(VOV) - Russia and Vietnam have plenty of opportunity to raise bilateral trade turnover to US$20 billion by 2020, according to the Voice of Russia.

Vietnamese leather and footwear exporters must take advantage of a shift in demand from China to Vietnam, said experts from the Ministry of Industry and Trade (MoIT).

The southern province of Binh Duong attracted US$1.49 billion in foreign direct investment (FDI) in the first eight months of 2013, surpassing its target of US$1 billion set for this year.

(VOV) - State President Truong Tan Sang believes businesses must incorporate longer term visions into their business strategies if effective, sustainable development is to be achieved.

(VOV) - The State Bank of Vietnam (SBV) has permitted a HCM City bank to acquire the 100% equity of Société Générale VietFinance (SGVF), one of the largest foreign-owned finance companies in Vietnam.

(VOV) - The Southeast Asian region in general and especially Vietnam and Myanmar are becoming key Indonesian business investment destinations, boasting surging growth rates and consumer demand.

(VOV) - Although the Mekong Delta was “a bright spot” in the initial stage of FDI attraction, it has now been in low profile with Can Tho city lagging behind Long An and Tien Giang provinces.

(VOV) -The Bank for Investment and Development of Vietnam (BIDV) has signed a contract with seven foreign partners to borrow a total of US$140-million loan.

(VOV) -The Vietnamese military telecommunication group (Viettel) has chosen IBM Smarter Computing solutions to build its 3G infrastructures Cameroon.

The 12th quarterly EuroCham Business Climate Index (BCI) survey released on August 27, shows that business confidence and outlook among European businesses in Vietnam remains unchanged from last mark at around the 50%.

Thailand will soon grant a certificate of geographical indication (GI) to Vietnam’s Buon Ma Thuot coffee trademark, said Jutathip Vuthiparum from the Thailand Intellectual Property Department.

Vietnam has been praised as the new King of Coffee in a recent article published on Le Point – a French weekly magazine.

(VOV) - The southern province Binh Duong on August 27 licenced 23 foreign direct investment (FDI) projects and two domestic ones, with total capital of nearly US$220 million. 

(VOV) - Main items of farm produce are down in export volume, says the Ministry of Agriculture and Rural Development (MARD).

The US remained Vietnam’s largest goods consumer, importing more than US$13 billion worth of goods over the past seven months (18 percent of Vietnam’s total export value), according to the Ministry of Industry and Trade’s Information Centre.

(VOV) - Japan’s Sumitomo group will participate in e-commerce business in Vietnam and Malaysia, according to Nikkei Newspaper.

Vietnam’s export of phones and components in the first seven months of 2013 increased 85.7 % year-on-year to US$11.55 billion.

The Vung Ang Economic Zone in the central coastal province of Ha Tinh has attracted 79 projects capitalized at over US$16 billion to date.

Deputy PM Hoang Trung Hai has agreed in principle to include a ship-building facility in Khanh Hoa Province in the country’s masterplan for the industry.

(VOV) - China has cemented itself as Vietnam’s leading trade partner since 2004, with bilateral turnover reaching US$41 billion in 2012. Vietnam’s trade deficit with China rose considerably from US$1.7 billion in 2004 to US$16 billion in 2012.

(VOV) - Vietnamese and Japanese entrepreneurs met in Ho Chi Minh City on August 22 to seek investment and cooperation opportunities.

(VOV) - VietJet Air airline signed a technical cooperation agreement with Lufthansa Technik company of Germany’s largest aviation group in HCM City on August 19.

Vietnam and Saudi Arabia have agreed to boost information exchange to promote trade in agricultural products such as rice, seafood, tea and coffee.

(VOV) - Japanese businesses want to invest further in Vietnam, said Takahashi Kyohei, co-chairman of the Japan-Vietnam Economic Committee, at the recent signing ceremony for the fifth phase of the Vietnam-Japan Joint Initiative.

(VOV) - Deputy Prime Minister Nguyen Xuan Phuc has asked Quang Nam province and its relevant ministries work towards making the Chu Lai Open Economic Zone Vietnam’s largest economic hub.

(VOV) - More than 140 businesses have gathered at the Central and Central Highland Trade Fair launched in Binh Dinh province’s Quy Nhon City on August 16.

(VOV) - Vietnam and Laos have signed an August 16 Memorandum of Understanding (MoU) in Vientiane confirming plans to work together on a Tuan Chau island luxury resort in Quang Ninh province’s  Ha Long City.

Vietnam’s garment and textile export turnover in the first seven months of this year surpassed US$9.6 billion, up 16.3 percent over the same period last year.

(VOV) - The Vietnam National Coal and Mineral Industries Group (Vinacomin)’s visions of sustainable development for the nation’s coal and mineral industries will require mechanizing production as much as possible and focusing on mine exploitation.

One of Australia's largest exporters says Australia is now exporting more cattle than ever to Vietnam.