Việt Nam is an important part of a new "Asia-centric" strategy which Japan's Sumitomo Mitsui Banking Corporation (SMBC) is pursuing to strengthen its business in Asia, said Shosuke Mori, SMBC’s Asia Pacific Division.

Facing a large amount of outstanding late payments in the taxation and customs branches, the Ministry of Finance (MoF) is working on a draft resolution on handling tax arrears and irrecoverable fines to submit to the National Assembly.

Trading of covered warrants will be suspended if their issuers, or securities companies, do not follow regulations on hedging activities recently issued by the HCM Stock Exchange (HOSE).

Enhancing trade promotion and market research and providing information to businesses are among the tasks the Việt Nam Food Association will focus on in the next five years.

The Cửu Long (Mekong) Delta province of Bạc Liêu has rejected the proposed Cái Cùng thermal power plant project, saying that it wants to become a national centre of renewable energy and a large producer of shrimp farming

Prime Minister Nguyễn Xuân Phúc has asked the National Financial Supervisory Commission (NFS) to enhance the quality of analysis, assessment and forecast of macroeconomic developments and financial markets to complete its task of counseling the Prime Minister.

 In Việt Nam, as in other parts of the world, the private sector has been more receptive to the much-buzzed-about rise of the Internet of Things (IoT), while the public sector and the government have been slow to adopt these technologies.

Vietnamese shares recovered on Tuesday as blue chips performed well on bottom-fishing following the previous sharp falls.

The asset quality and profitability of 14 Vietnamese banks rated by Moody’s improved moderately year-over-year, driven by robust macroeconomic conditions and growth in core income, Moody's Investors Service said on Tuesday.