Though there remains six months, some banks have almost used up the assigned quota for the whole year, and experts said it would be difficult for the banks to get an expansion approval from the State Bank of Vietnam (SBV).

Workshops to promote trade and investment from Spain to the northern province of Tuyen Quang of Vietnam have been held in Madrid and Sevilla, attracting representatives from 50 Spanish enterprises.

The EU-Vietnam Free Trade Agreement (EVFTA) helps ensure the access of German products to Vietnam, as well as investment of German entrepreneurs into this increasingly important market, according to a German official. 

VOV.VN - Vietnam’s coffee exports suffered a sharp drop, in terms of both volume and value during the first half of the year, according to the General Department of Vietnam Customs.

As a European who is now proud to call Hanoi my home, I am hugely excited by the historic trade deal Vietnam inked with the EU on June 30.

The nation's total revenue from retail sales and services saw a significant growth of 11.5 per cent to more than VND23.9 quadrillion (nearly US$102 billion) in the first half of this year.

The International Labour Organisation (ILO) has welcomed the signing of the EU-Vietnam free trade agreement (EVFTA) on 30 June in Hanoi, which promotes the respect for fundamental labour rights as a basic condition for fair international trade.

Vietnam's military-run Viettel has launched ride-hailing service MyGo and e-commerce site Voso.vn after piloting them for two weeks.  

Saigon Petroleum Services JSC, which lost its biggest customer Heineken in 2016, has reported falling revenues for the 3rd straight year.  

Vietnam’s growth momentum moderated since the beginning of the year, but outlook remains positive, according to Taking Stock, the World Bank (WB)’s bi-annual economic report on Vietnam released on July 1.

According to the Vietnam Logistics Business Association, Vietnam’s logistics market has grown by about 12-14 percent annually in recent years.

Nearly 309 million tonnes of cargo were handled through Vietnam’s seaports in the first half of this year, up 13 percent year-on-year, according to the Vietnam Maritime Administration. 

A dialogue took place in Hanoi on July 1 to discuss opportunities for Vietnamese enterprises resulted from the just-signed EU – Vietnam Free Trade Agreement (EVFTA) and Investment Protection Agreement (EVIPA).

The signing of the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA) after years of negotiations will create new driving forces to lift the Vietnam-EU partnership to a higher level, said Deputy Foreign Minister Bui Thanh Son.

The signing of the European Union-Vietnam Free Trade Agreement (EVFTA) was a strong and positive sign in demonstrating Vietnam’s policy of supporting free trade, said Ousmane Dione, World Bank Country Director for Vietnam.

An investment promotion conference was held in Tokyo on July 1 where Prime Minister Nguyen Xuan Phuc said Vietnam will be the “promised land” for Japanese investors.

The Commercial Bank for Foreign Trade of Vietnam (Vietcombank) and the Japan Bank for International Cooperation (JBIC) exchanged a credit contract worth 200 million USD to fund renewable energy projects in Vietnam. 

VOV.VN -Budget carrier Vietjet Air launched two new direct flights to Japan on July 1, connecting both Ho Chi Minh City and Danang with Tokyo.

The EU-Vietnam Investment Protection Agreement (EVIPA), which was signed on June 30 in Hanoi, not only marks a new step of development in the Vietnam-EU partnership and comprehensive cooperation but also will help improve the quality of foreign investment flows into Vietnam, according to Minister of Planning and Investment Nguyen Chi Dung. 

VOV.VN - Nguyen Duc Chung, Chairman of the Hanoi People’s Committee, along with representatives from several Japan’s leading business groups, exchanged memoranda of understanding (MoUs) in Tokyo on July 1 under the witness of Prime Minister Nguyen Xuan Phuc.

VOV.VN -  Humane Society International/Europe and Humane Society International/Vietnam have cautiously welcomed the signing of the EU-Vietnam Free Trade Agreement on June 30 as a tool to tackle illegal wildlife trade.

Many leading groups and corporations of the Republic of Korea, which operate in banking, finance, electricity, retail sales, and technology, have expressed their interest in cooperation with Vietnamese partners, including FPT Corporation, in the fields of new technologies digital transformation.

VOV.VN - The EU-Vietnam Free Trade Agreement and the EU-Vietnam Investment Protection Agreement are comprehensive and high-quality deals that would bring about equal benefits to both Vietnam and the EU, according to the Ministry of Industry and Trade.

Investment protection and arbitration for EU investors in Vietnam is expected to be settled in compliance with international rules as well as legal regulations on both sides on the back of the EU-Vietnam Investment Protection Agreement.

Vietnam’s agriculture stands ready to grasp opportunities and overcome challenges from the EU-Vietnam Free Trade Agreement to boost exports to promising EU markets.

Vietnam encourages high-quality projects invested by Japanese corporations, Prime Minister Nguyen Xuan Phuc said, pledging to organise regular dialogues to tackle difficulties for Japanese investors.

The export value of wood and wood products reached nearly 5 billion USD in the first half of 2019, according to the Ministry of Agriculture and Rural Development.

The increase in Chinese FDI in Vietnam is good news, but there are many risks that need to be anticipated.

A stronger automotive industry with higher participation of foreign firms will boost the domestic auxiliary industry, businesses said last week.

The signing of the EU-Vietnam Free Trade Agreement (EVFTA) in Hanoi on June 30 after six years of negotiation is expected to serve as a lever for the growth of Vietnam’s economy and business community.