The State Bank of Vietnam (SBV) will grant more autonomy in terms of capital mobilisation and lending to commercial banks, SBV Deputy Governor Dao Minh Tu said on May 16.

Recommendations to promote innovation and the startup ecosystem in Vietnam were highlighted at a workshop held by the Vietnamese Embassy in Germany on May 15.

Prime Minister Nguyen Xuan Phuc and his spouse will pay official visits to Russia from May 20-23, Norway from May 24-26, and Sweden from May 26-28.

The Dien Bien Phu Victory which ended the French colonial rule in Vietnam (May 7, 1954) was celebrated at a conference held by the Lao Ministry of Industry and Commerce in Vientiane on May 16.

The Trade Office of the Austrian Embassy made its debut in Ho Chi Minh on May 16, expected to help connect business communities of Vietnam and Austria in the future.

The Vietnamese Embassy in Egypt on May 16 held a ceremony to mark the 129th birthday of President Ho Chi Minh (May 19).

There is a special testament in Vietnam which is a guideline for the country’s development. It’s President Ho Chi Minh’s testament.

A book on the 55th anniversary of the Vietnam-Egypt friendship in the Arabic language was launched at a ceremony held at the Embassy of Vietnam in Egypt on May 16.

Japanese-based Mitsui & Co. Ltd said on May 16 it has sealed a 155-billion-USD deal to acquire 35.1 percent of Minh Phu Seafood Corporation – a major shrimp farming business in Vietnam.

The Vietnam Asset Management Company (VAMC) plans to handle $2.14 billion worth of bad debts in 2019, and issue special bonds to purchase $856 million of non-performing loans.

Four outstanding scientific researches with high applicability were honoured with the Tran Dai Nghia Award by the Vietnam Academy of Science and Technology (VAST) at a ceremony in Hanoi on May 17.

PM Nguyen Xuan Phuc asked Brazil to facilitate the entry of Vietnamese farm produceduring a reception for Brazilian Minister of Agriculture, Livestock and Food Supply Terresa Cristina Correa in Hanoi on May 17.

The National Assembly will convene its 7th session on May 20, and conclude the session on June 14, the legislature’s General Secretary Nguyen Hanh Phuc said at a press conference on May 17.

Vietnam has come a long way since the doi moi reforms. Its success in attracting foreign direct investment has been evident.

The Ministry of Finance plans to develop an electronic trading system for public assets, deputy minister Tran Xuan Ha announced on Thursday.

The Government has recently issued Decree 40 to guide the Law on environmental protection especially to amend and supplement regulations on scrap imports for production materials.

The State Bank of Vietnam has issued new regulations to further facilitate foreign investors in taking part in the privatization and divestment of State-owned enterprises (SOEs) in the country.

The pilot of 5G technology is planned to be carried out in 2019 in Vietnam so that in 2020, the country will become one of the first in the world to formally offer this service.

The Ministry of Construction cooperated with the Vietnam National University – HCMC to hold a conference discussing the utilization of Building Information Modeling (BIM) in construction.

The US Government has recently increased import tariffs on goods imported from China which in short term might create certain advantages for exported goods of Vietnam.