The domestic retail price of petroleum increased by VNĐ303 to reach VNĐ17,366 (77 US cents) per litre as of 3pm on Monday, the Ministry of Industry and Trade (MoIT) said.

Steelmaker Hòa Phát Group (HPG) plans to issue over 250 million shares to raise capital for investment in the second phase of Hoà Phát Dung Quất iron and steel production complex.

The Government is not considering a hike in power tariffs, said Đỗ Thắng Hải, Deputy Minister of Industry and Trade (MoIT).

The domestic aviation market is expected to see changes in 2018 with the participation of new and big private investors, experts said.

Analysts said the decline in the CPI and some other positive changes in the economy are vital conditions for the State Bank of Việt Nam (SBV) to think of lowering the interest rate.

Demand for organic farm and other products has increased significantly both in Việt Nam and globally, and this is good news for businesses investing in the field, according to the Ministry of Agriculture and Rural Development.

Price competition between traditional taxis and ride hailing companies like Grab and Uber has become fierce, but it is mostly the drivers on both sides who are suffering the biggest losses.

Shares are likely to rise slightly this week on the forecast that investor confidence will pick up on positive macroeconomic signals and sustained foreign investment.

The Government aims to reduce the number of fully State-owned enterprises (SOEs) from 137 to 103 by the end of 2020, according to a plan approved by the Prime Minister.