Vietnam’s agencies will continue to coordinate with the US side to protect legitimate rights and benefits of enterprises in line with legal regulations and agreements of the WTO, and prevent illegal evasion and fraudulent acts of origin.

A high-ranking delegation of the ruling National League for Democracy (NLD) of Myanmar is paying a visit to Vietnam from July 1 to 5 at the invitation of the Communist Party of Vietnam (CPV) Central Committee.

Vietnam and the UK welcomed the sustained progress in their strategic partnership at their 7th strategic dialogue in London on July 2.

Though there remains six months, some banks have almost used up the assigned quota for the whole year, and experts said it would be difficult for the banks to get an expansion approval from the State Bank of Vietnam.

Fifteen forest fires were recorded from June 26-30, ravaging over 100 ha of forest, according to the Vietnam Administration of Forestry under the Ministry of Agriculture and Rural Development (MARD)

The Commercial Bank for Foreign Trade of Vietnam (Vietcombank) and the Japan Bank for International Cooperation (JBIC) exchanged a credit contract worth $200 million to fund renewable energy projects in Vietnam.

Vietnam’s growth momentum moderated since the beginning of the year, but outlook remains positive, according to Taking Stock, the World Bank (WB)’s bi-annual economic report on Vietnam released on July 1.

In the second half of this year, increasing competition in product quality, prices and market share are predicted to force steel companies to work harder to maintain their foothold in the market.

An investment promotion conference was held in Tokyo on July 1 where Prime Minister Nguyen Xuan Phuc said Vietnam will be the “promised land” for Japanese investors.

The European Union-Vietnam Free Trade Agreement will help increase the competitiveness of Vietnam as well local enterprises and commodities, said Pham Tat Thang, a senior researcher at the Vietnam Trade Research Institute.

Vietnam and Bangladesh are forecast to reap benefits from becoming alternative sourcing destinations as the fashion sector is reckoned the most exposed amid an escalating US - China trade war, according to Fitch Solutions analysts.

Upcoming events in Hanoi and HCM City

Vietnam Free Trade Agreement (EVFTA) and the EU – Vietnam Investment Protection Agreement (EVIPA) were officially signed in Hanoi on June 30 afternoon.

The capital city of Hanoi wants to be rid of all plastic and nylon bags in traditional markets by next year.

Prime Minister Nguyen Xuan Phuc met world leaders on the sidelines of the G20 Summit in Osaka on June 29.

Once the EU-Vietnam Free Trade Agreement (EVFTA) takes effect, over 99 percent of tariff on goods from both sides will be lifted, a Vietnamese official has said.

Close to 8.5 million foreigners visited Vietnam in the first half of this year, a rise of 7.5 percent year on year, reported the General Statistics Office (GSO) on June 28.

Prime Minister Nguyen Xuan Phuc has attended several sessions during the 14th G20 Summit that opened in Osaka, Japan, on June 28.

Vietnam attaches importance to developing the comprehensive partnership with the US, Foreign Ministry spokesperson Le Thi Thu Hang said on June 28.

The Vietnamese Government commits to protecting Japanese investors’ interests during their business process in the country, Prime Minister Nguyen Xuan Phuc affirmed while meeting with leaders of nearly 30 Japanese technology firms.