The rapid exhaustion of its main oil discoveries is putting the Việt Nam National Oil and Gas Group, better known as PetroVietnam, under the great pressure to attain its oil exploration and production target set for 2018.

Three State-owned enterprises (SOEs) will make initial public offerings (IPOs) in March, floating VNĐ2.5 trillion (US$110 million) worth of stakes in the market in the second wave of SOEs IPOs in 2018.

A gap has opened up between deposit interest rates offered by different categories of banks due to differences in their liquidity, cash demand and status, according to analysts.

Canada’s MHEnviron Group, Việt Nam’s Minh Hưng Group and the US-based Avure Technologies signed on February 27 a memorandum of understanding to build a HPP (high pressure processing) technology food manufacturing and processing plant in Việt Nam.

FDI flows into real estate have been very high so far this year, and a new record is expected to be set this year.

The Hà Nội People’s Committee recently issued a plan to develop non-cash payments, urging all supermarkets and restaurants to put in place cashless payment devices or systems by 2020.

The Government would not use public funds to rescue 12 loss-making projects under the jurisdiction of the Ministry of Industry and Trade (MoIT), Deputy Prime Minister Vương Đình Huệ said.

A huge purchase of banking shares in the final minutes of Tuesday’s session on the local stock exchanges drove shares up, after a brief fall at the beginning of the session.

The European Commission and the Ministry of Industry and Trade (MoIT) officially launched the European Union (EU) – Việt Nam Energy Facility worth 108 million euros on Tuesday in Hà Nội.