Vietnamese businesses are further participating in the global value chain and reaching out to the world market.

Economic zones and industrial parks in the central province of Quang Tri attracted over 40 trillion VND (over 1.7 billion USD) from 150 investment projects as of July this year.

Hanoi aims at an economic growth rate of 7.6 – 8 percent for the latter half of 2019 in an effort to realise targets and tasks set for the whole year.

The Department of Industry and Trade of the Central Highlands province of Lam Dong and AEON Vietnam Ltd Company started the Da Lat – Lam Dong Products Week in Ho Chi Minh City on July 8.

The south-central province of Binh Dinh will focus on attracting domestic and foreign investment in the rest of the year, with priority on big and labour intensive projects, according to insiders.

As China is a lucrative market for Vietnamese exporters, meeting its import standards is important for the Southeast Asian country to capture larger market share, according to the insiders.

The State Bank set the daily reference exchange rate at 23,078 VND per USD on July 9, up 5 VND from the previous day (July 8).

Leaders of Switzerland’s Credit Suisse and Aebi Schmidt Holding (ASH) Company expressed interest in smart urban development in Ho Chi Minh City during a meeting with Vice Chairman of the municipal People’s Committee Tran Vinh Tuyen on July 8.

AQUA Electrical Appliances Vietnam Co., Ltd. has opened a drum washing machine factory with modern equipment and advanced technologies.

VISSAN Joint Stock Company has opened a food convenience store in Ho Chi Minh City’s Binh Thanh district.

Vietnam’s vegetable and fruit export value hit 2.06 billion USD in the first six months of 2019, up 3.9 percent year-on-year, said the Agro Processing and Market Development Authority under the Ministry of Agriculture and Rural Development.

Hanoi posted a 7.21 percent increase in Gross Regional Domestic Product (GRDP) in the first half of the year, it was reported at the 9th session of the municipal People’s Council that opened on July 8.

Domestic banks have unveiled positive business performance results in the first half of this year, with some new records being set.

The mechanical engineering industry needs supportive policies from the Government to enhance its competitiveness during the fourth industrial revolution, officials and industry experts have said.

More than 1.15 million poor households and policy beneficiaries gained access to preferential loans in the first half of 2019, according to the Vietnam Bank for Social Policies (VPSP).

The Mekong Delta province of Tra Vinh is revising policies and mechanisms towards removing obstacles facing businesses, thus attracting more investors.

The southern province of Dong Nai recorded a GDP growth of 8.02 percent in the first six months of this year, according to the provincial People’s Committee.

Arbitrators need to step in and deal with disputes in public-private-partnership (PPP) projects so economic development will not be disrupted, experts have warned.

The banking sector reported a credit growth of 7.33 percent in the first half of this year compared to the end of 2018, Governor of the State Bank of Vietnam (SBV) Le Minh Hung said.

The first phase of a solar power plant that has the total capacity of 210 MWp was put into operation in the Mekong Delta province of An Giang on July 6.