Military-run telecom group Viettel has recorded a pre-tax profit of VNĐ1 trillion (US$41.2 million) from its overseas investments in the first half of 2017, a 156 per cent year-on-year increase.

Vietjet Aviation Joint Stock Company will pay 2017’s first-phrase dividend at the rate of 20 per cent in cash, following its management board’s resolution.

Finally, on July 11 the State Bank of Việt Nam decided to fulfill the business community’s expectations, cutting interest rates by 0.25 to 0.5 percentage points, the first such cuts since 2014.

Recruitment demand is expected to rise for the rest of the year as companies plan to expand their production, labour market reports have revealed.

The supply of E5 bio-fuel is enough to meet the local demand and can fully replace RON 92 petrol beginning next year, the Ministry of Industry and Trade (MoIT) said.

The State will divest its capital in the Sài Gòn Beer, Alcohol and Beverage Corporation (Sabeco) and the Hà Nội Beer Alcohol and Beverage Joint Stock Corporation (Habeco) through open tenders.

The State Bank of Vietnam (SBV) is collecting feedback on a draft circular that will, among other things, allow non-residents legally present in Việt Nam to make term deposits in both Vietnamese Đồng and foreign currencies.

Mixed share performance is expected this week and market sentiment is forecast to remain weak before companies release their second-quarter earnings reports.

Tax authorities will hasten the application of information technology (IT) to simplify administrative reform, as well as to ensure efficient budget collection.