A capital shortage for local paper manufacturers could make them lose out to foreign direct investment (FDI) enterprises in their own country, according to experts.

The Department of Trade Defence under the Ministry of Industry and Trade will begin releasing Việt Nam’s export data to the Eurasian Economic Union (EAEU) on a monthly basis to help local businesses avoid Most Favoured Nation (MFN) tariffs.

Settling non-performing loans (NPLs) has been easier since the application of Nation Assembly’s Resolution 42 a year ago, but detailed guidance is still needed to make the use of the regulation smoother, industry insiders said.

Sacombank and Becamex Bình Phước Infrastructure Development JSC on Monday signed an agreement under which Sacombank will provide credit to Becamex Bình Phước for construction of the Becamex - Bình Phước Industrial and Residential Complex project.

Being a newcomer does not mean Bình Phước will forever be “a follower” in terms of economic development, Prime Minister Nguyễn Xuân Phúc told an investment promotion conference held in the province on Monday.

In the first seven months of 2018, Việt Nam exported 3.41 million tonnes of steel, earning US$2.53 billion, increasing 40.4 per cent in volume and 56.3 per cent in turnover from the same period last year.

Fifteen members of the Việt Nam Automobile Manufacturers' Association (VAMA) and Vietnam Car Importers' Association (VIVA) will participate in the 2018 Việt Nam Motor Show in HCM City in October.

With around a month to go for the Mid-Autumn festival, moon cake producers have unveiled many traditional and new varieties.

Despite the strengthening of the dollar against other global currencies, remittances to HCM City have continued to increase.