The Consumption Advisory Magazine under the Vietnam Economic Times hosted a ceremony in HCM City on Friday to recognise and celebrate enterprises with the top 100 quality products and services which are trusted and used by consumers.

Deputy Prime Minister Vũ Đức Đam has said there is a need for all ministries and relevant agencies to co-ordinate and connect with specific policies to promote electronic payments.

A trade co-operation programme between HCM City and other cities and provinces over the last five years has significantly improved product quality, met consumer demand and promoted socio-economic development, city officials have said.

Two new preferential loans which are not restricted by scale and deadline for social housing and cheap commercial housing projects would be provided to low-income earners. The two new packages are expected to continue the VNĐ30 trillion housing stimulus package.

The Korean Ministry of Trade, Industry and Energy (MOTIE) and the Korea Trade-Investment Promotion Agency (KOTRA) held a Korean consumption goods festival in Hồ Chí Minh City yesterday.

Shares fell for a second day as foreign blue chip offloading pushed those stocks down and sinking oil prices caused energy sector  volatility.

Numerous stores in Việt Nam put up massive sales yesterday, in an attempt to follow the famous US Black Friday. The local shopping scene was not as hectic and anticipated as its US counterpart, though several brands did manage to cash in on the occasion.

Property experts forecast that the real estate market of Việt Nam would continue to be on a solid growth next year, driven by the improved macro-economy and policies.

HCM City has proposed the construction of two dry ports in the city’s High-tech Park in District 9 and Đông Nam Industrial Park in Củ Chi District.