Minh City’s Association of SMEs and the municipal Department of Industry and Trade on June 17.

The China Business Association in Ho Chi Minh City has expressed its interest in being a bridge for home firms to import farm produce in bulk from the Mekong Delta city of Can Tho, its President Miao Ren Lai told Can Tho authorities in a working session on June 17.

The Vietnam National Oil and Gas Group (PetroVietnam) has taken over three Chevron subsidiaries in Vietnam, namely Chevron Vietnam (Block B) Co. Ltd., Chevron Vietnam (Block 52) Co. Ltd. and Chevron Southwest Vietnam Pipeline Co. Ltd.

(VOV) - The revenue for the Bank for Investment and Development of Cambodia (BIDC) for the five months leading up to June climbed 27% on-year, according to Nguyen Dinh Duong, the bank’s general director.

(VOV) - Vietnam’s combined imports and exports to Japan is forecast to reach US$30 billion in 2015, an increase of US$2 billion when compared against last year, according to Ministry of Industry and Trade (MoIT). 

A variety of fertilizer brands and plant protection products will be showcased in Ho Chi Minh City, the organising board said on June 17. 

(VOV) - Hundreds of leading brand names from around the globe were on hand for the kick off on June 17 of the 2015 Vietnam International AutoExpo at the Vietnam Exhibition and Fair Centre in Hanoi.

(VOV) - The Vietnam-Eurasian Economic Union Free Trade Agreement (FTA) signed on May 29 is expected to offer vast opportunities for businesses operating in Vietnam’s garment and textile industry.

Vietnam’s Aroma and Intensity coffees produced by the Sobica Joint Stock Company were recognised at the first international roasted coffee competition in France. 

The Vietnamese retail market, analysts say, is still being over-estimated by investors. 

(VOV) - Since a free trade agreement between Vietnam and the Eurasian Economic Union (EAEU) was signed, many businesses in Ho Chi Minh City have stepped up their investment in Russia. 

(VOV) - Soon after Vietnam signed a free trade agreement with the Eurasian Economic Union EEU, domestic steel businesses are likely to compete fiercely with foreign rivals, especially those from Russia and the Commonwealth of Independent States which are enjoying zero duties.

Automobile manufacturers and importers in Vietnam have protested a new proposal from the Ministry of Finance which seeks to change how luxury tax on cars is calculated.

Although listed among the top 10 textile and garment exporters worldwide, Vietnam is seeing its domestic market increasingly controlled by foreign brands.

China, Japan and other Asian buyers of Vietnamese coal can expect more uncertainty in the volume of shipments this year as scorching weather linked to the El Nino phenomenon raises domestic power consumption to a record, adding pressure on regional supply of the fuel.

Only when foreign enterprises sufficiently fulfill the conditions prescribed by Vietnamese investment legislation in compliance with the provisions of international treaties to which Vietnam is a signatory shall they be permitted to conduct commercial assessment services.

Business executives met with Vietnamese commercial attaches and counsellors who will soon be stationed in India, the US, Belgium, Sweden, Egypt, Mexico, Morocco, and Japan at a meeting in HCM City on June 16.

As a trade deficit pressure on exchange rate has been predicted, the State Bank of Vietnam is actively operating a forex policy consistent with trade deficit and economic growth.

Although the local media has reported that Thailand's Central Group has purchased 49 per cent of Pico, the representatives of either party have yet to confirm the deal. Pico is one of the five largest electronics retailers in Hanoi.

The Vietnam Competition Authority has warned consumers to be careful when shopping via television channels (TV shopping) as it may pose a threat to their consumer rights.

A conference was held in Hanoi on June 16, scrutinising the establishment of ASEAN Economic Community (AEC), a pillar of the ASEAN Community that will be formed by the end of this year, and Vietnam’s preparation for its involvement in the community.

The southern province of Kien Giang has grown by an average of 11.4% between 2011 and 2015, with marine-based economy making up 75.6% of its gross domestic product (GDP) .

(VOV) - Japan’s Ministry of Agriculture, Forestry and Fisheries has granted a license to Vietnamese mangoes from Xuan Loc district, Dong Nai province, to be imported to the Japanese market.