DLG teams up with German group for power supply; Gov’t backs rice branding project; BIDV inks deals with Japanese banks; HCM City seeks special mechanism to finance metro projects; Agri-aqua-forestry exports could reach US$30 bil.

VietNamNet Bridge – The Central Bank of Myanmar has announced the names of nine foreign banks that were licensed in the first phase in this country, without any representatives of Vietnam.

 Vietnam, Japan unveil plan to develop four key industries; Standard Charter Private Equity expands its portfolio to Vietnam; VAMC buys VND60 trillion bad debts; State receives $30.8b from developing bond market

 Foreign funds reap gains of buying domestic stocks; Hanoi to host TPP talks in September; Brokers undeterred by August fears; Australian cattle export to Vietnam up 9,000 pct; Local livestock industry faces import pressure

VietNamNet Bridge – The cable car system to Fansipan peak, dubbed the Roof of Indochina, will be put into operation on the occasion of the 40th anniversary of the country’s re-unification (April 30) next year, four months ahead of schedule.

 VietNamNet Bridge – The Bank for Investment and Development of Vietnam (BIDV) is the only Vietnamese bank of 25 foreign banks that have an opportunity to received one of 10 licenses in Myanmar.

 Japanese firms invest in Vietnam’s industrial zones; SBV Governor: Monetary market to become stable by year-end; Jan-Apr inflation lowest in 13 years; BIDV raises chartered capital to VND33.5 trillion

 VietNamNet Bridge – The Bank for Investment and Development of Viet Nam has set a goal to win foreign strategic partners later this year or no later than the first half of 2015, according to the bank's chairman Tran Bac Ha.

 Paper industry grows 7% in 2013; Rubber exports surpass 1 billion USD; BIDV teams up with Japan’s top bank; US$1.36 billion investment in a new thermal power plant; VietJetAir receives foreign loan for new aircraft

 HCM City’s foreign-currency credits tumble; Vietnam eyes labour cooperation with Middle East, North Africa; BIDV receives Asia Risk award; Mekong Delta looks towards green economy

 Russia affirms its nuclear status in Vietnam; Coffee exports to Mexico fall 19%; Ad firms confront challenges; Phone handset exports up 76%; Central bank backs down on currency

 VietNamNet Bridge – The Government will consider increasing the foreign ownership cap for non-State-owned enterprises, said Minister and chairman of the Government Office Vu Duc Dam.

 Foreign banks offer syndicated loan to BIDV; Singapore’s imports from Vietnam continues increasing; Imported vegetable oil subject to CVDs; Vinamilk exports top $136m

The Ministry of Public Securities has found the three individual believed to have started rumour that the chairman of the Bank for Investment and Development of Viet Nam was arrested in February, causing chaos in the stock market.

VietNamNet Bridge – The State Bank of Vietnam has issued a circular on providing low-interest loans to support the housing segment in line with Resolution 02/NQ-CP, under which as much as 30% or VND9 trillion of a credit line

VietNamNet Bridge – National flag carrier Vietnam Airlines has seen some progress in its much delayed equitisation process with news that the carrier will start preparing the documents for its initial public offering during the next two months.

 VietNamNet Bridge – Prime Minister Nguyen Tan Dung and his entourage arrived in Moscow on May 12 for an official four-day visit to Russia at the invitation of Prime Minister Dmitry Medvedev.

The police have set up a committee to investigate the origin of the fabricated information, speculation about that the President of the Bank for Investment and Development of Vietnam was arrested.

 VietNamNet Bridge – The Bank for Investment and Development of Vietnam (BIDV) has rejected the rumour that its Chairman of Board of Directors Tran Bac Ha was arrested.

Vietnam’s trade promotion in three EU nations; Vietnam, US amend air transport agreement; Viettel gets Cameroon telecom contract; DHL opens new depot in Da Nang; Avon to trim 1,500 jobs, exit Vietnam; Over 62,7000 businesses set up in 11 months