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.

Vietnamese exports of software have risen dramatically but sales in the domestic market fell during the 2011 – 2015 economic downturn, according to the Việt Nam Software Association (VINASA).

The Embassy of Israel in Viet Nam, the Ministry of Science and Technology’s Market Development and Science and Technology Enterprise Department, and the Centre of Business Studies and Assistance will co-organise a start-up contest entitled Start Tel Aviv 2016.

Stock data has revealed that 40 per cent of shares listed on the local bourses are traded below book value, with local securities experts suggesting that bad investor relations (IR) was the leading cause.

Metal mining business Masan Resources, a member of consumer goods producer Masan Group, has recorded revenue of VNĐ806 billion (US$35.8 million) in the first quarter of the year.