After rising continuously for the past few weeks, the đồng/US dollar exchange rate declined this morning, owing to the devaluation of the American currency in the global market.

Việt Nam’s import-export turnover by November 15 was on the threshold of US$300 billion, up $100 billion against 2011, the latest preliminary statistics from the General Department of Customs showed.

National flag carrier Vietnam Airlines has asked its shareholders to register their ownership by the end of this month to serve its trading registration on the Unlisted Public Company Market (UPCoM), which is expected in December.

Việt Nam’s sovereign fund State Capital Investment Corporation will auction a 9 per cent stake comprising 130.63 million shares in the Vietnam Dairy Products JSC (Vinamilk) at the HCM Stock Exchange on December 2.

Shares rebounded on the two local exchanges yesterday, lifted by energy stocks on increasing expectations of a short-term output curb agreement between oil producers.

The nation should aim at secure, sustained financing of the State Budget for the next five years by reducing deficits, increasing spending efficiency and tackling tax fraud, a new Politburo Resolution says.

Việt Nam would attach special attention to reform in insolvency regime in order to create favourable business and investment climate, according to Chief Justice of the Supreme People’s Court Nguyễn Hòa Bình.

The National Assembly has adopted a resolution cancelling a project to build the Ninh Thuận nuclear power plant, said the Chairman of the Government Office, Mai Tiến Dũng, at a news conference yesterday.

Authorities in Thừa Thiên-Huế Province have decided to revoke the investment licence given to build a resort and upmarket residential areas in the region, after the project has been delayed.