The Vietnamese Government has affirmed the major economic role played by the foreign direct investment (FDI) sector over the past three decades, stressing its continuing importance for the country.

Three decades since the country began its process of economic renewal, foreign direct investment (FDI) has become one of the key sectors in Viet Nam’s economic structure and made great contributions to the country’s socio-economic development.

Deputy Minister of Foreign Affairs Bùi Thanh Sơn talks to the Vietnam News Agency about the significance of the 2018 WEF ASEAN to the country’s multilateral diplomacy strategy.

In the year-to-date FDI in real estate has been worth US$5.9 billion, the highest level in a long time and second in terms of sectors this year with almost a fourth of total investment, the Foreign Investment Department said in a recent report.

A new World Wild Fund for Nature (WWF) report finds that ASEAN’s biggest banks are increasingly aware of the impact their businesses have on the environment and society, but are slow to act on the huge potential they hold in addressing climate change and financing sustainable food, energy and infrastructure systems in the region.

 Banks are putting non-performing loans (NPLs) and collateral of default borrowers on auction in a move to speed up the resolution of bad debts.

Việt Nam’s rice exports are expected to rise in the remaining months of the year thanks to increasing demand in many markets, according to the Ministry of Agriculture and Rural Development.

The southeastern province of Đồng Nai achieved a record trade surplus of US$1.8 billion in the first eight months of the year, the highest in the country, according to the provincial statistics office.

Việt Nam will become an attractive destination for real estate investment and business because if the high demand for housing, industrial park infrastructure, shopping malls, and tourism property.

Đức Thành Investment and Technology Joint Stock Company yesterday (Friday) received the certificate of investment registration from the Saigon Hi-tech Park in HCM City for a high-tech factory to produce building materials.

Vietnamese shares advanced on Friday, driven by strong investors’ purchases for stocks that had fallen in the previous four sessions.

Five commodities had export values exceeded US$1 billion in August, the Ministry of Industry and Trade revealed.

Property developer Vingroup was honoured by Forbes magazine in its list of Asia’s top 50 enterprises (Asia’s Fab 50 2018) on Thursday for its rapid growth, vision and high performance for many years.

National carrier Vietnam Airlines, budget airline Jetstar Pacific and Vietnam Air Services Company (VASCO) are offering various tickets with preferential airfares at the 14th International Travel Expo (ITE) in HCM City’s District 7 from September 6 to 8.

Online Friday 2018 started at midnight and lasts for 24 hours on Friday, according to an announcement by the Ministry of Industry and Trade.

VIB was the only bank in Việt Nam receiving the ADB’s recognition which aims to honour leading partner banks in ADB's Trade Finance Program (TFP) during the  TFP Awards and Partners Dinner on September 4 – the first day of the Global Trade Review's annual conference in Singapore,

Vietcombank sold all 1.47 million shares of Orient Commercial Bank (OCB) at an auction on Thursday.

Exports in the southern province of Đồng Nai hit US$12.2 billion in the first eight months of this year, up nearly 12 per cent annually, according to the provincial Statistics Bureau.