Up to 109,611 new enterprises were formed in the first 10 months of this year, with total capital of more than VND1.11 quadrillion (US$48.1 billion).

Vietnam is ranked 69th among 190 economies in terms of the ease of doing business (EODB), one place lower than last year’s ranking, according to the latest World Bank annual ratings announced on October 31.

The M&A deals made recently among online tourism firms are the first steps taken by Vietnamese firms to conquer the regional market, analysts say.

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The Ministry of Agricultural and Rural Development is compiling a draft circular to give a list of key national agricultural products, with 15 items having been tentatively chosen, the local media reported.

Vietnam’s coffee exports grew 21.5 percent and rice exports 3.4 percent year-on-year in the first ten months, government data showed on Monday.

The Vietnamese government has approved a two-year extension of the pilot e-visa issuance programme for foreigners visiting the country.

A Da Lat farm produce week officially opened in Hanoi on October 26, bringing together 12 famous brands from the Central Highlands city, which are introducing their key agricultural products, such as tea, coffee, artichoke of different types, and dried farm produce.

More than 12.8 million foreign tourists have chosen Vietnam as their destination over the last 10 months, up 22.4 percent year on year, according to the Vietnam National Administration of Tourism (VNAT).

Administrative procedure reforms are improving Vietnam’s investment environment and boosting its economic development.