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Domestic agricultural producers must boost exports to help reduce the country's trade deficit, said economist Pham Do Chi.

Electricity of Viet Nam plans to consult the Prime Minister for suggestions regarding the FPT's deposit of more than VND700 billion in order to repurchase EVN Telecom shares, said Dinh Quang Tri, deputy general director of Electricity of Viet Nam (EVN)

Preparations for a competitive power generation market in July have almost reached completion, according to Deputy Minister of Industry and Trade Hoang Quoc Vuong.

The State Securities Commission is finalising draft regulations under the Law on Securities, to take effect this July.

Investment and development of electricity, oil refining, aluminum mining and aircraft purchase could get the government's borrowing guarantee, according to the Ministry of Finance's proposal.

State Securities Commission (SSC) continues to take opinions for the second time for the draft decree "detailed regulations and guideline for the implementation of Law on Securities and the amendment of some contents of Law on Securities".

Confidence among European businesses in Viet Nam has fallen due to increasing concerns about inflation and the weakness of the Vietnamese dong, but the overall response as well as the current business outlook remained largely positive, according to a Eurocham Business Climate Index survey released yesterday in HCM City.

The import of so-called inessential luxury goods is on the cards due to a favourable low foreign exchange rate.

Since early 2010, land prices in new urban areas in the northern port city of Hai Phong have risen by 15-20 per cent on average due to development growth in many new urban areas, according to Nguyen Ngoc Thanh, chairman of the Hai Phong Real Estate Association

To revive the stock market, the Ministry of Finance has recommended waiver of tax on income from securities this year, reported Dau Tu Chung Khoan (Securities Investment).

Vietnam's integration into international economic communities has become more evident since the early 1990s. The past 20 years of international integration is the main motivation to the Vietnamese economy's strong development. Vietnam became a member of the World Trade Organization (WTO) in January 2007. WTO membership was a watershed moment in Vietnam's international integration history, with the Ministry of Industry and Trade playing an important role in the country's international integration process.

The ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA), signed on February 27, 2009 in Thailand, took effect on January 1, 2010. This agreement realizes the target of integrating 12 smaller markets into a larger community with a total population of about 620 million and a combined gross domestic product (GDP) of US$2.75 trillion. Australia is the sixth largest, while New Zealand is the 10th biggest investor in ASEAN (Association of Southeast Asian Nations).

The central province of Khanh Hoa has approved in principle a proposal by Russian group Mirax that it further delays a US$200-million resort project that was licensed in 2008.

Hanoi will this weekend mark 1,000 years since it was first named Vietnam’s capital, a celebration the government will use to show how economic growth has replaced the deprivation that followed decades of war.