Chairman of the People’s Committee of the Mekong Delta city of Cần Thơ Võ Thành Thống on August 13 had a working session with a Japanese delegation to discuss cooperation opportunities in agriculture and personnel training in this sector.

BUSINESS BEAT

The current technology era is creating both opportunities and challenges for businesses in the process of enhancing and managing resources, delegates told a seminar in HCM City last Friday.

Agricultural products exported to China now account for 50 per cent of total border trade flow between the two countries, signifying greater approval from Chinese consumers, officials say.

The legality of condotels needs to be clarified to better manage this new type of property gaining popularity in Việt Nam, a representative from the Ministry of Construction said.

A National Assembly resolution on nonperforming loans takes effect tomorrow with lawmakers hopeful it will help resolve much of the remaining bad debts held by commercial banks and real estate projects across the nation.

The occupancy rate at operational industrial parks (IPs) nationwide has hit 73 per cent, according to the Economic Zone Management Department under the Ministry of Planning and Investment.

Việt Nam’s business climate is anticipated to improve in the second half of 2017, but economic growth will be at 6.5 per cent, falling short of the Government’s target.

Vietnamese shares have had a rough losing week and the next five trading sessions at least are likely to trade negatively, according to analysts and brokerage companies.