HCM City attracted US$1.37 billion worth of foreign direct investment in the first five months of this year, a year-on-year increase of 45.8 percent, according to the Department of Planning and Investment.

Property developer Sun Group will organise an opening ceremony for the sale of Sun Grand City Ancora Residence at Hanoi Daewoo Hotel, Hà Nội on June 18.

Small and medium-sized enterprises (SMEs) are unhappy that banks do not provide them with credit to upgrade technologies, but the banks say they are willing to lend if the companies meet certain conditions.

Korean investors in the electronics industry in Việt Nam will receive many incentives as part of the Government’s growing focus on this field for the country’s industrial development, officials told a conference held on Thursday in Seoul.

The Ministry of Industry and Trade (MoIT) plans to tighten control on goods whose imports are discouraged and facilitate local manufacturing to reduce the country’s trade deficit.

Although Việt Nam’s livestock industry is thriving, its export potential has yet to be tapped. Most of the country’s livestock products only serve domestic markets, Phạm Văn Đông, director of the Department of Animal Health under the Ministry of Agriculture and Rural Development (MARD).

Vietnam Association of Seafood Exporters and Producers (VASEP) has proposed the Ministry of Agriculture and Rural Development (MARD)’s Directorate of Fisheries (DF) should promote fishing under the purse seines technique.

The price of Vietnamese export rice has hit a three-year high thanks to the rising import demands and the restricted supply source.

The benchmark VN-Index declined for the first time this week, closing Thursday’s trade down 0.44 per cent at 750.13 points on the HCM Stock Exchange.