A memorandum of understanding was signed between JX Nippon Oil & Energy Corp and the Viet Nam National Petroleum Group (Petrolimex) late last week in Ha Noi.

Based on the upcoming national foreign investment information system, the quality of inward direct investment to Vietnam could improve, as state authorities should be able to implement better post-licensing monitoring activities.

The national economy has witnessed positive changes in 2014 with the following five remarkable signals.

Former Deputy General Director of Ocean Commercial Joint Stock Bank Nguyen Van Hoan was prosecuted and arrested on December 22, for allegedly violating State regulations on credit institutions' lending operations.

Viet Nam continued to attract further investment from ASEAN countries this year, according to the Ministry of Planning and Investment's Foreign Investment Agency.

The Ministry of Industry and Trade (MoIT) has announced a list of 144 parts, which will be produced by local suppliers in partnership with Samsung Electronics Viet Nam.