The Vietnam Steel Corporation (VNSTEEL) reported that the majority of steelmaking companies have managed to turn a profit in the first two quarter of 2017, despite some rough patches in March and Apirl.

The Aluminum-Bauxite Complex Project in Central Highlands' Lâm Đồng Province has started seeing profit, expecting to earn VNĐ1.2 trillion (US$52.6 million) per year, following three consecutive years of losses.

The northern province of Quảng Ninh attracted more than US$47 million in foreign direct investment (FDI) in the first six months of 2017.

The People’s Committee of Bà Rịa-Vũng Tàu Province last week held a meeting with relevant departments, agencies and localities on the handling of eight delayed tourism projects.

A derivatives market, which will start operations in August, is expected to draw more capital to the Vietnamese securities market for the rest of this year, experts told a seminar in HCM City last Saturday.

The VN-Index declined for the first time in the last six weeks due to heavy profit-taking pressure but market analysts expect the key index will rebound this week following the releases of the second-quarter business earnings.

The Business Startup Support Centre (BSSC) in HCM City jointly held a conference on startup culture with Hoa Sen University (HSU) and the International Vietnamese Academics Network (iVANet), aiming to facilitate sustainable entrepreneurship within universities and advocate favourable policies for startup creativity.

The Việt Nam National Oil and Gas Group (PetroVietnam) has decided to form teams to handle its loss-making projects since the snail-pace progress of the process has displeased the Government.

Recently government bonds have seen strong foreign buying despite the facts that the dollar is expected to continue appreciating due to the US’s plan to raise interest rates a few more times in the near future and that Việt Nam does not have incentives to attract foreign investment in its bonds.