The People’s Committee of south-central Bình Định Province have decided to kill the multi-billion US dollar refinery project in the locality, aborting the country’s first petrochemical refinery project as well as the anxiety about its long-delayed implementation.

The construction sector grew 8.8 per cent in gross domestic product (GDP) for the first half of this year, the highest growth since 2010, reported the Ministry of Construction during a conference in Hà Nội on Thursday on tasks in the second half of this year.

The interest rate will continue to be stable over the remaining months of the year, according to the State Bank of Việt Nam (SBV).

Delegates at a seminar in HCM City yesterday called for developing close links between stakeholders in the agricultural production chain to improve the sector’s competitiveness globally.

Việt Nam has postponed a US$3-billion international bond issuance plan due to unfavourable conditions in the global finance and monetary market.

The state audit of Việt Nam has revealed the misuse of many social housing apartments in major cities.

Vietnamese shares yesterday slid for a fourth day as the banking sector was the worst-hit industry on the market.

The lack of legal framework for expressway maintenance has hindered road maintenance tasks, affecting road quality and posing high risks for drivers.

International arbitration would be helpful for businesses in settling trade and investment disputes in the context of Việt Nam integrating rapidly into the global economy, experts said.