
(VEN) - The results of a survey carried out by the Vietnam Chamber of Commerce and Industry (VCCI) show that most companies saw considerable improvements of the investment and business environment in the past several years. In their opinion, however, the level of improvement varies between different sectors, as well as between different localities.

The Future of Finance Vietnam forum, which seeks to nudge the financial sector into adopting digital technology, will take place on January 10.

Deputy Prime Minister Trinh Dinh Dung called for more Japanese investment in automobile industry, energy and tourism which are fields with huge demand and development potential in Vietnam.

(VEN) - Investors have great expectations for growth and development of the Vietnamese capital market in the long term.

(VEN) - Switzerland hopes seven years of negotiations on a free trade agreement (FTA) between Vietnam and the European Free Trade Association (EFTA) can be wrapped up in 2019.

Hyundai Marine & Fire Insurance Co Ltd (HMFI), the Republic of Korea’s No 2 non-life insurer, has signed a stock purchase agreement to buy a 25 percent stake in Vietnamese non-life insurer VietinBank Insurance Joint Stock Corp (VBI).

Hanoi continues to lead the country in drawing foreign direct investment (FDI) with more than US$7.5 billion poured into the capital since the beginning of 2018, a 2.18-fold increase against the previous year.

Masan Group inaugurated its MNS meat processing complex at the Dong Van IV Industrial Park in Kim Bang district of the northern province of Ha Nam on December 23.

The Ministry of Finance aims to issue VND200 trillion (US$8.78 billion) worth of Government bonds and develop green Government bonds in 2019.

(VEN) - “I always feel proud of my origin. All I have done stemmed from my love for the native country - Vietnam,” says Vietnamese-German billionaire Mai Vu Minh.

Thai industrial park developer Amata has started the construction of Song Khoai industrial park in Quang Yen town of the northern province of Quang Ninh on December 21.

The Tien Phong Commercial Joint Stock Bank (TPBank) has won the 2018 fastest-growing small- and medium-sized enterprise (SME) bank award from the Global Banking and Finance Review.

A workshop was held in Hanoi on December 20 to help the Ministry of Industry and Trade implement an action plan to increase the competitiveness of logistics services in Vietnam through 2025, as well as to attract investment to build logistics centers so as to boost the sale of Vietnamese goods in the European and American regions.

A delegation from the Confederation of Indian Industry in Tiruppur (CII Tiruppur) visited Ho Chi Minh City on December 19 and 20, looking for investment opportunities and meeting Vietnamese enterprises.

Many commercial banks raised deposit interest rates in recent months, triggering worries about the increasing pressure on the lending rates.

Long An province led localities in the Mekong Delta region in budget collection in 2018, which hit over 13.8 trillion VND (over 595 million USD), 3.8 trillion VND higher than the target set for the year.

Kon Tum is calling for capable investors and firms to run long-term business in the Central Highlands province and accompany local authorities in developing the green economy, protecting the environment and combating climate change, a local official said.

An article published by US magazine Forbes has recently considered Vietnam as the hottest investment destination in Asia.

Authorities of the northern province of Vinh Phuc always support and create the most favourable conditions for Italian firms, especially those operating in producing hi-tech auto accessories and components,to expand investment in the locality, a local leading official has said.

(VEN) - Banks have issued massive amounts of bonds to improve their capital adequacy ratio (CAR), expand the market and ensure balance of capital sources and interest rate stability.

A plant processing canna rhizomes, run by an affiliate of the Company of Economic Cooperation (COECCO) of Vietnam, was inaugurated in Phaxay district of Laos’ Xiang Khouang province on December 14.

Microfinance activities have been acting as one of the crucial pillars towards achieving the goal of financial inclusion, said Dao Minh Tu, deputy governor of the State Bank of Vietnam (SBV), during a seminar in Hanoi on December 12.

US Ambassador to Vietnam Daniel Kritenbrink is recruiting companies to join the Vietnam business delegation for the SelectUSA Investment Summit to be held in Washington DC from June 10-12, 2019.

(VEN) - On December 13 in Hanoi, Deputy Minister of Planning and Investment Vu Dai Thang reveived a delegation of businessmen from the “Bilateral investment cooperation program”.

Vietnam expects that the International Monetary Fund (IMF) will continue cooperating closely with the country and provide it with more assistance, training and policy consultancy, said a senior Party official.

The Asian Development Bank (ADB) and the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) on December 12 signed a 300-million-USD loan agreement to support the growth and productivity of small- and medium-sized enterprises (SMEs) in Vietnam.

Leaders of the northern province of Hoa Binh handed approval decisions on nine projects and signed Memorandums of Understanding with 15 investors on 19 projects with total registered capital of 94 trillion VND (approximately 4 billion USD), at an investment promotion conference on December 11.

Vietnam’s first aircraft engine parts factory, Hanwha Aero Engines, was inaugurated at the Hoa Lac High-tech Park in Hanoi, on December 6.

Deputy Prime Minister Vuong Dinh Hue called on Singapore’s Clermont Group to share its experience and provide consultations for Vietnam in building and developing an ecosystem for fintech and digital banking.

(VEN) - Flexible management of monetary policy and a high trade surplus are expected to limit exchange rate fluctuations in the final months of 2018.