State Bank adjusts USD exchange rate
State Bank adjusts USD exchange rate

The State Bank of Vietnam (SBV) Operation Centre adjusted the reference exchange rate between the Vietnamese dong (VND) and the USD up by VND90 on the morning of December 15. 

State Bank adjusts USD exchange rate
Agribank opts for Eurogiro cross-border payment service
Agribank opts for Eurogiro cross-border payment service

(VOV) - On December 14, Agribank announced it has opted to partner with Eurogiro to provide the bank with ‘greatly enhanced cross border remittance services’ to better serve its customers’ needs.

Agribank opts for Eurogiro cross-border payment service
Canada – Vietnam trade up in nine months
Canada – Vietnam trade up in nine months

(VOV) -The Canada – Vietnam two-way trade increased significantly in the first nine months of this year, hitting US$2.8 billion, reprorts Canada’s statistics agency. 

Canada – Vietnam trade up in nine months
Agricultural value chain development needed in Mekong Delta
Agricultural value chain development needed in Mekong Delta

Developing the agricultural value chain in the Mekong Delta was focus of the national policy dialogue forum held in Hanoi on December 14.

Agricultural value chain development needed in Mekong Delta
Barriers freeze foreign buying frenzy
Barriers freeze foreign buying frenzy

Despite the recent revision to the Law on Housing, which has created a more favourable legal system for foreigners to buy and own houses in Vietnam, there are still some barriers which should be removed to encourage foreign buyers.

Barriers freeze foreign buying frenzy
Belgium group expands investment at Dinh Vu IZ
Belgium group expands investment at Dinh Vu IZ

(VOV) - On December 14, , the Belgian-based investor, Rent-A-Port, held a ground breaking ceremony of South Dinh Vu Industrial Zone II – Deep C II and construction commencement of the Gateway Commercial and Logistics Business Centre – CDC Haiphong at South Dinh Vu IZ. 

Belgium group expands investment at Dinh Vu IZ
Doosan taps into worker pride
Doosan taps into worker pride

Yeon In Jung, the recently-appointed CEO of Doosan Vina, spoke with VIR about the company’s upcoming plans to make greater contributions to Vietnam’s growth by capitalising on the strength of the local workforce.

Doosan taps into worker pride
Over 18,500 foreign stock investors granted trading codes in Vietnam
Over 18,500 foreign stock investors granted trading codes in Vietnam

The Vietnam Securities Depository (VSD) has granted trading codes to 18,508 foreign investors so far, including 2,864 organizations and 15,644 individuals, according to the depository.

Over 18,500 foreign stock investors granted trading codes in Vietnam
Vietnam companies show little interest in TPP
Vietnam companies show little interest in TPP

The Trans-Pacific Partnership (TPP) agreement has enthused garment producer Phong Phu since it is expected to bring more export opportunities, especially in the big markets of the US, Japan and Australia.

Vietnam companies show little interest in TPP
Vietnam successfully produces fertiliser additives
Vietnam successfully produces fertiliser additives

(VOV) - The PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo) has inaugurated the unit of UFC85 - an essential additive in urea production at the Phu My Fertiliser Plant in Ba Ria-Vung Tau province.

Vietnam successfully produces fertiliser additives
How serious are State-owned enterprises’ debts?
How serious are State-owned enterprises’ debts?

While economist warn that state-owned enterprises’ debts will pose a threat to national financial security, SOEs say that the big debts have been unavoidable.

How serious are State-owned enterprises’ debts?
Inferior steel imports weaken sector
Inferior steel imports weaken sector

Counterfeit and low-quality steel and iron products imported in bulk into Vietnam are tormenting the local steel sector’s major operators.

Inferior steel imports weaken sector
Vietnam's steel market on the up
Vietnam's steel market on the up

Vietnam's steel market showed growth in both production and business in the first 11 months of this year, according to the Vietnam Steel Association (VSA).

Vietnam's steel market on the up
Registrations of ‘.vn' domains rise
Registrations of ‘.vn' domains rise

More than 106,300 new ".vn" domain names were registered in the first 11 months of this year, bringing the total number of ".vn" domain names to 343, 370, a year-on-year increase of 16.4%, according to the Vietnam Internet Network Information Centre (VNNIC).

Registrations of ‘.vn' domains rise
Food safety scheme to launch
Food safety scheme to launch

The Ho Chi Minh City Department of Industry and Trade has chosen Hoc Mon Wholesale Market and Ben Thanh Market to implement a pilot food-safety market model, according to a report in Tuoi Tre (Youth) newspaper.

Food safety scheme to launch
Farmers sell ‘strange' Tet fruit
Farmers sell ‘strange' Tet fruit

Farmers and artisans in the Cuu Long (Mekong) River Delta are busy creating "strange" and "unique" fruits for Tet (Lunar New Year), which falls in early February next year.

Farmers sell ‘strange' Tet fruit
Credit growth this year positive at 18%
Credit growth this year positive at 18%

Credit this year could reach roughly 18%, meeting the capital demands of the economy, deputy director of the State Bank of Vietnam's Monetary Policy Department Nguyen Duc Long said.

Credit growth this year positive at 18%
Central bank to cut bank reserve requirement in January
Central bank to cut bank reserve requirement in January

The State Bank of Vietnam (SBV) will reduce the reserve requirement ratio for banks that take part in the restructuring of the banking system.

Central bank to cut bank reserve requirement in January
Japan puts stress on agricultural deal with Vietnam
Japan puts stress on agricultural deal with Vietnam

Japan pays heed to the implementation of an agricultural cooperation pact with Vietnam, said agro-forestry-fisheries minister Hiroshi Moriyama.

Japan puts stress on agricultural deal with Vietnam
Non-cash payment method gets popular
Non-cash payment method gets popular

Non-cash payment has gradually become a trend in Vietnam as cash-used expense saw a remarkable reduction, according to the State Bank of Vietnam’s Payment Department.

Non-cash payment method gets popular
Korean firm to invest in Quang Nam IP
Korean firm to invest in Quang Nam IP

The Republic of Korea’s firm C&N VINA Tam Anh will start construction of its first industrial park (IP) in Tam An commune in the central province later this month, officials said.

Korean firm to invest in Quang Nam IP
FPT, Fujitsu launch ‘smart' agriculture
FPT, Fujitsu launch ‘smart' agriculture

FPT and Fujitsu have announced the official completion of their FPT-Fujitsu Akisai Farm and Vegetable Factory project, which applies cloud computing technology to develop a smart agricultural model in Vietnam.

FPT, Fujitsu launch ‘smart' agriculture
Ecopark shines at London International Property Awards
Ecopark shines at London International Property Awards

(VOV) - Ecopark Township was selected best in three categories at the International Property Awards held recently at London's Marriott Hotel Grosvenor Square, according to widely published reports. 

Ecopark shines at London International Property Awards
Steel industry growth hits record in 11 months
Steel industry growth hits record in 11 months

The steel industry has seen a record growth over the first 11 months this year, up 30.1% from the same period last year, according to the Vietnam Steel Association.

Steel industry growth hits record in 11 months
Businesses need better understanding of AEC
Businesses need better understanding of AEC

Having a deep comprehension of the ASEAN Economic Community (AEC) will help Vietnamese businesses grab opportunities, integrate effectively, and gain initiative in the regional and global playgrounds, heard a forum in Hanoi on December 13.

Businesses need better understanding of AEC
Small businesses hold the key to unlock Vietnam, Russia trade
Small businesses hold the key to unlock Vietnam, Russia trade

(VOV) - The Vietnam Chamber of Commerce and Industry (VCCI) held a Vietnam, Russia Business Forum, December 12-14, to discuss measures to propel economic cooperation, trade and investment between the two nations toward their full potential.

Small businesses hold the key to unlock Vietnam, Russia trade
DIV awards consulting contract to PwC
DIV awards consulting contract to PwC

(VOV) - The Deposit Insurance of Vietnam (DIV) on December 14 signed a contract with PricewaterhouseCoopers Co Ltd (PwC) to provide consulting in connection with the Financial Sector Modernization and Information Management System (FSMIMS) project. 

DIV awards consulting contract to PwC
ACE Life opens representative office in Tien Giang
ACE Life opens representative office in Tien Giang

(VOV) - ACE Life Insurance Company on December 14 launched a representative office at Cai Lay Town in Tien Giang Province, signalling an expansion of its commitment to the Vietnam marketplace.

ACE Life opens representative office in Tien Giang
World Bank: AEC positioned for stable economic growth
World Bank: AEC positioned for stable economic growth

(VOV) - A recent report by the World Bank (WB) states the member nations of the ASEAN Economic community are poised to witness robust economic growth over the next two decades. 

World Bank: AEC positioned for stable economic growth
TPP to help Vietnam balance trade relations: economists
TPP to help Vietnam balance trade relations: economists

The participation in the Trans-Pacific Partnership (TPP) agreement will provide a chance for Vietnam to balance its trade relations and avoid over-dependence on certain markets, economists said at a recent seminar in Ho Chi Minh City. 

TPP to help Vietnam balance trade relations: economists
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