Vietnamese exporters have been urged to seek to increase their profits by approaching the distributors in the export markets, instead of simply doing the outsourcing for foreign partners.

Merger and acquisition (M&A) activities have been busy since the year’s beginning and are estimated to advance further into next year as several property projects are under negotiations for transfer.

Banks have restarted the interest rate race after a short period of interruption. However, analysts say the interest rate increases are not overly high.

Japanese enterprises are seeking overseas destinations to stabilize production and business in the aftermath of the disastrous tsunami and earthquake early this year. Vietnam is one of the potential destinations on their radar.

The gold frenzy has knocked the local forex market sideways.

After four months of fluctuating within the trading band, the greenback is on the appreciation path again despite the newly appointed State Bank governor Nguyen Van Binh’s pledge to make exchange rate stability his top priority.