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. 

A number of foreign companies have been rushing to negotiate with Vietnamese partners to secure the right to collect tolls on expressways in Vietnam to tap into their profit potential.

The Government and the business community must work together to promote strength in order to enhance competitiveness for successful regional integration, Prime Minister Nguyen Tan Dung said.

Vietnamese cashew nuts are promoted at the 50th Hong Kong Brands and Products Expo at Victoria Park, Hong Kong (China) from December 12 to January 4. 

Thirteen young entrepreneurs from 10 ASEAN member countries and three dialogue partners were presented the ASEAN+3 award in recognition of their contribution to regional sustainable development at a ceremony on December 13 in Ho Chi Minh City. 

Four commercial banks have taken over finance companies, and other banks are consulting with their shareholders about buying such firms to expand their consumer lending.

Viettel Telecom under military-run Viettel Group gas begun offering free 4G mobile service on a trial basis to customers in some parts of the southern province of Ba Ria-Vung Tau for one week.

The domestic forestry sector expects to reach a total export value of wood and forestry products at US$9.5 billion in 2020, according to the Ministry of Agriculture and Rural Development.

The Saigon Hi-Tech Park (SHTP) in Ho Chi Minh City granted investment licences on December 11 to two new projects in the park, worth a total nearly US$200 million. 

Commercial banks and financial companies are fiercely competing for a slice of the profitable personal loans market as demand often rises sharply at the end of the year.

Young entrepreneurs in ASEAN countries should ensure environmental sustainability while doing business, the secretary of the Ho Chi Minh Communist Youth Union has said.

A ceremony was held in the southern province of Ba Ria-Vung Tau on December 13 to launch Tam Dao 05 offshore oilrig, the largest ever locally-manufactured jack-up rig.

Vietnam's exports will grow by over 10% between 2021 and 2030, little changed from the previous five years, according to a recent trade forecast by HSBC.

A joint project between Vietnam and Cuba on rice production has established 54,000 rice cultivation models with an average yield of 4.36 tonnes of rice per hectare, it was reported at a conference in Havana on December 11.

Deputy Prime Minister Hoang Trung Hai issued order to start work on expanding Da Nhim hydropower plant in Ninh Son district, the central province of Ninh Thuan on December 12.

(VOV) -Over the past decade, Vietnam’s engineering industry has increased localization and exports. The sector is finding ways to develop and integrate into the global economy.

(VOV) - Chinese government officials have lifted the ban on the import and culture of fresh prawns as of December 7, paving the way for their re-entry into the market, reports the Ministry of Industry and Trade (MoIT).  

(VOV) - Singapore GP Batteries, a leading producer of batteries and energy devices, has been given the go ahead for construction of a new 29,379 square metre facility at the Hoa Mac Industrial Zone in the Duy Tien District of Ha Nam Province.  

Vietnam’s tra fish processors and exporters should take prompt action now as they have just 18 months as from March 2016 to meet the new rules issued by the US Department of Agriculture (USDA) requiring domestic and foreign suppliers to meet the same standards.

The International Factors Group (IFG) has announced that Vietnam Technological and Commercial Joint Stock Banks (Techcombank) has officially become the first Partner Member of the group in Vietnam.

The Japan International Cooperation Agency (JICA) presented the JICA President Award on December 11 to three transport projects funded by Japanese ODA that have formed a new international gateway in Hanoi.

Russian news website Lenta.ru reported that Vietnam has set a world record on the number of free trade agreements (FTA) signed with foreign partners in one year, quoting a remark by an expert of the Russian International Affairs Council (RIAC).

The southern province of Binh Duong has lured over US$3 billion in FDI since the beginning of 2015, tripling the yearly target of US$1billion, said the provincial Planning and Investment Department.

Experts and business representatives gathered at a conference on December 11 in Ho Chi Minh City to seek ways to increase the domestic consumption of natural rubber to 30% of total output by 2020.

(VOV) -On December 11, Hanoi hosted the “Meet Japan” seminar to boost future trade partnerships between Vietnam and Japan through a communication channel, attended by more than 120 representatives from the Vietnam Foreign Ministry, provincial authorities, and enterprises as well as from the Japanese business community. 

(VOV) - On December 11, PetroVietnam celebrated a milestone in the company’s history with the first production of oil from its joint venture with Thai and Algerian companies in Bir Seba, Algeria.

(VOV) - Newly registered and disbursed foreign direct investment (FDI) are expected to reach new highs in Vietnam for 2015, as a handful of large multinational corporations scramble to position themselves to take advantage of free trade agreements.

The national flag carrier Vietnam Airlines plans to complete its final negotiations with a potential strategic investor this month, General Director Pham Ngoc Minh told a recent conference.

A forum was held in Hanoi on December 11 for Vietnamese and Indonesian enterprises to forge stronger partnerships towards the US$10 billion trade value set for 2018.

Automobiles which are priced higher in Vietnam than in regional countries is the reason for the sluggish development of the automobile industry, experts say.