Vietnam is changing rules to allow foreign investors bigger stakes in local banks in its latest move to rebuild a financial sector battered by bad debt, according to the country's prime minister.

Developing agriculture and ensuring food security should play a central role in the national development strategy of any country, Deputy Prime Minister Nguyen Xuan Phuc has said. 

Hamyang district in the Republic of Korea (RoK) province of Gyeosangnam will help Nam Tra My district in central Quang Nam province to develop Ngoc Linh ginseng, a rare and valuable long-standing plant, as stipulated in a Memorandum of Understanding (MoU) signed on April 21.

Vietnamese investors gained insight into Pyeongtaek port, an entrepot linked with other international seaports, in the Republic of Korea (RoK) during a workshop in Hanoi on April 21. 

Carlotta Colli, Italian Consul General in Ho Chi Minh City, and Binh Duong authorities had a working session on April 20 to discuss measures to boost cooperation between the European country and the southern province.

A number of foreign companies had a meeting with the Mekong Delta province of Long An’s People’s Committee on April 20 to seek investment opportunities. 

Despite the remarkable growth recorded in the peppercorn sector in the last three years, local farmers are enduring damage fuelled by unsustainable development. 

Two-way trade between Vietnam and Russia hit US$2.6 billion last year. However, it accounted for less than 1% of Vietnam's total import-export activity with the world, which was US$298.2 billion.

Governor Vaclav Slajs of the Czech Republic’s Pilsen region hoped his visit to Ho Chi Minh City will turn a new page in the ties between the two localities, which are both known for their dynamic growth. 

(VOV) - State-owned cement producer Semen Indonesia (SMGR) would further strengthen its foothold in Vietnam’s market by acquiring another local cement company in the country, the company’s executive said.