The National Assembly (NA) on Tuesday started a two-and-a-half day discussion about the socio-economic development and budget estimates for 2018.

Khaisilk, once regarded as Việt Nam’s hi-end silk brand, is facing a series of investigations following a "Made-in-China" scandal.

The Commercial and Industrial Fair 2017 of the Red River Delta, which began on Monday, saw the participation of over 300 booths displaying industrial products. 

The new firms have total registered capital of over VNĐ1 quadrillion (US$44 billion), up 43.8 per cent from the same time last year, statistics from the Ministry of Planning and Investment revealed.

The cashew industry has achieved impressive growth in the past years with increasing exports, but unfavourable weather due to the impact of climate change and an increase of diseases and pests threaten its continued development, delegates told a seminar in HCM City last Saturday.

The Ministry of Natural Resources and Environment (MoNRE) has proposed the Government to shift one conditional business line, eliminate 36 business investment conditions and amend 15 conditions required for individuals in enterprises, accounting for 44.78 per cent of business conditions under the management of this ministry.

Việt Nam witnessed a trade surplus of $1.23 billion so far this year, according to a report from the General Department of Customs.

Việt Nam’s telecommunications market has reached a saturation point and will find it hard to attract new subscribers. This could result in increasingly fierce competition among telecom providers for their revenue and market share.

Foreign and domestic investment in HCM City has significantly increased and industrial production remains robust, a meeting to review the city’s socio-economic development in the first 10 months of this year heard.