The State Bank of Việt Nam (SBV) has issued record high bills worth some VNĐ92.1 trillion (US$4.05 billion) until Monday to withdraw money from the banking system.

Cửu Long Joint Operating Company (Cửu Long JOC) is developing the second phase of Sư Tử Trắng (White Lion oil field) for exploitation in the fourth quarter of 2021.

The northern province of Vĩnh Phúc and Mizuho Bank from Japan will co-operate to promote Japanese investment in the locality, following a memorandum of understanding (MoU) inked between the provincial People’s Committee and the bank on Wednesday.

The Việt Nam International Arbitration Centre and the International Finance Corporation organised a workshop on trade mediation in HCM City on Wednesday.

Tasks detailed in Resolution 19/2018 must be assigned to each ministry, sector and locality and ensure that follow-up inspections are conducted, said Deputy Prime Minister Vũ Đức Đam.

Shares of steel companies have been volatile in recent days following the information that the US may impose steep tariffs on steel imports, but market insiders say this, if it happens, would have a moderate direct impact on domestic steel producers.

The packaging industry is expected to grow at a minimum of 10 per cent on average in the coming years, according to experts.

Vietnamese shares ended in negative territory as large-cap stocks continued to suffer from an increase in investors’ profit-taking to re-direct money into speculative stocks.

The Department of Cooperatives and Rural Development (DCRD) under the Ministry of Agriculture and Rural Development (MARD) and non-government organisation Good Neighbors International (GNI) signed a cooperation agreement yesterday, hoping to introduce new farming methods and the agricultural products value chain to remote areas.