Phạm Nhật Vượng - VinGroup

Mai Kiều Liên - Vinamilk

According to the recently issued Decision 1381/QĐ-BTC by the Ministry of Finance (MoF), firms operating in Việt Nam with foreign direct investment (FDI) will be subjected to regular and sudden examinations by appropriate Vietnamese authorities of both their physical and financial assets.

The State Capital Investment Company (SCIC) will further sell over 48 million shares in Việt Nam’s top listed firm by market value, Vinamilk, this October.

Unlicensed buildings could be revaluated and might not be demolished, provided they can meet the required standards with further planning and development, said Lê Quang Hùng, deputy construction minister.

Domestic firms in the leather and footwear industry lag far behind their FDI peers as Viet Nam cements its position as a leading world exporter in the sector, experts say.

HCM City should build social housing priced at up to VNĐ1 billion rather than VNĐ200-300 million to ensure a reasonable quality of life for their occupants, the city’s top construction official has said.

FLC Group has expressed its desire to develop a smart urban complex in the centre of northern Thái Bình City, Trịnh văn Quyết, group’s chairman of the management board, said.

The benchmark VN-Index failed to conquer the short-term resistance point of 790 for a second day on Friday, dragged down by bank stocks, while growth of many large-cap stocks supported the market.