The Ministry of Transport is urging Airport Corporations of Vietnam (ACV) in collaboration with the consultant unit to complete the feasibility study on the first phase of Long Thanh International Airport and submit it to the prime minister and the State Appraisal Council in June so that the construction of the project can be kicked off in October 2020.

While getting Vietnamese mangoes approved for shipment to the US was a roaring success, local exporters are not resting on their laurels.

VOV.VN - Vietnam will continue to import electricity from the two neighbouring countries - China and Laos - in order to tackle the escalating domestic demand for power and the depletion of power generation sources, heard a workshop held to seek solutions to national energy security in Ho Chi Minh City on May 28.

The foreign exchange market in Vietnam has heated up recently when the daily reference exchange rate set by the State Bank of Vietnam (SBV) continuously climbed to new record levels and the VND/USD rates listed at commercial banks also surged. 

Vietnamese Ambassador to the Czech Republic Ho Minh Tuan discussed measures to bolster Vietnam-Czech Republic economic cooperation with President of the Czech Confederation of Industry and Transport Jaroslav Hanak in Prague on May 28.

The real estate market has slowed in the first months of 2019, which experts attributed to limited bank credit sources for the market.

VOV.VN - Vietnam’s trade balance sustained an estimated deficit of up to US$1.3 billion during May, leading to the total trade deficit amounting to US$548 million for the year’s first five months.

A delegation led by Minister and Secretary General of the presidency of Ivory Coast Patrick Achimet with Can Tho authorities in the Mekong Delta city on May 28 to discuss agriculture cooperation. 

VOV.VN - Capital withdrawals of foreign retailers in Vietnam have fielded a number of queries on whether the firms had sustained losses or if the local business climate lacked enough incentives.

VOV.VN - Vietnam ranks 13th among the 25 countries and territories in the Asia-Pacific region in terms of their capacity to influence regional events, according to a report released on May 28 by the Australia-based Lowy Institute.

Leading Swedish pharmaceutical firm AstraZeneca will invest $220 million to expand its presence in the country.  

The Vietnam Bank Card Association, in collaboration with the National Payment Corporation of Vietnam (NAPAS) and 7 commercial banks, launched the first domestic chip cards on May 28. 

Given Việt Nam’s investment deficit in sustainable development projects, there is a growing need for innovative solutions that open up opportunities for private investment in sustainable development projects, banking experts said yesterday at the Sustainable Finance Forum in HCM City.

Việt Nam’s customs sector will help businesses carry out procedures while implementing the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), said a leader of General Department of Vietnam Customs.

The central province of Ninh Thuan aims to become a renewable-energy centre of the country, with assistance from the central government's preferential policies.

Vietnamese firms invested 183 million USD in overseas projects in the first five months of this year, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

The Dak Lak People’s Committee and Hung Nhon Group from southern Binh Phuoc province and De Heus Group from the Netherlands signed a Memorandum of Understanding in Buon Ma Thuot city on May 28 on the construction of a hi-tech agricultural park complex in the Central Highland province.

Four Vietnamese firms have been named in this year’s Global 2000 list by Forbes, an annual ranking of the world’s biggest and most powerful public companies. 

The escalating US-China trade war has affected many other countries, including Vietnam, said Prof. Liu Ying of the Chongyang Institute for Financial Studies under the Renmin University of China.

Vietnam was one of the fastest-growing import sources of the US in Asia in the first quarter of 2019, according to Bloomberg.

VOV.VN - The Ministry of Agriculture and Rural Development (MARD) in collaboration with Hanoi People’s Committee hosted a workshop in Hanoi on May 28 to discuss the development of the system of modern agricultural product supply centres in Vietnam during the 2018-2020 period with orientations towards 2030. 

The Ministry of Industry and Trade has moved to put more public administrative services online towards a more simplified and transparent administration.

The financial capacity of Vietnam’s credit institutions has solidified in recent years, with their charter capital reaching 578.9 trillion VND (24.85 billion USD) by the end of the first quarter 2019.

Prime Minister Nguyen Xuan Phuc on May 27 pledged further favourable conditions for Swedish enterprises, including pharmaceutical giant AstraZeneca, to land long-term investment in Vietnam for sustainable development.

As its labor cost is equal and even higher than other countries, Vietnam will have to replace the cheap labor advantage for the skilled workforce advantage in the coming time to raise the competitiveness.

VOV.VN - The State Bank of Vietnam (SBV) ranked first in the administration reform index among ministries and ministry-level agencies for the fourth consecutive year, with a score of 90.57 per cent.

A conference on economic cooperation between Vietnamese firms and their peers from China’s Shandong province took place in Hanoi on May 27.

Several leading Swedish businesses expressed their intention to expand investment in Vietnam, during a meeting with visiting Prime Minister Nguyen Xuan Phuc in Stockholm on May 27.

More luxury hotels have arisen in anticipation of a tourism boom, and their owners are spending big money to hire foreign managers.

As Vietnam’s cities and provinces are stepping up plans to realize the smart city dream, foreign tech giants are rushing with new ambitious business plans to seize the opportunities.