Credit organisations posted a growth of 10.22% in the first 11 months of 2014, according to the latest statistics released by the State Bank of Vietnam (SBV).

(VOV) -Minister of Public Security, General Tran Dai Quang on December 8 received Takahashi Kyohei and Nakamura Kuniharu, co-chairmen of the Japan-Vietnam Economic Committee under the Japan Federation of Economic Organizations (Nippon Keidanren).

(VOV) - Only 36% of Vietnamese businesses take part in global production networks, including direct and indirect exporting, while the rate in Malaysia and Thailand is 60%.

(VOV) - Over 200 delegates gathered at a conference in Hanoi on December 8 to discuss ways to promote investment and assistance for socio-economic development in ethnic minority and mountainous areas.

(VOV) - Malaysia is a leading country investing in Vietnam with foreign direct investment (FDI) of US$10.74 billion in 478 projects measured on a cumulative basis as of November, according to the Foreign Investment Agency.

(VOV) -The value of Vietnam pepper exports has surged 35.7%in the eleven months leading up to December to US$1.16 billion on-year, crossing over the 150,000 tonne benchmark for the year.

(VOV) - In the 10 months leading up to November mutual trade between Vietnam and the UAE was worth more than US$11 million, according to figures from the Ministry of Industry and Trade (MoIT).

The market for leasing offices in Hanoi is expected to brighten in 2015 due to expectations of a continued economic recovery, according to CBRE Vietnam Co Ltd, a foreign property consulting service provider in Vietnam. 

Deputy Minister of Finance Nguyen Huu Chi and other ministry officials visited Cuba from December 2-7 under a cooperation programme with the Cuban Ministry of Finance and Prices. 

The 2014-15 coffee crop will see output fall by 20% due to drought and a large proportion of old trees with low yields, according to Chairman of the Vietnam Coffee and Cocoa Association (Vicofa) Luong Van Tu.

Citi Vietnam on December 5 announced the completion of an Export Credit Agency-supported financing package for the National Power Transmission Corporation ("NPT") for the construction of power transmission projects in the south of Vietnam.

(VOV) -Anh Duong Sao Co., Ltd, a leading exporter of tropical fresh produce headquartered in HCM City, is preparing its first shipment of longan for the US market, a company representative has revealed.

The first phase of the Vie-Pan Techno Park (Vietnam-Japan technological park) was officially inaugurated in Ho Chi Minh City on December 5.

(VOV) -A seminar on challenges and solutions in the implementation of Free Trade Agreement (FTA) between Vietnam and the EU was held in Hanoi on December 5.

How to apply the ASEAN Framework for Extractive Industries Governance in Vietnam’s condition was the focus of a workshop held by the Centre for People and Nature Reconciliation (PanNature) in Hanoi on December 5.

Trade cooperation has become a crucial pillar in the relations between Vietnam and Australia, a Vietnamese diplomat stated at a regular meeting of the Australia Vietnam Business Council (AVBC) in Sydney on December 4. 

(VOV) - A Free Trade Agreement between Vietnam and the Republic of Korea (RoK) will bring about more opportunities for bilateral trade cooperation.

(VOV) - The Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) on December 5 signed a contract with 5 Taiwan banks for a US$139 million syndicated loan.

(VOV) - World Bank (WB) Country Director Victoria Kwakwa has affirmed development partners’ willingness to support Vietnam through providing policy consultancy and capital sources at the Vietnam Development Partnership Forum which opened in Hanoi on December 5.

American investors put US$248 million into 38 projects in Vietnam over the past 11 months.

Vietnam’s Ministry of Construction and Japan’s Ministry of Land, Infrastructure, Transport and Tourism held a workshop to seek to generate more capital for social housing construction in Hanoi on December 4. 

A tourism and shopping fest opened in Ho Chi Minh City on December 4, spoiling visitors with a variety of compelling choices.

(VOV) - Housing for residents of Vietnam and solutions for a better future living environment was the agenda of a Vietnam-Japan workshop held on December 4 in Hanoi.

(VOV) - Apparel maker Hanesbrands (HBI) has announced a major restructuring to relocate plants and jobs to Vietnam.

The Vietnam Flour Mill-Wilmar (VFM-Wilmar) inaugurated a new wheat flour mill at the Cai Lan Industrial Park in the northern coastal province of Quang Ninh on December 3.

The People’s Committee of central Phu Yen province on December 3 granted an investment certificate to build an US$80 million tourism complex to Sunrise Vietnam Co. Ltd. from the Republic of Korea. 

Information and Communications Minister Nguyen Bac Son has signed Decision No 1798/QD-BTTTT, establishing MobiFone Telecommunications Corporation. 

State Bank of Vietnam Deputy Governor Nguyen Thi Hong has affirmed the need for Circular 36, saying the regulations would help the Vietnamese banking sector develop more safely. 

Ho Chi Minh City wants to cooperate with and learn the Belgian province of East Flanders’ experience in seaport planning and development, Vice Chairman of the municipal People’s Committee Le Manh Ha has said.

(VOV) -Leading economists say it is essential to have a separate financial system that is not run by State-owned banks to insure lending is based on merit, reduce the risk of a banking liquidity crisis and to better manage the country’s foreign exchange position.