Some 165 businesses from 15 countries and territories will participate in the 6th International Precision Engineering, Machine Tools and Metalworking Exhibition & Conference (MTA HANOI 2018), scheduled to take place in Hà Nội on October 16.

Japan’s Taisho Pharmaceutical Co Ltd will continue attempting to purchase the Hậu Giang Pharmaceutical JSC’s stakes after the Vietnamese company lifted the cap on foreign ownership to 100 per cent.

PV Power is proceeding to shift its listing from the Unlisted Public Company Market (UPCoM) on the Hà Nội Stock Exchange to the Hồ Chí Minh Stock Exchange, which is expected to be completed in October or November.

Real estate collateral in 10 of Việt Nam’s commercial banks is worth more than VNĐ4 quadrillion (US$170.2 billion), accounting for 56 per cent of the banks’ total collateral.

Việt Nam’s export value to the US reached $4.89 billion in August, the highest level since January this year, according to the General Department of Customs.

More than 96,600 firms were founded in the January – September period with a total registered capital of VNĐ963.4 trillion (US$44.88 billion), representing a rise of 2.8 per cent and 6.7 per cent, respectively, over the same period last year, according to the latest updates of the General Statistics Office (GSO).

The Komite Anti-Dumping Indonesia (KADI) under the Indonesia’s Ministry of Trade earlier this week announced the termination of an anti-dumping investigation on colour-coated steel products imported from Việt Nam, according to the Trade Remedies Authority under the Việt Nam’s Ministry of Industry and Trade.

Prime Minister Nguyễn Xuân Phúc chaired a seminar on attracting investment to Vietnam in the context of the Fourth Industrial Revolution with more than 40 leading businesses of the US in New York City on September 27.

Fitch Ratings expects Vietnamese banks to sustain their improving operating trends in the second half of 2018 (H2) on the heels of better credit quality and profitability, and broadly stable funding and liquidity in the first half.