The State Treasury of Việt Nam mobilised nearly VNĐ6.2 trillion (US$265 million) through Government bond auctions on the Hà Nội Stock Exchange (HNX) on Wednesday.

Officials from Việt Nam and India discussed specific measures to remove obstacles to trade and investment co-operation between their businesses during the fourth meeting of the Joint Sub-committee on Trade in Hà Nội on Wednesday.

On Thursday, the Republic of Korea’s carmaker Hyundai Motor Company said it will set up a joint venture (JV) with Vietnamese firm Thành Công Group to boost sales in the emerging market, according to news website Yonhap.

Vietnamese start-ups were invested in to the tune of US$900 million in 2018, tripling the previous year’s investment, according to a report recently released by Topica Founder Institute (TFI), a start-up accelerator programme in Việt Nam and Thailand.

Global economic confidence fell for the third consecutive quarter in Q4 2018 to end the year at an all-time low, found the latest edition of Global Economic Conditions (GECS).

Việt Nam has so far protected 69 products with geographical indications and six foreign ones. Over the past 10 years, the number of protected GIs has increased by 3.5 times.

Industrial zones (IZs) and economic zones (EZs) operating in the country lured more than US$8.3 billion in investment in 2018, a report from the Ministry of Planning and Investment’s Department of Economic Zone Management revealed.

Việt Nam has been named among the 60 most innovative economies in the world by the 2019 Bloomberg Innovation Index.

The Đông Nam Textile JSC, a subsidiary of the Vietnam National Textile and Garment Group (Vinatex), began construction of the first yarn factory in the southwestern region in Bạc Liêu province on Wednesday.

Foreign direct investment (FDI) capital is a major driver of Việt Nam’s economic development. On the sidelines of the Việt Nam Economic Forum 2019 held last week, Kyle Kelhofer, IFC Country Manager for Việt Nam, Laos and Cambodia, and Ganesan Ampalavanar, CEO of Nestle Việt Nam, spoke to Viet Nam News reporter Nguyễn Linh Anh about opportunities to leverage FDI and strengthen links with domestic firms.

Renewables could become Vietnam’s lowest-cost option to meet its energy needs, according to a whitepaper released by global management consulting firm McKinsey & Company on Wednesday.

Grab has announced that its food delivery service, GrabFood, will be expanded to 12 more cities and provinces in Việt Nam, taking the total number where it is available to 15.

Vietnamese shares advanced on Wednesday on foreign investors’ purchases for listed commercial banks.

Many Japanese businesses have expressed interest in investing in Việt Nam’s northern province of Hà Nam to supply top quality products to the Southeast Asian market, said Tsunemasa Teramoto, a representative from Japan’s Ministry of Agriculture, Forestry and Fisheries.

Việt Nam will no longer have to ‘rescue’ agricultural products as their prices drop in the coming years, Nguyễn Quốc Toản, acting head of the Ministry of Agriculture and Rural Development (MARD)’s Department of Farm Produce Processing and Development in Hà Nội said on Tuesday.

 The Cần Thơ City’s Customs Department is targeting collecting VNĐ2.39 trillion (US$102.98 million) for its budget, exceeding 5 per cent of the goal assigned by the Ministry of Finance.

The Ministry of Industry and Trade’s Import-Export Department has informed firms and business associations about a new Russian resolution regarding exports to Russia that transit though Ukraine, urging businesses to assure consideration of customs procedures.

Việt Nam had a trade deficit of about US$1 billion in the first 15 days of this year, according to the General Department of Customs.