Việt Nam National Shipping Lines (Vinalines) will auction more than 488 million shares in its initial public offering (IPO) at the starting price of VNĐ10,000 (US$0.43) per share.

Business conditions related to the establishment and operation of joint stock commercial banks and non-bank credit institutions in Việt Nam will be eased under a draft circular from the State Bank of Việt Nam (SBV).

The number of aircraft registered as Vietnamese reached 174 as of the end of July 2018, up by 14 compared with the figure in the same period last year, according to the Civil Aviation Administration of Vietnam (CAAV). 

Like the leading companies in telecom, banking, real estate, and automobiles, Saigon Co.op, the country’s leading retailer, also made it to the list of the country’s largest taxpayers last year.

Although the direction of foreign capital inflow is becoming increasingly unpredictable due to many external factors, experts say that Việt Nam is still an attractive destination for foreign investors.

The Ministry of Industry and Trade (MoIT) has announced its decision to inspect retailers with a business model similar to that of Mumuso Việt Nam Company Limited.

Last week, international media reported that the Trump administration was considering slapping a 25 per cent tariff on US$200 billion of imported Chinese goods, 10 per cent higher than its initial proposal, in a bid to pressure Beijing to make trade concessions.

HCM City is seeking to improve the traceability of agricultural produce sold through both modern and traditional retail channels to improve food safety.

Businesses and business groups have called on Vietnamese ambassadors and trade counsellors abroad to help them promote exports.