Experts are once again warning that if the monopoly of the economy via poorly-performing and loss-making enterprises owned by the state continues, the country’s competitiveness and investment climate will continue being affected as a result. 

The Hanoi-HCM City high speed rail project will benefit the country’s economy, but there are several challenges to implementation of the mega project, including financing, attracting private sector interest and a weak business case.

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Vietnamese banks are seeking to raise capital in international bond markets as they face growing pressure to hike capital to satisfy the central bank's regulations on minimum capital requirements and Basel II standards by early next year.

South Korea’s Alliex Holdings plans to invest US$721 million in point-of-sale (POS) infrastructure in Viet Nam in the next five years.

Retailers have taken Asanzo-branded items off their shelves after Asanzo Viet Nam Electronics JSC was accused of selling products imported from China as 'Made in Vietnam' goods.

Tariffs on imported products including fruit and frozen foods from six member countries of the CPTPP will be reduced to zero backdated to January 14 this year to 2022.

E-commerce is developing rapidly in Viet Nam but it needs a new push to reach rural areas and help small- and medium-sized enterprises (SMEs) reach customers, experts have said.

Many investors from the Republic of Korea, Japan and China are looking to join the North-South Expressway project, according to Deputy Minister of Planning and Investment Vu Dai Thang.

Food company opens trade centre in Czech Republic

In 2018, Hanoi drew US$7.5 billion of FDI and took the lead for the first time in terms of newly registered capital.

Vietnam has taken steps to prevent its fishermen from illegally fishing in foreign waters to meet the EC’s yellow card regulations on unidentified origin products.

In the first half of this year, foreign investment in M&A deals doubled compared to the same period of last year, hitting $8.12 billion in a total of 4,020 deals.

Local firms are set to face fierce competition from EU imports thanks to two upcoming agreements between the two sides.

Vietnamese firms poured nearly US$200 million into 90 projects abroad in the first half of this year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

The Vietnam Electricity (EVN) group has agreed with continuing the current feed-in tariff (FiT) rate at 9.35 US cents per kWh for rooftop solar power projects nationwide until 2021.

The New York State Department of Financial Services has granted operating license to the Commercial Bank for Foreign Trade of Vietnam (Vietcombank) to open a representative office in New York.

The Viettel Military Industry and Telecoms Group (Viettel) on June 26 officially launched the Viettel Digital Services Corporation (VDS), its 8th subsidiary company.

Morgan Stanley Capital International (MSCI) on June 25 announced the results of the 2019 annual market classification review for 85 markets, in which Vietnam failed to make its way to the watch list for reclassification.

Tran Duy Dong, director general of the Department for Local and Regional Economy under the Ministry of Planning and Investment, speaks to Industry and Trade newspaper about the development of eco-industrial parks in Vietnam.