Governor Le Minh Hung of the State Bank of Vietnam (SBV) has called for foreign investors to participate in the restructuring of the banking system.
The World Trade Organization cut its forecast for global trade growth this year by more than a third on Tuesday, reflecting a slowdown in China and falling levels of imports into the United States.
South Korean tech firms are rushing to expand their investment in Vietnam in line with their effort to build a new production base in the Southeast Asian country.
Vietnamese seafood exports are to expand 8.1% reaching $7.1 billion this year after a strong expansion in the shrimp sector.
In recent years, Vietnam’s growing retail market has been attracting attention from foreign retailers. This includes several Thai corporations that see better opportunities in Vietnam than in their own country.
The United States is continuing to strengthen its commercial relationship with Vietnam, a rapidly-growing country that offers U.S. businesses and workers substantial opportunities for expanded trade and investment, promoting economic growth and development, and supporting jobs.
When U.S. President Barack Obama visits Vietnam later this month, he will find it has been making reforms that have transformed the communist economy, turning the country into one of the world's fastest-growing nations.
“The Trans-Pacific Partnership (TPP) is the first trade agreement to subject Vietnam to enforceable labor commitments.”
Vietnam has surpassed Singapore to become the leading country in Southeast Asia in raising funds from initial public offerings (IPOs), according to Bloomberg.
Vietnam will have the strongest growth prospects with expected growth of 6.2 percent in 2016, among the large developing Southeast Asian economies, said a report released by the World Bank (WB) on Monday.
Vietnam's Consumer Price Index (CPI) in March 2016 is expected to hike 0.57 percent compared with the previous month and 1.69 percent year-on-year, said the country's General Statistics Office (GSO) on Thursday.
