Vietnam is trying to purchase more goods from the US to narrow the US trade deficit with Vietnam, said Deputy Prime Minister Vuong Dinh Hue.

By the end of 2020, all commercial banks are required to meet Basel II standards, a condition for local lenders to expand their respective credit growth limit and increase registered capital.

The Vietnamese government would continue to promote and ensure the long-term development of the foreign-invested sector, allowing it to compete fair and square with other economic sectors.

Over the past few years, Vietnam’s aviation market has been sustaining a two-digit growth rate, while the introduction of new airlines has also put high quality personnel in the industry on high demand.

The bilateral ties between Vietnam and South Africa have been reinforced with strides in different fields regarding politics and economics.