Hà Nội’s People’s Committee, BRG Group and Japan’s Sumitomo Corporation Group on Monday signed a co-operation agreement to develop a US$4 billion smart modern city, the Nhật Tân-Nội Bài project.

Thai budget carrier AirAsia has launched a new route between the central city of Đà Nẵng and Bangkok, Thailand, seven days a week, starting from June 9.

A mega power project being built at a rapid pace will soon supply enough electricity to meet the needs of 45 million people and help Egypt effect more than $1 billion in fuel savings a year.

The fifth plenary meeting of the 12^th Communist Party of Việt Nam Central Committee in May issued an important resolution which acknowledges greater contribution of the private economy to the country’s socio-economic growth and asserts the role of the private economy as “an important driving force of the socialist-oriented market economy”.

Credit growth expanded 6.53 per cent in the first five months of the year, contributing significantly to the growth of domestic production and business.

Prime Minister Nguyễn Xuân Phúc pledges hastened efforts in improving business climate to attract more Japanese investments, aiming at a new era in the economic cooperation between the two countries.

The three aircraft are part of the A320 family aircraft contract signed earlier between Vietjet and European aircraft manufacturer Airbus.

Both stock indices rebounded on Monday, driven by a recovery among bank stocks, as traders sought bargains after a short decline last week.

In its Global Economic Prospects report released June 4, 2017, the World Bank (WB) forecasts that while global economic growth rate should amount to 2.7 per cent this year, Việt Nam’s own annual estimated forecast will surpass 6.3 per cent but still lower than the 6.7 per cent goal set by the government earlier.