The foreign exchange market has stabilised after fluctuations caused by the State Bank's recent decision to devalue the Vietnamese dong by 1%, according to independent market analysts.

From the beginning of 2015 to May 20, southern Dong Nai province recorded more than US$998 million worth of foreign direct investment.

Between 60 and 70% of equipment and technologies used at export processing and industrial zones is outdated, resulting in products with low added value, the Ho Chi Minh City People's Committee has said. 

(VOV) - FPT Group, a multinational information technology company of Vietnam with branches in 14 countries, is continuing to enhance its presence in Asia with the recent launch of a new development centre in Cebu, the Philippines. 

(VOV) - Vietnamese fashion is making a play for the bedroom with new collections of under things sporting eye catching designs at value prices rapidly filling the shelves of the nation’s popular discount stores.

Prime Minister Nguyen Tan Dung on May 31 (local time) chaired a Vietnam-Algeria business dialogue in Algiers, which gathered nearly 300 enterprises from both countries.

Farmers in northern Hung Yen province have reason to cheer as their first batch of longan will be dispatched to the United States shortly. 

The Vietnam consumer confidence index is unchanged at 140.2 in May, well above its long-term average of 135.2, according to research by the ANZ Bank. 

The existence of shopping malls has been threatened by the rise of online shops.

The euro was on the defensive early on June 1 after Greece missed a self-imposed on May 31 deadline for reaching an agreement with its lenders to unlock aid, keeping alive fears of a debt default.

Prime Minister Nguyen Tan Dung urged Vietnamese businesses operating in member states of the Eurasia Economic Union (EAEU) to forge close connections with firms at the homeland, aiming to form product distribution systems and reduce risks in payment.

Japan’s Sumitomo Corporation will build an industrial park in northern Vinh Phuc province, as said in a memorandum of understanding it signed with the provincial People’s Committee on May 29.

(VOV) - The Central Highlands holds a strategic position in Vietnam’s socio-economic development, defense, and security.

Nojima Corporation, one of Japan's leading electronics retailers, has registered to buy a large number of shares of Tran Anh Digital World JSC (TAG) in an effort to raise its ownership rate to over 30% in the Hanoi-based electronics retailer.

Deposit interest rates are set to rise as growth rate of deposits has been lower than that of credit, according to a report from the National Financial Supervisory Commission (NFSC).

Vietnam boasts a huge potential for the development of convenience shopping outlets, market research company Nielsen Vietnam said in its report released during a roundtable in Hanoi on May 29.

The signing of a new trade agreement between Vietnam and Laos is expected to raise the bilateral trade to US$2 billion in 2015, heard a working session between Vietnamese State President Truong Tan Sang and Lao Party General Secretary and State President Choummaly Sayasone in Vientiane on May 30.

Vietnamese firms are joining 6,800 enterprises from more than 20 countries and territories in the 18th International Investment and Global Sourcing Fair that kicked off in Chongqing, China on May 29. 

(VOV) - HCM city-based Anh Duong Sao Co, Ltd on May 30 shipped by air the first batch of lychee to the US market, according to Hoang Trung, Vietnam Ministry of Agriculture and Rural Development (MARD) Department of Plant Protection Deputy Director.

(VOV) - Indian billionaire Kumar Mangalam Birla is mulling over a plan to invest in Vietnam to tighten his grip in the textile industry. 

San Francisco-based digital payment platform Paymentwall is among the few Silicon Valley companies to do business in Vietnam.

(VOV) - Prime Minister Nguyen Tan Dung has signed a free trade agreement (FTA) with the Eurasia Economic Union (EAEU) in Kazakhstan that is expected to open up vast opportunities and challenges for the nation over the years to come. 

Mobile broadband subscribers in Vietnam are expected to reach 90 million by 2020, given the increasing affordability of smartphones.

Between 60 and 70% of equipment and technologies used at export processing and industrial zones is outdated, resulting in products with low added value, the HCM City People's Committee has said.

(VOV) - With the support of Quang Nam’s agriculture sector, Viet Thang Trade and Import-Export Limited Company has cooperated with local farmers growing Japanese cucumbers, boosting local rural development and sustainable poverty reduction. 

The free trade agreement between Vietnam and the Eurasia Economic Union (EAEU) was signed in Burabai, Kazakhstan on May 29 after more than two years of negotiation, opening up a new chapter in the partnership between Vietnam and the union as well as each EAEU member in particular. 

The Hoa Binh Construction and Real Estate Corporation (HBC) has won the contract for the first phase of the project to expand the T2 International Terminal of Tan Son Nhat International Airport in Ho Chi Minh City. 

The Vietnam State Treasury under the Ministry of Finance was awarded the Labour Order (second class) on May 29 for its enormous efforts and achievements over the past 69 years. 

The contributions made by Vietnamese enterprises to Cambodia’s socio-economic development were praised during the product launch ceremony for the PetroVietnam Ca Mau Fertilizer Company (PVCFC) in Phnom Penh on May 28.

Ho Chi Minh City has appealed to the Republic of Korea (RoK) for investments in infrastructure modernisation, the support industry, high technology, personnel development, labour cooperation and environmental protection, the Saigon Giai phong newspaper reported.