It is high time for Vietnam's economy to make basic changes to meet new development requirements and grasp new opportunities brought about by deep and wide international integration.
Vietnam's automobile industry sold nearly 16,150 units in September, up 29% against August and 65% on the same month of last year, according to Vietnam Automobile Manufacturers' Association (VAMA).
All Nippon Airways, the Japanese air carrier, is reportedly one of the more likely candidates to become the strategic partner of Vietnam Airlines, the national flag air carrier.
By the end of September 2014, Vietnam's exports saw a 14.2% increase to US$109.63 billion in revenue, including US$36.
Metro Group (Germany) has signed an agreement with Berli Jucker Corporation (BJC) of Thailand to transfer its wholesale business in Vietnam.
Investors are chomping at the bit over Vietnam's biggest airport project as it prepares to have its investment plan approved for submission to the National Assembly for approval.
The government has unexpectedly asked the National Assembly to include expenditures on bad debt settlement as part of the state budget.
If Vietnam's GDP grows by 5.6-5.8 percent in 2014 as economists predict, this will be the fourth year Vietnam has obtained a modest economic growth rate.
Strong measures are being proposed to put struggling Vinalines, once a leading player in the shipping business, back afloat.
Vietnamese enterprises are preparing for further integration as the country is close to signing many free-trade agreements (FTAs), which will bring not only opportunities but also challenges.
Commercial banks will be forced to stop providing consumer loans if they don't have finance companies of their own, under a draft document being compiled by the State Bank of Vietnam.
The Ministry of Agriculture and Rural Development has been tasked with assessing whether to lift the ban on beef imports from France once the products meet Vietnamese requirements.
Le Phuoc Vu, chairman of the management board of Hoa Sen Group, yesterday won the EY Entrepreneur of the Year 2014 award, the prestigious international prize which EY initiated in 1986.
Several years ago, more South Korean and Japanese investors arrived in Vietnam, ready to pour more money into property projects.
Although Vietnam initially decided to build only three oil refineries, two are about to be built and others are under construction, while several more are awaiting licenses.
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