With a cut of 0.5 percentage points in short-term interest rates applied for đồng loans in the prioritised sectors, commercial banks in HCM City would lose VNĐ 734 billion (US$32.6 million) in net interest income, according to a central bank official.

Eighty-six per cent of firms listed on the Hà Nội Stock Exchange (HNX) posted profits during the first quarter of this year, the northern bourse has announced.

A conference to promote tourism, investment and trade in three Laos provinces, Savannakhet, Khammouane, and Bolikhamxay, will be held in HCM City on July 19.

The annual growth goal of 6.7 per cent is likely to remain beyond reach despite an improved economic performance in the second half of the year, says Nguyễn Đức Thành, Director of the Vietnam Institute for Economic and Policy Research (VEPR).

The international community will face many challenges in implementing finance in the future, necessitating a solution that balances the goals of finance, integration and consumer protection in the context of global development.

A survey by the General Statistics Office has revealed that firms had positive outlook on the business climate for the third quarter of this year.

The Government will reconsider the leadership responsibilities of officials who are yet to fulfill State-owned Enterprises (SOEs) privatisation and divestment, said Deputy Prime Minister Vương Đình Huệ, Head of the Government Steering Committee on Corporate Renovation and Development.

The 19^th International Shoes and Leather Exhibition opens today in HCM City, offering local and foreign firms in the leather industry a chance to explore business opportunities.

Shares rebounded on both local markets on Tuesday, driven by investors picking up stocks that had fallen to attractive price levels.