Exchange rates for both the central bank and other commercial banks rose slightly in February, while the credit sector showed little significant change, said the National Financial Supervisory Commission (NFSC).

The People’s Committee of HCM City has proposed to impose a tax on apartments and houses which are sold within one year after purchasing, aiming to reduce speculation and ensure stability in the estate market.

Income from services of most of Việt Nam’s commercial banks surged sharply by an average of 35 per cent annually in the past three years.

The Government should acknowledge the significant role developers play in the real estate market and in city planning, experts have said.

The top 30 inbound tour operators in HCM City yesterday signed an agreement with the Tourism Promotion Centre and the Việt Nam Tourism Dentistry JSC to develop dentour services in the city.

The Việt Nam National Chemical Group (Vinachem) has announced its equitisation and divestment plans for its member companies in 2018.

 Việt Nam has become the second largest investor in Laos with investments of US$5 billion, mainly in the agro-forestry sector.

Việt Nam’s real estate sector has witnessed significant participation from Japanese investors through the cooperation with Vietnamese businesses recently, promising to bring many benefits to the real estate market.

Việt Nam’s benchmark VN Index finished Friday in the negative territory as investors took profits after the benchmark surpassed the old peak of 1,130 points.