Vietcombank will become the first major State-owned bank to apply Basel II standards, two years earlier than the deadline set by the central bank.

In the first half of 2018, total domestic petrol consumption in Việt Nam reached about 4.43 million cubic metres, of which consumption of E5 RON92 reached about 1.78 million cubic metres, accounting for 40.18 per cent, a year-on-year increase of 31.18 per cent.

The Vietnam Engine and Agricultural Machinery Corporation (VEAM) will trade 1.33 billion shares on the Unlisted Public Company Market (UPCoM) on July 2.

The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) will buy back more than 73.2 million shares as treasury shares.

 Passenger traffic through Vietnamese airports hit 52.8 million in the first half of this year, a surge of 14 per cent year-on-year, the Civil Aviation Authority of Vietnam reported.

Viettel Group should continue affirming its leading role in the country’s telecommunications and information and technology sector to further contribute to the country’s development, said Prime Minister Nguyễn Xuân Phúc.

Building on the success of the forum “Connecting Vietnamese Startups in the US and Việt Nam” held in San Francisco last December, HCM City hosted a similar event on June 26-27 to bring together Vietnamese startups at home and abroad.

Việt Nam and the European Union (EU) have finished the legal review process for their free trade agreement (FTA) and reached consensus on the entire bilateral investment protection deal.

The Ministry of Health has yet to implement a Government decision issued in May 2017 to scrap or amend regulations that require salt used in processed food to be fortified with iodine and wheat flour with iron and zinc, causing difficulties for producers.