The Vietnamese coffee industry has great potential to develop considering the size of the global market and the country’s small share in it, according to the Ministry of Agricultural and Rural Development.

Three big companies under the Việt Nam National Oil and Gas Group (PetroVietnam) will implement initial public offering (IPO) in the next three months, according to their equitisation plans approved by Deputy Prime Minister Vương Đình Huệ late last week.

Despite facing difficulties, the garment and textile sector is expected to export products worth US$31 billion this year, a year-on-year increase of 10.2 per cent, and the outlook is bright for next year too, the Việt Nam Textile and Apparel Association (VITAS) has said.

Despite natural disasters and market regression, for the past 11 months, Việt Nam’s agricultural sector has reached a total agriculture, forestry and aquaculture export turnover of US$33.14 billion, though food management still has room for improvement.

The World Bank (WB) yesterday released its bi-annual report on Việt Nam’s economy, lifting its forecast for Việt Nam’s 2017 Gross Domestic Product (GDP) growth to 6.7 per cent, from the rate of 6.3 per cent it predicted in July.

Vietnamese shares plunged on Monday as investors turned cautious before exchange-traded funds (ETFs) started restructuring their portfolios. A lack of information during the year-end period also had an impact on confidence.

A few days after hitting the market, the new iPhone X is now out of stock, according to traders.

The Việt Nam National Oil and Gas Group (PetroVietnam) surpassed its set business targets in the first 11 months of the year, the group said.

The General Department of Taxation (GDT) on December 11 began the provision of electronic tax (eTax) services to all enterprises in the northern provinces of Bắc Ninh and Phú Thọ.