Việt Nam maintained its lead in the ASEAN Manufacturing Purchasing Managers’ Index (PMI) rankings, registering another solid improvement in its goods-producing sector in July, the latest survey from Nikkei’s IHS Markit revealed on Wednesday.

With mandatory compliance for shrimp and abalone under the US Seafood Import Monitoring Programme (SIMP) coming into effect in a few more months, Vietnamese processors and exporters of the products need to start preparing data sources now, a US expert has said.

Việt Nam’s benchmark VN-Index fell after a four-day rally, dragged down by financial-banking, retail and agricultural stocks.

Sacombank has begun installing a Credit Risk Model, which will help measure the risk of business portfolios for formulating business strategies, managing credit portfolios and portfolio limits, and classifying assets based on risk levels.

Housing developer Novaland Group has reported revenues of nearly VNĐ4.3 trillion ($188.5 million) in the first half of this year, a 29 per cent increase year-on-year.

The Asian region accounted for 44 per cent of global ransomware threats in the first few months of this year, of which Việt Nam accounted for 8 per cent, according to Trend Micro, a cyber security solutions company.

The speed of red tape cutbacks for business conditions remains limited in spite of great efforts made by the Government and relevant ministries and sectors, experts said at a conference held by the Vietnam Chamber of Commerce and Industry (VCCI) in Hà Nội on July 31.

Việt Nam National Oil and Gas Group (PVN) on Tuesday signed a number of trade agreements on exploiting the Sao Vàng - Đại Nguyệt project.

Automobile manufacturer Isuzu Vietnam Co Ltd and the environmental equipment provider Hiệp Hòa Group on Tuesday signed a strategic partnership agreement on the development of special-use vehicles in Việt Nam.