Vietnam has jumped three ranks on the 2019 Global Innovation Index (GII) to place 42nd out of 129 economies around the world.

S.Korea’s KOGAS, US Energy Capital Vietnam to build 3,200-MW-LNG power plant in Vietnam

The Vietnam Oil and Gas Group (PetroVietnam) is seeking permission to restart work on the Thai Binh 2 Thermal Power Plant which was suspended following the arrest of related officials for wrongdoings.

Cao Sy Kiem, former director general of the State Bank of Viet Nam, talks to the newspaper Kinh tế & Đô thị on the need to think twice before making an official decision on the construction of the high speed North-South railway line.

Vietnam’s mergers and ­acquisitions market recorded steady growth since early last year, buoyed by foreign ­investors who desire a speedy entry into the large market of over 96 million people.

The Vietnamese dong (VND) will weaken only slightly during the remaining months of 2019, with the 2019 average predicted to slide to VND23,300/USD, from the previous forecast of VND23,440/USD.

Vietnam is encouraging investors from all around the world to develop its ports, according to the Vietnam Maritime Administration.

The EU – Viet Nam Free Trade Agreement is expected to bring big opportunities for the Vietnamese aluminium sector; however, experts have said there are still challenges for local firms looking to take advantage.

Hoi An has opened its first complex producing non-chemical essential oils, coffee and herb tea from local materials after three years construction at Thanh Ha Industrial Park in the city.

Experts have high hopes for inflation scenarios

The battle against single-use plastic products has not yet delivered any satisfactory results. Solutions are plenty, but what is lacking is their enforcement.

Foreign direct investment flows to ASEAN rose to all-time high of US$137 billion in 2017 from US$123 billion in 2016, according to ASEAN Investment Report 2018.

The value of the merger and acquisition (M&A) deals in Vietnam reached $5.43 billion in the first seven months of this year, according to data released on July 23 by the AVM Vietnam.

Vietnam has very large potentials to increase the generation of electricity from wind and the sun. However, the reason for the lack of progress is cumbersome administrative procedures.

PM Nguyen Xuan Phuc has asked the Ministry of Transport to scrap unnecessary business conditions for transport firms, including a proposal for making roof light boxes mandatory for ride-hailing vehicles with fewer than nine seats.

The Ha Noi Stock Exchange said that Nha Trang Bay Investment and Construction Joint Stock Company successfully issued private corporate bonds worth VND650 billion (US$28.2 million), all of it to the Viet Nam Maritime Bank.

The State Bank of Vietnam (SBV), the country's central bank, has recently expanded the credit growth quotas for a number of commercial banks, making many believe that the Vietnam’s central bank has opted for monetary easing.

The State Bank of Vietnam (SBV) has reported a foreign currency reserve amount of 68 billion USD in the first half of 2019, the highest level so far.

Vietnam’s medical equipment market is currently valued at more than US$1 billion, but overseas products account for a staggering 90% of the country’s total medical imports.

In general, Vietnam reaped no rewards from the trade war and is facing obstacles in shipments to several markets.