The 2015 Food Ingredients Vietnam (Fi Vietnam) exhibition opened on May 20 in Ho Chi Minh City.

A conference on cooperatives in the agriculture sector was held on May 20 in Hanoi to review their development and plan ways to improve their effectiveness.

The Ministry of Transport has approved restructure of the air freight market by 2020 to develop the cargo transport market and increase the role of airfreight, especially in key economic zones and remote areas.

After an almost 21 year wait, the Hanoi People’s Committee has finally assigned competent bodies to issue answers regarding the future of the Red River project.

The Ministry of Agriculture and Rural Development (MARD) and China’s Ministry of Agriculture on May 20 signed a Memorandum of Understanding (MoU) to further expand cooperation in agriculture.

The Chief Representative of the Russian Trade Office in Vietnam, Maxim Golikov, has suggested that Russia and Vietnam expand cooperation in trade and investment and carry out more policies to support businesses in order to gain sustainability in trade turnover.

The ministries of Finance and Industry and Trade on May 20 enabled enterprises to increase gasoline prices by VND1,200 (six cents) per litre in the wake of increasing global fuel prices.

Southern Dong Nai province and the Bureau of Economy, Trade and Industry of Japan’s Kansai region on May 20 signed an economic cooperation framework agreement, with a focus on links in support industry. 

The Republic of Korea (RoK)’s Ministry of Strategy and Finance on May 19 approved a US$77 million loan for irrigational system upgrade projects in Vietnam’s central provinces of Thanh Hoa and Nghe An.

Low-cost airline Vietjet Air on May 20 launched their biggest-ever promotional campaign, offering 3 million tickets at a discounted price for flights until the end of 2016.

(VOV) -A Vietnam delegation led by Deputy Foreign Minister Ho Xuan Son on May 20 attended the third deputy foreign ministerial conference on East-West economic corridor (EWEC) development taking place Bangkok, Thailand, with the participation of four countries- Laos, Myanmar, Thailand and Vietnam- and Asian Development Bank (ADB) representatives.

(VOV) - The HCM City Investment and Trade Promotion Centre (ITPC) in collaboration with officials from Yangon City on May 20 co-organized a fifth Ho Chi Minh Expo at Tatmadaw Hall in Myanmar’s largest and most commercially important city. 

Vietnam has set a good example, among members of the Association of Southeast Asian Nations (ASEAN), in facilitating foreign investment, Italian businesses have opined. 

Business operation will be facilitated in Vietnam and Japan through an extended economic cooperation framework agreement between Vietnam’s Ministry of Industry and Trade and the Kansai Bureau of Economy, Trade and Industry, as determined on May 19.

The EU-Vietnam Free Trade Agreement (EVFTA) will create ample opportunities for enterprises from both sides, heard a talk on the deal held in Flamand, Belgium on May 19. 

(VOV) - Mai Kieu Lien, VinamilkChairwoman and CEO has been honoured with one of this year’s three Nikkei Asia Prizes at an awards ceremony held on May 20 in Tokyo at the Imperial Hotel. 

(VOV) - Indonesia – a kaleidoscope of culture and lifestyles – is now emerging as Southeast Asia’s largest economy creating many bright spots for Vietnamese investors in the fast moving consumer goods (FMCG) sector.

Authorities and businesses from Vietnam and Germany gathered at a seminar on May 19 in Berlin, Germany to seek ways to promote German investment in the southeast Asian country.

The first Vietnamese-raised Kobe-style beef will be sold in June in the Central Highlands province of Lam Dong with prices ranging between VND3.5 million  (US$165) to over VND5 million (US$234) per kilogram.

Ho Chi Minh City is committed to creating a favourable investment climate for foreign companies, said Tat Thanh Cang, Deputy Chairman of the municipal People’s Committee. 

(VOV) - Vietnamese living abroad remitted around US$1.4 billion to HCM City in the first four months this year, 19.6% higher than last year’s same period.

(VOV) - Since early this year, shrimp exports have dipped sharply and just reached nearly US$800 million in the first quarter, a fall of 28% against last year’s same period.

(VOV) - On May 19, Radio the Voice of Vietnam (VOV) and the Bank for Investment and Development of Vietnam (BIDV)  signed a comprehensive cooperation agreement in the 2015-2020 period. 

Analysts don’t think Tata Nano, the cheapest car model from India, would sell well in Vietnam, saying that though Vietnam is a poor country, its people only accept luxury products.

The Asia-Pacific Week (APW) was launched in Berlin on May 18, attracting a number of high-profile officials from Germany and Asian-Pacific countries alongside representatives from German enterprises.

Samsung from the Republic of Korea (RoK) began construction on a production complex across 70 hectares at a hi-tech zone in Ho Chi Minh City on May 19.

The Taiwanese motorbike producer Kymco Group officially opened its new US$20 million factory at the Dai Dang Industrial Park in southern Binh Duong province on May 19.

(VOV) - On May 19, Deputy Prime Minister Vu Van Ninh received National Assembly (NA) Speaker Chung Ui Hwa and Korean International Cooperation Agency (KOICA) President Kim Young Mok.

Sugar firms are now resorting to diverse means to grow more sustainably amid a currently tough business climate.

The central bank’s recent move to devaluate the Vietnamese dong is expected to shore up Vietnam’s exports while curbing its imports.