HCM City has exported 8.6 million ornamental fishes in the first seven months of the year, an 18.2 per cent increase year-on-year, according to its Department of Agriculture and Rural Development.

Though the bad debt ratio of the banking system has been reported to drop to below 3 per cent of its outstanding loans, how to deal with the amount of bad debt stuck at the Việt Nam Asset Management Company (VAMC) is still a troublesome job.

Samil CTS Vina Co Ltd of the Republic of Korea (RoK), which specialises in producing computers and computer peripherals, inaugurated a plant and a research and development (R&D) centre in the Yên Phong Industrial Park, northern Bắc Ninh province on Friday.

The Việt Nam Creative Festival 2016, which seeks to promote creative sectors in the country, will be organised in HCM City at the beginning of October this year.

In Việt Nam, there are now 18 open-ended funds, including five debt funds, four balanced funds and nine equity funds, that have over VNĐ2.4 trillion (overUS$106.66 million) under management.

Authorities and experts in HCM City are considering a master plan to comprehensively develop the logistics industry that fully utilises the city’s advantages and meet both urgent and long-term requirements in the context of the country’s global integration.

Việt Nam’s consumer price index (CPI) rose a modest 0.13 per cent month-on-month in July, the lowest increase since February 2016, the General Statistics Office (GSO) announced.

Local textile and garment enterprises are at risk of missing their export target for 2016 due to reduced competitive ability and lack of export orders, said experts who spoke at a conference of Việt Nam Textile and Apparel Association (VITAS) late last week in Hà Nội.

Vietnamese shares may continue declining this week, as investors display more caution after the markets declined over the last four days, and as investors await news from the US central bank’s meeting on possible interest rate increases.