Vietnamese stock markets may decline this week as lower crude prices, resulting from the disagreement between major oil producers on Sunday, may drag energy stocks down.

With nearly half of its seafood exports going to Trans-Pacific Partnership member nations, Việt Nam expects the trade deal to further boost exports to these markets, according to the Việt Nam Association of Seafood Exporters and Producers (Vasep).

The Government of Myanmar has granted a licence to Việt Nam’s military-run Telecommunications Group (Viettel) to invest in building a modern telecommunication network across the country.

The largest local commercial bank, Vietcombank (VCB), will increase their charter capital to over VNĐ39.7 trillion (US$1.78 billion), said chairman Nghiêm Xuân Thành at the bank’s general shareholder’s meeting yesterday.

The Việt Nam-Korea Business Forum took place in Seoul on Thursday with the focus on opportunities for small- and medium-sized enterprises (SMEs).

Việt Nam saw US dollar deposits overseas skyrocketing, possibly due to foreign currency policies implemented by the central bank, the Việt Nam Institute for Economic and Policy Research (VEPR) said.

Banking, finance and insurance employees had the highest income across all sectors in Việt Nam in 2014, with an average income of about VNĐ195 million (US$8,660) per year.

 The positive development of the local economy was the continued growth of the domestic property market in the first quarter of this year, according to experts.

Vietnamese shares were mixed on the two local exchanges yesterday, while investors tried to take profits from advancing stocks.