More and more retailers in the country are shaking hands with big e-commerce companies in order to widen their businesses while ensuring cost savings.

Minister of Information and Communications Trương Minh Tuấn has granted three giant mobile network operators licences to set up public telecommunication and provide 4G service on broadband 1,800 MHz.

The Government will submit a tax reduction plan to the National Assembly (NA) this month, which aims to meet targets of increasing the number of efficient enterprises in the country to one million by 2020.

Shares rose slightly yesterday after a brief decline on Monday as large-cap stocks recovered on rising optimism over third-quarter earnings prospects.

Southern Phú Yên Province yesterday began construction of the High-tech Application Agricultural Zone (HTAAZ) in Phú Hòa District’s Hòa Quang Bắc Commune, with total investment of some VNĐ520 billion (US$23.1 million).

Credit growth in HCM City in the first nine months this year surged 13.26 per cent to VNĐ1,400 trillion (US$62.5 billion), the highest level in four years.

The Ministry of Industry and Trade (MoIT) will connect local distributors, dealers and retailers throughout the nation to assure they provide safe seafood from central Thừa Thiên Huế Province.

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).