Promoting regional linkage from production to distribution is essential to turn the country’s southern part into a trade hub.

HCM City has called for more investment in solar power in the city due to its great potential in the sector.

The Department of Planning and Investment of the Mekong Delta province of Bạc Liêu signed a Memorandum of Understanding with the South Korea-based SY Group to build a solar power project in Đông Hải District.

The Ministry of Agriculture and Rural Development (MARD) has valued the Vietnam Rubber Group (VRG), the country’s largest rubber company, at VNĐ4 trillion (US$177.78 million), not including its land, marking another step toward its equitisation by the end of 2017.

As the country’s consumption demand increases to match national economic progress, more and more foreign retailers are entering the Vietnamese market to a warm welcome from buyers, while Việt Nam’s domestic brands look for their own growth strategies against the newcomers.

The benchmark VN-Index confirmed the steady uptrend with a forth consecutive rallying week but suspicion still lingers in the context of modest liquidity and dominant role of large-cap stocks.

Gas station operator Petrolimex is the firm with the highest revenue in the local stock market, according to the business magazine Forbes Vietnam.

Shares declined on the HCM Stock Exchange on the last four days this week, but strong demand from local traders cushioned the market.

Many car manufacturers in Việt Nam continue to apply discounts and promotions to stimulate purchasing.