The agroforestry-fisheries export turnover in July was estimated at US$2.64 billion, lifting the sector’s export value in the first seven months to reach $17.8 billion, up 5.1 per cent year-on-year.

The Ministry of Trade and Industry is urging local footwear makers to further invest in support industries instead of depending excessively on imported raw materials and losing out on profits and competitiveness.

The Ministry of Transport divested from several companies following Government directives, gaining more than VNĐ2 trillion (US$88.9 million) during the first half of this year, said an official from the ministry.

Foreign direct investment (FDI) registered in HCM City has decreased by 65 per cent year-on-year, according to the municipal Statistics Office.

Vietinbank Securities Corp (VietinbankSC) has issued nearly 6.7 million shares to more than 3,700 shareholders as dividends for the company’s performance last year, the company said in a statement yesterday.

Vietnamese shares ended down slightly yesterday, falling for a fifth day on both local exchanges as investors remained cautious towards the current market slowdown.

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.