The Australia and New Zealand Banking Group (ANZ) plans to sell its Việt Nam retail business, a source close to the matter has told the Saigon Times Online.

Sài Gòn-Hà Nội Securities Joint Stock Co's managing board has approved a plan to issue bonds worth VNĐ600 billion (US$26.3 million) to raise capital to finance its margin lending business.

Representatives of Japanese enterprises met this week with Vietnamese officials to complain about difficulties in food imports.

Traditional demand for food in the region has changed drastically following rapid population growth and mass urbanisation in Asia in the last decade, speakers said at an international press conference held on Thursday in Bangkok.

The Federal Reserve’s decision on Wednesday to increase interest rates by 0.25 percentage points - to what is now between 0.75 to 1 per cent - has pushed down the Việt Namese đồng-US dollar exchange rate and elevated domestic gold prices in accordance with global market movements.

The Vietnamese Government has accused Australia of "causing serious damage" to its prawn farmers and exporters and has asked the Federal Government to reconsider the ban on uncooked prawn imports.

The Civil Aviation Authority of Việt Nam has sent a proposal to the Ministry of Transport to raise several aviation service charges in order to reduce peak-hour overloads and raise money for infrastructure development.

Shares edged up yesterday on the two national exchanges even though the US Federal Reserve on Wednesday hiked the benchmark interest rate for the second time in three months. Property, securities and agricultural stocks were the market momentum.

The 2017 Africa-ASEAN Business Expo (AABE) will take place in Johannesburg City, South Africa, from November 6-8.