The country’s biggest gold bar trader in Việt Nam, Sài Gòn Jewellery Joint Stock Company (SJC), recorded more than VNĐ18 trillion (US$806 million) in sales in 2015, but its gross profit margin was only 0.57 per cent, much lower than the margin of competitor Phú Nhuận Jewellery (PNJ) at 15 per cent.

Vietnamese shares went yesterday were mixed on the two local exchanges, while investors tried to take profits from banks after these stocks made good gains last week.

The Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) signed a new agreement on Saturday to improve its partnership with the Binh Son Refining and Petrochemical Co Ltd (BSR).

HCM CITY—American businesses plan to invest in a large project in Thủ Thiêm new urban area that would be turned into a leading service and finance centre, according to the Government’s news portal.

Experts have noted that it is time Vietnamese retail firms "grew up" and adopt modern retail practices. Among the recommendations is that Việt Nam’s retailers promote local production through distribution and compete with foreign rivals during the current merger and acquisition (M&A) boom.

Vietnamese shares may not extend their gains this week, as investors might look for profits and local markets could lack good news from companies and global exchanges, brokerage firms wrote in the weekly forecast

The Ministry of Industry and Trade planned to officially announce in mid-June results of the inspection to scrutinise seven multi-level marketing companies following the Liên Kết Việt scandal that defrauded 60,000 victims, officials said at a meeting yesterday.

The HCM City Department of Industry and Trade yesterday inaugurated a centre to display products made by supporting industries.

Nearly 27,700 ".vn" domain names were created in the first three months of this year, increasing the total number of ".vn" domain names to 354,608.