The trend of non-cash payments and digitalisation in personal banking and the explosion of fintech firms in Việt Nam have placed banks ahead of many opportunities and challenges in fourth industrial revolution. Speaking to the media, Dr. Cấn Văn Lực, a financial expert, said that in the long term, co-operation between fintech companies and the commercial banking system needs to be tightened, VietnamPlus reports.

Việt Nam Construction and Import-Export JSC (Vinaconex) has announced a series of divestures from five subsidiaries by year-end.

Sài Gòn Thương Tín Real Estate JSC, better known as Sacomreal (SCR), plans to hike its charter capital by 30 per cent to VNĐ3.17 trillion (US$139 million) from the current VNĐ2.44 trillion through an additional issue of about 73 million shares.

Though on its way to achieving all major economic goals, Việt Nam has its work cut out in maintaining an upward productivity growth lest it falls into the middle income trap and trails behind regional partners.

Shares on both local exchanges declined on Wednesday with investors cautious about market volatility.

The Asian Development Bank (ADB) revised Việt Nam's growth prospect upward to 6.7 per cent in both 2017 and 2018 compared with earlier forecasts of 6.3 and 6.5 per cent, respectively.

The Việt Nam Real Estate Association (VNREA) on Tuesday launched the first-ever Việt Nam Property Awards for 2017-18.

The European Trade Policy and Investment Support Project (EU-MUTRAP) has helped Việt Nam further integrate into the global and regional trading systems while promoting Việt Nam-EU trade and investment relations.

ANZ Vietnam has urged individual customers to consider making early cash withdrawals, payments and transfers prior to December 18 when the transfer of its retail business to Shinhan Bank Vietnam is completed.