The US$/VNĐ exchange rate yesterday cooled down in some large commercial banks after the State Bank of Việt Nam (SBV) said it will intervene to stabilise the market if necessary, contributing to keeping the macro-economy steady.

The Tiền Giang People’s Committee has said it will continue with its efforts to make the province more attractive for investors and seek to attract more investments.

Việt Nam’s economy is not likely to experience an economic recession next year, according to Minister of Planning and Investment Nguyễn Chí Dũng, though it has suffered such crises in 1979, 1989, 1999 and 2009, following consistent 10-year cycles.

Quang Trung Software City, International Accelerator, Inc., and MagRabbit Inc. have signed a memorandum of understanding for a programme to accelerate innovative start-ups in the US.

Retail goods and services posted a revenues of nearly VNĐ2.12  quadrillion (US$94 billion in the first six months of 2018, a year-on-year rise of 10.7 per cent, according to the General Statistics Office (GSO).

Massive selling pressure hit many large-caps, drowning the market, making VN-Index become the biggest loser index in Asia during Tuesday session.

Việt Nam posted a trade surplus of US$2.71 billion in the first half of the year, compared with a deficit of $3.5 billion during the same period last year, according to the General Statistics Office (GSO).

Turkey’s General Directorate for Imports has issued the final decision to impose anti-dumping measures on Partially Oriented Yarn (POY) imported from China, India, Malaysia, Indonesia, Taiwan, Thailand and Việt Nam, according to the Việt Nam Competition Authority.

Việt Nam’s businesses invested US$263.1 million in total, including new projects and additional capital, in 27 countries and territories in the first half of this year, according to the General Statistics Office (GSO).