(VOV) - Apparel maker Hanesbrands (HBI) has announced a major restructuring to relocate plants and jobs to Vietnam.

The Vietnam Flour Mill-Wilmar (VFM-Wilmar) inaugurated a new wheat flour mill at the Cai Lan Industrial Park in the northern coastal province of Quang Ninh on December 3.

The People’s Committee of central Phu Yen province on December 3 granted an investment certificate to build an US$80 million tourism complex to Sunrise Vietnam Co. Ltd. from the Republic of Korea. 

Information and Communications Minister Nguyen Bac Son has signed Decision No 1798/QD-BTTTT, establishing MobiFone Telecommunications Corporation. 

State Bank of Vietnam Deputy Governor Nguyen Thi Hong has affirmed the need for Circular 36, saying the regulations would help the Vietnamese banking sector develop more safely. 

Ho Chi Minh City wants to cooperate with and learn the Belgian province of East Flanders’ experience in seaport planning and development, Vice Chairman of the municipal People’s Committee Le Manh Ha has said.

(VOV) -Leading economists say it is essential to have a separate financial system that is not run by State-owned banks to insure lending is based on merit, reduce the risk of a banking liquidity crisis and to better manage the country’s foreign exchange position.

Ho Chi Minh City, the largest southern economic hub, has attracted US$3.15 billion in foreign direct investment (FDI) in the first 11 months of this year, according to a report from the city’s People’s Committee. 

(VOV) -Vietnamese goods made up 0.7% of global exports in 2013, representing an increase of 0.4% since 2007, according to latest report by HSBC.

Petrol dealers are facing difficulties after bio-fuel E5 was sold in seven cities and provinces, including Hanoi, Danang and Ba Ria-Vung Tau, since December 1.

More and more Vietnamese businesses are visiting trade shows in Thailand to seek business opportunities, according to the Thailand Convention and Exhibition Bureau (TCEB).

The 2014 ASEAN Banker Forum was held in Ho Chi Minh City, on December 3, highlighting the prominent role of modern technologies in the development of retail banks. 

A workshop in Ho Chi Minh City on December 3 helped businesses identify their potential of resources and all possible support tools on way to achieving sustainable growth. 

Investors attending the 2014 Vietnam Business Forum (VBF) asked the host country to continuously speed up institutional and administrative procedure reforms.

Vietnam should accelerate the implementation of the national tourism occupational skills standards (VTOS) in order to increase the tourism sector’s competitiveness on the eve of the formation of the ASEAN Economic Community, delegates said at a conference in Hanoi on December 3.

(VOV) -With nearly 250 million people and the increasing travel demand, Indonesia is one of Vietnam’s most important tourism markets.

(VOV) - Early signs show that Vietnam’s economic recovery is on track, says the World Bank (WB)’s Taking Stock report, released on December 3. 

Vietnam's financial market needs US$5 billion to US$10 billion to absorb shares of State enterprises to be equitised in the future.

(VOV) - The future of Vietnam agriculture lies in an alliance with Japan, Israel and New Zealand in support of a modernized sector with improved product quality in conformity with the highest of international standards, says Dr. Tran Dinh Thien, Director of Vietnam Institute of Economics. 

(VOV) -On December 2, the Vietnamese Ministry of Finance and the German Ministry of Economic Cooperation and Development inked a 2013-2014 finance cooperation agreement in Hanoi.

Italy will increase Official Development Assistance (ODA) for Vietnam to EUR30 million (US$37.2 million), Italian Deputy Minister of Foreign Affairs and International Cooperation Benedetto Della Vedova said.

Many Vietnamese businesses are showcasing their products at the 20th International Oil and Gas Industry Exhibition and Conference (OSEA 2014), which opened in Singapore on December 2.

Kim Bao Son Vietnam, a subsidiary of the Taiwanese group Kinh Crystal International Incorporated, broke ground for its second factory producing medical gloves in the southern province of Dong Nai on December 2. 

Vietnam’s retail market continues to attract foreign investors, the Vietnam Investment Review (VIR) reported.

Direct investment from Japan to Vietnam hit US$36.5 billion by October 2014, according to statistics of the Japanese Business Association (JBA). 

Vietnam and Macedonia have signed several agreements that will boost bilateral economic ties, which leaders of both nations say are modest at present.

The Bank of Investment and Development of Vietnam (BIDV) on December 2 presented 30 computer sets to the Lao Front for National Construction (LFNC) on the occasion of the 39th anniversary of the country’s National Day.

(VOV) - The Danish Ambassador to Vietnam signed a two and one-half year agreement on December 2 in Hanoi to provide US$6.5 million to help Vietnamese small-and-medium sized enterprises (SMEs) improve energy efficiency.

The Asian Development Bank (ADB) has approved loans totalling US$230 million to support Vietnam's ongoing reforms to overhaul public finances, boost private investment, and revive its economic competitiveness.

(VOV) - The Government’s major tasks in 2015 will be primarily concentrated on ensuring macroeconomic stabilization and keeping inflation in check aiming to attract more investment and stimulate economic development.