Shares declined further yesterday afternoon as large-cap stocks lost steam under increased profit-taking pressure. Money was more focused on low value shares.

Shipbuilding Industry Corporation (SBIC), previously known as Vinashin, will sell its entire holding of nearly 4.48 million shares, equivalent to 7.53 per cent stake, in PetroVietnam Marine Shipyard (PV Shipyard).

The Việt Nam Steel Association will protect the interests of local firms after Vietnamese steel exporters were accused of tax evasion in the United States, said the association’s vice chairman, Nguyễn Văn Sưa.

 Việt Nam Competition Authority (VCA) is actively supervising the recall, renew and exchange programme of all Galaxy Note 7 models from Samsung Electro-Mechanics Việt Nam Co Ltd (SEMV).

Việt Nam is one of Bulgaria’s most important economic partners in Southeast Asia and bilateral trade between the two countries have strong prospects for further development, a senior official said yesterday.  

Authorities of the Cửu Long (Mekong) Delta province of Long An pledged to create the most favourable conditions for domestic and foreign investors and businesses yesterday at an investment conference held in the province.

The four-day exhibition is a good opportunity for handicraft and gift producers and traders from across the country to advertise their products, seek new customers and expand their export markets, the event’s organisers said.

The Southern Rubber Industry Joint Stock Company (CASUMINA) plans to capitalise on opportunities arising from the Trans-Pacific Partnership trade agreement to increase sales of its semi-steel radial tyres, considered a strategic product of the company, to the US market.

The strong growth of smartphone and internet users in Việt Nam offers further opportunity for the development of e-commerce, experts said at a recent seminar held in HCM City.