Việt Nam-focused private equity firm Mekong Capital has offered three million shares of digital retailer Mobile World Investment Corp (HOSE: MWG) for sale.

 The Việt Nam Asset Management Company (VAMC) has announced increases in reference interest rates on the bad debts in Vietnamese đồng and US dollar it purchased.

Southern Ninh Thuận Province People’s Committee has revoked licences of six projects and cancelled the investment policy of five other projects in the province.

The recovery of the Vietnamese economy has made good impact on the local securities market and the business performance of brokerages firms, officials said at a meeting on Friday.

The National Financial Supervisory Committee (NFSC) anticipates gross economic growth of Việt Nam in 2017 will be more than 6.7 per cent.

The finance, banking and insurance industry expanded 7.89 per cent in the first nine months of this year, the highest level recorded in the past seven years.

Shares closed Monday’s trade in positive zone on the two national stock exchanges as the banking, securities and steel sectors continued to support the market.

The first-ever Việt Nam Business Summit will be held in Đà Nẵng City on November 7 within the framework of the Asia-Pacific Economic Cooperation (APEC) meeting of 21 leaders of economies, the Việt Nam Chamber of Commerce (VCCI) announced yesterday.

With its rapidly growing economy and 95 million population of whom 60 per cent are young consumers, Việt Nam is an attractive destination for global franchising and retail businesses.