The State Bank of Việt Nam will not issue new banknotes with denominations lower than VNĐ5,000 (22 US cents) for Tết (Lunar New Year) to cut costs.

 Consumer lending in 2017 surged sharply by 65 per cent compared to 50.2 per cent in 2016, according to estimates of the National Financial Supervisory Commission (NFSC).

Many motorbike owners are still unsure if the new E5 fuel being sold nationwide suits their vehicles, and authorities need to improve public awareness accordingly, officials admit.

Vietnam Steel Association (VSA) has asked the Ministry of Industry and Trade (MoIT) to take measures to support steelmakers in the investigation against tax evasion for galvanised sheet steel and cold-rolled coil of Viet Nam which was initiated by the United States.

Vietnamese shares ended the first trading session of the week on a positive note as financial-banking, energy and rubber sectors led the market upturn on expectations for good earnings reports.

Many banks have reportedly gained high profit last year, helped by strong credit growth and initial gains in the settlement of bad debt.

Việt Nam achieved its highest ever cashew exports in a year in 2017 with shipments worth US$3.52 billion.

The Ministry of Planning and Investment has proposed the government to hasten efforts aimed at improving the business environment in 2018.

Financial policies must be kept stable so that firms feel secure while conducting production and business activities, Prime Minister Nguyễn Xuân Phúc said yesterday.