Most HCM City businesses have wrapped up plans for their Tết (the Lunar New Year) production almost two months ahead of the country’s biggest festival, which falls on February 16.

Total outstanding loans by commercial banks in HCM City in 2017 rose 18.5 per cent from 2016 to more than VNĐ1.74 quadrillion (US$76.73 billion), according to the State Bank of Việt Nam’s HCM City branch.

As one of the country’s few reliable, medium-term distribution channels, competitions to nab a spot on the supermarkets’ shelf among Vietnamese consumables manufacturers are fierce game, while these distributors consider it fair fight.

Việt Nam maintained a trade surplus of about US$2.7 billion this year, the same figure as 2016, according to the General Statistics Office (GSO).

To improve openness and transparency, the Ministry of Planning and Investment, MPI, has asked contractors to make their bids accessible to the public on the National Procurement Network (NPN).

We have been through more than 30 years of Đổi mới (Renewal) and it almost as many years since the Law on Foreign Direct Investment (FDI) was issued. Since then, the FDI sector has affirmed the major role it plays in the Vietnamese economy.

Việt Nam’s benchmark stock index, VN-Index, could exceed 1,300 points in 2018 due to the positive outlook for the country’s economic growth and a strong inflow of foreign investment.

Việt Nam's leading internet security firm, Bách Khoa Internetwork Security Centre (BKAV), announced that Vietnamese users lost some VNĐ12.3 trillion (US$540 million) in 2017 due to viruses.

The total revenue from retail sales and services reached VNĐ3.93 quadrillion (US$174.85 billion) in 2017, surging 10.9 per cent year-on-year, according to the General Statistics Office (GSO).