The southern province of Ba Ria – Vung Tau is working to draw more investment from Japan as it defined the country as one of its future strategic investors, said the provincial Department of Planning and Investment. 

VOV.VN - Non-cash transactions would help cut down costs for both customers and firms while enhancing transparency in business operations and the economy at large, Deputy Prime Minister Vuong Dinh Hue said at a workshop held in Ho Chi Minh City on June 11.

The State Bank of Vietnam (SBV) must take action to ensure 90 percent of the Vietnamese population over the age of 15 have bank accounts by 2030.

With huge potential for wind power development, Vietnam will be an attractive investment destination if it has a stable and long-term legal framework, said Director for Asia at the Global Wind Energy Council (GWEC) Liming Qiao.

More and more businesses from the Republic of Korea (RoK) are coming to Vietnam to operate in supporting industries.

Only three state-owned enterprises (SOEs) got the nod from authorized agencies for their equitisation plans in the first five months of this year, lifting the total number of companies to have plans approved by the end of May 2019 to 30, according to the Ministry of Finance.

VOV.VN - Only 30 - 40 per cent of local firms have utilized opportunities arising from the free trade agreements Vietnam has signed, though the deals are reckoned to present an array of business chances.

According to experts on geology and minerals, Vietnam's rare earth reserves are large, but have not been exploited effectively or exported.

High solar irradiance and wind flow velocity are factors making Vietnam`s renewable energy advantages.

A wide range of fertilisers, agricultural machinery, packaging equipment, pesticides and and other products are on display at the third international exhibition for the fertilizer and pesticide industry at an expo that opened in HCM City on June 11.

Việt Nam has become the second largest exporter of lychees in the world, accounting for 19 per cent of the global market share, according to the International Society for Horticultural Science (ISHS).

SEA and Grab from Singapore, Woowa Brothers from the Republic of Korea and Go-Jek from Indonesia are fighting for market share.

Cross-ownership in the country’s banking system had almost been eliminated, a recent report by the State Bank of Vietnam (SBV) showed.

Deputy Prime Minister Vuong Dinh Hue hosted a reception for Nike Vice President Chris Helzer in Hanoi on June 10.

All public debt indicators were under strict control and fell within the permissible limits set by the National Assembly’s Resolutions as of the end of 2018, according to the Finance Ministry.

VOV.VN - Minister of Planning and Investment Nguyen Chi Dung has pledged to consistently facilitate capital inflows into the country’s innovation ecosystem.

Vietnam’s real estate-tech-retail giant Vingroup started construction on its smart phone factory - the second of its kind - in Hanoi on June 10.

The Ministry of Industry and Trade (MoIT)’s key task is to evaluate the building and adjustment of policies to support the development of the digital economy, according to Deputy Minister Cao Quoc Hung.

Many of Vietnam’s agricultural products, especially rice, vegetables and cassava, have faced barriers preventing their export to China, according to the Ministry of Agriculture and Rural Development (MARD).

More than 10 key agricultural products of Vietnam are being sold across 160 countries and territories worldwide.

VOV.VN - Sharp fluctuations in the global foreign exchange market stirred by Chinese yuan renminbi (CNY) depreciation could be a threat to the USD/VND exchange rate.

Vietnam’s total garment-textile export turnover was estimated at 14.5 billion USD in the first five months of 2019, a year-on-year rise of 9.11 percent.

The watch market in Vietnam was worth about 750 million USD in 2018.

Korean investors are keen to invest in renewable energy due to its potential and the incentives that Vietnam has offered to foreign investors, an HSBC official has said.

VOV.VN - Commercial banks have sought to raise capital via bond issuance as their tier one capital mobilization has run into difficulties.

Thailand has replaced China to become the biggest fruit supplier to Vietnam in the first five months of this year.

The Ministry of Transport have allowed Bamboo Airways and Vietjet Air to buy 23 planes by the end of this year.

Zara’s revenues zoomed to VND 1.7 trillion ($73 million) last year, six times the 2016 figure, thanks to the Vietnamese fondness for fast fashion.  

The Ministry of Transport is seeking opinions from ministries, agencies and localities nationwide for the fee increase of 12-18% for 37 build, operate and transfer (BOT) operated toll road or bridge projects.

Việt Nam plans to raise the cross-border trade transaction index by 3-5 places this year compared to 2018.