State-owned oil giant PetroVietnam has announced its divestment plan in the next five years, following which it will sell larger stakes in a number of its subsidiaries during the period of 2016-20.

HCM City’s Gross Regional Domestic Product (GRDP) reached VNĐ732. 44 trillion (US$33.2 billion) in the first nine months of the year, up 7.76 per cent against the same period last year, according to the municipal People’s Committee.

For the eighth consecutive year, Viet Nam has been listed among the world’s top 30 attractive emerging retail markets, according to the ranking in the Global Retail Development Index of the US’s AT Kearney Company.

Việt Nam must continue to maintain stability, accelerate restructuring and improve the competitiveness of the economy in the face of ongoing global headwinds, members of a think-tank report.

Forbes Việt Nam Magazine on Thursday announced the 50 best Vietnamese companies listed on the country's stock market in 2016.

Vietnamese retail firms are being forced to become more serious about their development strategy and improving their competitiveness following the penetration of foreign retailers into Việt Nam with M&A deals.

Small and medium-sized enterprises can now get loans at preferential interest rates from a fund  operated by the Ministry of Planning and Investment, a meeting heard in HCM City on Thursday (September 29).

It is necessary for housing developers, contractors, banks and State agencies to co-operate in disclosing information about real estate projects to avoid panicking buyers, experts have said.

Vietnamese shares yesterday retreated from a nine-day rally, driven by profit-taking, while oil and gas firms suffered losses as crude prices pulled from a one-month high after a two-day gain.