Vietnam, with its highly open economy, is facing many risks from the US-China trade war which has not shown any sign of easing, experts said at a workshop in HCM City on June 25 on the impacts of the trade war.

Valuable information to enhance exports to Singapore was shared among experts and businesses at a seminar held by the Ho Chi Minh City Investment and Trade Promotion Centre (ITPC) in the southern hub on June 25.

The State Audit Office of Vietnam (SAV) has actively applied international knowledge and experience to better ability of auditors and improve efficiency of its operation in new auditing fields, said Auditor General Ho Duc Phoc.

The PetroVietnam Gas Joint Stock Corporation (PV Gas) signed contracts on the building of a liquefied natural gas (LNG) warehouse and the provision of the product for two thermal power plants.

The BCG - CME Long An 1 solar power plant in Long An province has been inaugurated by the joint venture between the Bamboo Capital Group and the Vietnam-Oman Investment Fund.

Vietnam shipped more than 311,000 tonnes of oil and other petrol products in May for 191 million USD, up 1.9 percent in quantity and 2.3 percent in value compared to April.

The Export-Import Bank of Korea (Korea Eximbank) has said that it has agreed to open a 2 billion USD credit line to Vietnam’s State-owned Vietnam Oil and Gas Group (PetroVietnam) in a bid to help more Korean companies venture into the fast-growing economy.

The Ministry of Agriculture and Rural Development (MARD) will continue to develop breeding sources for the agriculture sector according to the needs of the market, said Minister of Agriculture Nguyen Xuan Cuong at a workshop held on June 24 to review the seed production plan.

A Vietnamese trade promotion delegation that includes 22 local businesses from five localities is visiting South Africa from June 21 – 29, seeking partnerships and export opportunities.

A memorandum of understanding (MoU) to promote relations between Vietnamese localities with UK partners, towards strengthening trade and investment cooperation between the two countries was signed in London on June 24.

The State Bank of Vietnam set the daily reference exchange rate at 23,050 VND/USD on the morning of June 25, down by 3 VND from June 24.

The EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Promotion Agreement (EVIPA) will help promote the comprehensive partnership and trade relations between Vietnam and the EU, as heard a seminar held in Brussels on June 24.

The Dinh Vu Polyester Fibre Plant of the Petrochemical and Textile Fiber Joint Stock Company (PVTEX) – a subsidiary company of the Vietnam Oil and Gas Group (PetroVietnam) - has to date resumed operation of 12 out of its 25 production lines so far.

Farmers in Kien Giang province’s Go Quao district are using environmentally-friendly cajuput trees as trellises instead of concrete or wooden pillars to grow pepper plants.

New Zealand investors want to develop strategic relations with Can Tho city - an economic hub in the Mekong Delta region that has produced a wide range of high-quality agricultural products, said New Zealand Ambassador to Vietnam Wendy Matthews.

The ratio of cashless payments in Vietnam remains low, standing at only 11.49 percent of total means of payment, according to a recent report from the Central Institute for Economic Management (CIEM).

Vietnam needs to take new solutions and steps in rice production and export to ensure benefits of businesses and farmers given market-related difficulties forecast for the sector in the whole year, heard a seminar in Ho Chi Minh City on June 24.

The Japan International Cooperation Agency (JICA) wants to help more Japanese investors to cooperate with the Mekong Delta city of Can Tho in agriculture, heard a working session between the local People’s Committee and JICA’s working team on June 24.

Covered warrants (CWs) will be officially listed and traded on the Vietnamese stock market from June 28, according to the State Securities Commission of Vietnam (SSC).

TAMDA FOODS – a Vietnamese-owned company operating in the field of wholesale and retail of food and household appliances - has just opened a trade centre in Usti nad Labem city in the Czech Republic’s northern province of Ustecky.