Danish businesses are willing to cooperate with Vietnamese partners in the areas of their strength, such as wind and renewable energy and clean technologies, attributing this to improvements in investment climate in the country.

Tuna exports hit nearly US$100 million so far this year, showing a sharp rise in traditional markets such as the US and Canada but a decline in the European Union. 

More than 200 businesses and businesspeople in Vietnam will be given awards for their outstanding achievements in the international economic integration process.

The State Bank of Vietnam (SBV) on May 13 dismissed rumours that it would devalue Vietnam dong (VND) by 4 percent against the US dollar (USD). 

Friendship and cooperation between Vietnam and Singapore has developed well in various fields, said Deputy Prime Minister Hoang Trung Hai, while receiving Singapore’s Deputy Prime Minister Teo Chee Hean, who is also Defence Minister, in Hanoi on May 13.

Interest rates on loans will continue to drop by at least 0.5 percent/year in May and will be kept at 12-13.5 percent for businesses, according to Vice Chairman of the National Financial Supervision Committee Dr. Le Xuan Nghia.

Hanoi’s Technology and Equipment Fair 2010 (Techmart Hanoi 2010) will be held from September 23-26.

The Vietnam Ministry of Information and Communications and the US Department of Commerce held a meeting in Hanoi on May 12 with a working group of the Vietnam-US Information Communications Technology (ICT) dialogue 2010.

The tripartite cooperation agreement between Vietnam, the Republic of Namibia and the Food and Agriculture Organisation (FAO) was officially signed at FAO headquarters in Italy on May 11.

Import-export revenue between Vietnam and members of the Asia-Europe Meeting (ASEM) hit US$22 billion in the first quarter, a year on year increase of 9.2 percent.

The world’s price of gold has set a new record, making the domestic gold prices increase sharply to VND28 million/tael, the highest level since early December last year.

The Ministry of Public Security and the Vietnam Gas Association have reached an agreement to curb crime and bad working practices in the gas business.

The Vietnam Post and Telecommunications Group (VNPT) and the US aeronautical manufacturer - Lockheed Martin Corporation, signed a contract in Hanoi on May 11 to build and launch Vietnam’s second telecom satellite, Vinasat-2.

A seminar on “Intellectual property” was held by the National Office of Intellectual Property of Vietnam (NOIP) in Hanoi, on May 12, to help Vietnam develop its socio-economy in the process of integration into the global economy.

Vietnam came third out of 17 countries involved in the latest HSBC Trade Confidence Index with 132 points, followed by the UAE on 134 and India with 133.

Vietnamese businesses will benefit greatly if the country joins the UN Convention on Contracts for the International Sale of Goods (1980) (CISG) which regulates about 80 percent of international trade transaction, experts said.

Construction work on construction of a series of infrastructure projects with funding from Vietnam’s Hoang Anh-Gia Lai group started in Attapeu province, southern Laos, on May 11.

As the domestic sugar output is not enough to meet the country’s demands, so Vietnam has had to import sugar, according to the Vietnam Sugarcane and Sugar Association (VSSA).

The UPS-Vietnam joint-stock company made its debut in Hanoi on May 11 as a result of cooperation between the US-headquartered UPS and the Express Mail Service Joint-stock Company.

Since the start of this year, Vietnam has exported more than 2.1 million tonnes of rice, earning US$983 million, according to the Vietnam Food Association (VFA).

The first wind turbine generators rolled off the assembly line owned by GE Energy on May 10 at its factory in Nomura-Hai Phong Industrial Park in the northern city of Hai Phong.

Chinese contractors GEDI and AE & Amp;E will jointly design and provide a sulfur treatment system for the Vung Ang No.1 thermal power plant in the central province of Ha Tinh.

The 2010 international and conference on telecom, IT, Internet and electronics, which will take place in Ho Chi Minh City from November 17-20, is considered to be the ever largest event and most prestigious of its kind in Vietnam.

Vietnamese ambassador to Thailand Ngo Duc Thang has paid a working visit to Thailand’s northern provinces of Nan and Chiang Rai to boost economic, trade, culture and tourism cooperation between the two Southeast Asian countries.

The two-way trade turnover between Vietnam and Cambodia in the first quarter of this year rose by nearly 130 percent over the same period last year to hit US$432 million.

More than 200 local and foreign enterprises in manufacturing industry will showcase their latest products at an international exhibition in Hanoi from May 18-21.

More than 300 senior tourist officials from 17 nations and territories in the Asia Pacific region have gathered in Hanoi for an International Tourism Conference which opened on May 10.

Vietnam’s Deputy Minister of Agriculture and Rural Development Luong Le Phuong and Egypt’s Chairman of The General Authority for Fish Resources Development (GAFRD) Mohamed Fathy Osman signed a cooperation agreement on fishery and aquaculture in Ho Chi Minh City on May 10.

The forum will discuss four main topics, the management of Asian economies, global risks, a green growth programme and a future growth programme.

The Vietnam Automobile Manufacturers’ Association (VAMA) reports that its members saw their sales in April increase by 23 percent over the same period last year to 9,551 units.