There were more than 44,700 newly established enterprises in Vieät Nam with total capital of VNĐ349.5 trillion (US$15.5 billion) in the first five months of this year.

Remittances to HCM City in the first four months of this year reached more than US$1.3 billion, up $211 million against the previous month.

There must be no discrimination in regulations with regard to debt trading between domestic and foreign participants, Deputy Prime Minister Vương Đình Huệ has said.

Under HCM City’s price stabilisation programme, 563 locally produced drugs in 21 categories will be sold at 5-10 per cent lower than market prices until next March, according to the city Department of Health.

The local biggest brewer Sài Gòn Beer-Alcohol-Beverage JSC (Sabeco) planned VNĐ35 trillion (US$1.56 billion) in sales this year, a 4 per cent increase over 2015 and a pre-tax profit of VNĐ4.2 trillion.

The landing of imported goods in the local traditional markets is inevitable as the Made-in-Vietnam products, favoured by Vietnamese due to their age-old habits, are being ignored by local retailers.

The International Collaborating Centre for Aquaculture and Fisheries Sustainability and Oxfam have kicked off a project for sustainable and equitable shrimp production and value chain development in the Cửu Long (Mekong) Delta.

Vietnamese shares returned to negative territory on both local markets yesterday as investors remained worried about a possible US interest rate increase in June and slower recovery of China’s economy.

TUV SUD, one of the world’s leading service providers in testing, inspection, audit and certification yesterday signed a memorandum of understanding (MOU) with the HCM City Association of Garment Textile Embroidery and Knitting (AGTEK) to help its members access global markets.