Consumer confidence up in July
The ANZ-Roy Morgan Viet Nam Consumer Confidence Index posted another strong gain, increasing by 3.1 points to reach 134.1 in July, to stand well above the 2014 average of 131.
The country's trade surplus in the first 7 months of this year reached US$1.26 billion thanks to a good export performance, the General Statistics Office reported.
Support industries are the backbone of the country's industry, according to Truong Thanh Hoai, deputy director of the Heavy Industry Department of the Ministry of Industry and Trade.
Construction conducted by nearby residents has caused the pavement along the O Cho Dua-Hoang Cau road, the most expensive route in Viet Nam that opened early this year, to subside, said Nguyen Sy Bao, the director of the management board on key urban development projects in Ha Noi.
Low value adds, poor quality of exports and heavy dependence on raw material imports along with poor processing facilities and transportation were affecting the country's export quality and efficiency.
The State Bank of Viet Nam (SBV) has approved a new chairwoman and general director of the Viet Nam Construction Bank (VNCB).
Licences of nearly 17 investment projects at the Moc Bai Border Gate Economic Zone in southern Tay Ninh Province which have been delayed may be revoked.
German businesses are positive on Viet Nam's economic outlook and have high expectations for next year in terms of sales, production, human resource demand, and capital expenditure, according to a survey by the German ASEAN Chamber Network.
The VN-Index on the southern bourse fell on sluggish trading yesterday, following a technical rebound on Tuesday.
Pan Pacific Corporation (PAN) announced it has become Viet Nam National Seed Corporation's (NSC) biggest shareholder after completing the tender offer for its shares.
The Viet Nam Steel Association (VSA) has reported that steel consumption in July was 380,000 tonnes, an increase of 1 per cent against last month.
VAMC looks to find foreign buyers for bad debts
VAMC looks to find foreign buyers for bad debts

Thanks to concerted efforts by the Viet Nam Asset Management Company (VAMC) and commercial banks, the former has so far bought around VND50 trillion (US$2.4 billion) worth of bad debts and plans to increase that to VND70-100 trillion by year-end.

New decree streamlines bidding

The recently issued Decree 63/2014/ND-CP, which has details of the Law on Bidding, is expected to ensure transparency and efficiency, and help avoid any overlap during the bidding process.

Highlight

PM meets acclaimed local mathematician PM meets acclaimed local mathematician

Prime Minister Nguyen Tan Dung yesterday met Professor Ngo Bao Chau, the first Vietnamese to win the Fields Medal, the highest professional honour a mathematician can attain, and the Education Dialogue Group.

Scholars discuss East Sea dispute at int'l conference Scholars discuss East Sea dispute at int'l conference

The East Sea dispute will continue in the near future and urgent solutions should be found to manage the conflict and resolve it without force or the threat to use force and protect the rights of fishermen in traditional fishing grounds, an international conference that opened in HCM City yesterday agreed.

Police look into scam claims at pagoda Police look into scam claims at pagoda

Police are investigating rumors that a pagoda in Long Bien District is selling children for adoption.

A Vietnamese and a Chinese arrested for ivory smuggling A Vietnamese and a Chinese arrested for ivory smuggling

Customs officials have arrested a Chinese woman and a Vietnamese man at Suvarnabhumi Airport after they allegedly tried to smuggle out elephant tusks and ivory products worth about BAT9 million.

Places for a vacation: Son Doong Cave Places for a vacation: Son Doong Cave

Son Doong Cave in Viet Nam's Quang Binh Province has been suggested by the American news website huffingtonpost.com as one of the places to visit in 20 years.