SunRice Group has completed the acquisition of a rice processing mill in the Mekong Delta province of Dong Thap, the first direct financial investment of the Australian business in Vietnam.

Moody’s Investors Service has changed its 12-18 month outlook on the banking system in Vietnam (Ba3 stable) to stable from positive.

Six major businesses with State ownership represented by the Ministry of Industry and Trade (MoIT) were handed over to the Committee for Management of State Capital at Enterprises (CMSC) on November 10.

Developing eco-industrial parks would help Vietnam attract foreign direct investment and promote sustainable growth.

Online shopping is expected to surge in the remaining months of this year with many e-commerce players launching promotions.

The Vietnam Association of Seafood Exporters and Producers (VASEP) said a delegation from the European Parliament (EP)’s Committee on Fisheries visited Hanoi and coastal provinces from October 28 to November 2 to examine Vietnam’s efforts to fight illegal, unreported, and unregulated fishing (IUU).

Investment chances in Vietnam, especially once the EU-Vietnam Free Trade Agreement (EVFTA) takes effect, were introduced to Italian entrepreneurs at a workshop in Rome on November 9.

A press conference on the annual Vietnam – China International Trade and Tourism Fair 2018 opened in Ha Long city, the northern border province of Quang Ninh, on November 9.

Taiwan’s Gemtek Technology company received its licence to run a 60 million-USD project in the northern province of Ha Nam at a ceremony on November 9.

Deputy Prime Minister Trinh Dinh Dung and President of the Council of State and Council of Ministers of Cuba Miguel Mario Diaz Canel Bermudes chaired a dialogue with Vietnamese and Cuban firms in Hanoi on November 9.

The Vietnam Foodexpo 2018, the biggest of its kind serving the agro-fishery and food industry in Vietnam, will run in Ho Chi Minh City from November 14 to 17.

The opposing viewpoints of domestic and foreign experts on transfer pricing – a hot topic attracting much public interest in recent times – were the focus of a workshop held by the American Chamber of Commerce in Vietnam (AMCHAM) in Hanoi on November 9.

The EU-Vietnam Free Trade Agreement (EVFTA) is expected to create solid opportunities for Vietnam to expand its export markets in the time ahead, especially in terms of the garment and footwear industries.

The reliance and need for logistics space was at an all-time high, driven by advancements in the e-commerce sector, according to real estate and investment management services firm Jones Lang Lasalle (JLL).

Vietnam will focus on handling bottlenecks and promoting the disbursement and effective use of official development assistance (ODA) and preferential loans from donors between 2018 and 2020, per a plan recently approved by Prime Minister Nguyen Xuan Phuc.

Experts gathered at a workshop in Hanoi on November 8 to discuss measures to raise the role and responsibility of businesses in realising sustainable development goals (SDGs).

Many banks have issued a large amount of bonds to raise capital in a move to meet high demand during year-end’s peak lending season and prepare to meet the State Bank of Vietnam (SBV)’s regulations on tightening the use of short-term funds for long-term loans from early next year.

Prime Minister Nguyen Xuan Phuc has agreed in principle the granting of an air transportation business licence to Bamboo Airways of Viet Bamboo Airlines Company, owned by property developer FLC Group.

The Ministry of Industry and Trade has issued new regulations on the implementation of the Generalised System of Preferences (GSP) of the European Union, Norway, Switzerland and Turkey.

Vietnam is facing numerous difficulties and challenges in promoting trade facilitation, said experts at a forum in Ho Chi Minh City on November 8.