Some 87,448 new enterprises were established in the first eight months of the year, with total registered capital of VNĐ878.6 trillion (US$37.7 billion), a year-on-year increase of 2.4 percent in number of firms and 6.9 per cent in capital, according to the General Statistics Office (GSO).

Việt Nam’s GDP this year is very likely to surpass the initial target of 6.7 per cent, said Prime Minister Nguyễn Xuân Phúc on Thursday morning.

The management board of industrial parks in the northern province of Vĩnh Phúc on Wednesday granted an investment certificate to Japanese investors of Kowa Global project in Bình Xuyên Industrial Zone, Bình Xuyên District.

Japan’s Mitsubishi Corporation plans to invest in an electric automobile manufacturing factory in Việt Nam, said Executive Vice President Hiroshi Sakuma during a meeting with Vietnamese Deputy Prime Minister Vương Đình Huệ in Hà Nội on Wednesday.

More than 180 exhibitors from 22 countries and territories will display their latest products and services at the Electric & Power Vietnam, an international power generation, transmission, distribution and renewable energy exhibition, in HCM City next month.

Foreign direct investment (FDI) commitments in the first eight months totaled US$24.35 billion, up 4.2 per cent year-on-year, according to the Foreign Investment Agency (FIA).

Some large-cap firms have replaced the board of supervision with independent members in the board of management to improve the quality of corporate governance and reduce expenses.

Việt Nam continued to gain a trade surplus of US$2.8 billion in the first eight months of this year, the General Statistics Office (GSO) reported yesterday.

 Việt Nam’s benchmark VN Index declined on Wednesday as selling pressure increased after the index approached its old peak of 1,000 points.