Vietnam has been an attractive destination for Japanese investors and experts predicted that more Japanese firms will come to do business in the Southeast Asian country thanks to its economic growth and integration advantages.

The city of Da Nang, the central region’s major economic driver, is making headway in raising awareness on the benefits of cashless transactions as well as in building financial and technical infrastructure for the future development of a cashless society.

Vietnam is on the rise for Australian investors, said an article published on the Australian Financial Review ahead of Prime Minister Scott Morrison’s upcoming visit to the Southeast Asian nation.

A solar power plant invested by Japan’s Fujiwara company was inaugurated in Quy Nhon city in the south central province of Binh Dinh on August 19, with Deputy Prime Minister Truong Hoa Binh in attendance.

Chinese steel firm Mintal Group Co. Ltd has expressed a desire to build a 2 billion USD Ferocrom, stainless steel and non-ferrous metal factory in central Thanh Hoa province’s Nghi Son economic zone.

The State Bank of Vietnam set the reference exchange rate at 23,120 VND per USD in the morning of August 20, down 2 VND from the previous day.

The knowledge sharing and technical assistance project for agriculture was launched in the Mekong Delta province of Hau Giang on August 19 with the debut of a public-private partnership (PPP) group for the project.

The Vietnam Cashew Association (Vinacas) has recently held a conference to review the industry’s performance in the first seven months of 2019 and seek solutions to the problems facing it.

The International Monetary Fund (IMF) will continue to cooperate with and assist Vietnam in policy consultancy and capacity improvement, the IMF’s newly-accredited Resident Representative in Vietnam Francois Painchaud has said.

Bond issuance is becoming a popular channel for firms to raise capital for its efficiency and convenience.

Credit ratings agency Moody’s Investors Service on August 19 said its stable outlook for Vietnam’s banking system reflects the country’s robust economic performance, which will support asset quality and profitability.

Ho Chi Minh City holds potential for crop seed export, but it still needs the State’s support to boost seed development and production which have yet to meet expectations so far.

Specialists and scientists have gathered at a conference in the Mekong Delta province of Bac Lieu to promote the use of renewable energy in shrimp farming for the industry’s sustainable development.

Investors may want to brace for a bumpy trading week as the Vietnamese stock market is still vulnerable to the unpredictability of global shocks in geographic, political and economic conditions.

As much as 3.63 billion USD of foreign direct investment (FDI) capital was poured into Ho Chi Minh City in the first seven months of this year, an annual rise of 15.2 percent, according to the municipal People’s Committee.

The Vietnam Startup Day 2019 is scheduled to kick off in Ho Chi Minh City on August 23, gathering startup communities from around the world.

Vietnam’s sugar industry is expected to face a great deal of difficulties as the country will drop tariffs on imported sugar from ASEAN under the ASEAN Trade in Goods Agreement (ATIGA) in 2020.

Commercial banks will no longer allow the provision of mid- and long-term foreign currency loans for offshore payments of imported goods and services from September 30 this year.

A Vietnamese delegation attended the Vietnam – Laos conference for the development of the industry-trade, energy and mining sectors in the Lao capital of Vientiane from August 16 to 18.

Local demand for real estate products with long-term ownership exceeds supply as most of Vietnamese people prefer this kind of deal, experts said during a recent conference.