Vietnam Urban and Industrial Zone Development Investment Corporation (IDICO) sold its entire offering of  55.3 million shares in an initial public offering at HCM Stock Exchange yesterday.

Shares retreated on the HCM Stock Exchange yesterday as large-cap stocks were brought down by late profit taking, signaling poor investor sentiment.

Unlisted Public Company Market (UPCoM) welcomed the listing of nearly one billion shares in four companies on October 5. Share value registered for trading is equal to VNĐ11.8 trillion (US$518 billion).

Domestic airlines operating on the popular Hà Nội-Hồ Chí Minh City route have reduced the number of their flights due to technical and staff difficulties, the Civil Aviation Authority of Việt Nam (CAAV) reported yesterday. Nonetheless, it assured passengers that the domestic carriers were adhering to the flexible fare mechanism and not exceeding the ceiling level regulated.

During the first 10 months of the free trade agreement between Việt Nam and the Eurasian Economic Union (EAEU), total trade turnover between the sides grew 32 per cent, with exports from Việt Nam to EAEU countries increasing 28 per cent.

Small and medium-sized enterprises (SMEs) must improve their transparency to enable them to access banking credits, experts said at a conference on Thursday.

PetroVietnam Power Company (PV Power) will sell 20 per cent of its shares at its initial public offering (IPO) in late November or early December, Vietnam News Agency reported on Wednesday.

Singapore’s United Overseas Bank (UOB) has launched a Business Banking service dedicated to help small businesses in Việt Nam grow their business.

Cần Thơ City expects to export its first batches of rice to Iran in the last quarter of 2017, Huỳnh Trung Trứ, deputy director of the city’s Department of Industry and Trade, said.