Businesses in Hà Nội are cashing in on the mania surrounding the upcoming summit between US President Donald Trump and leader of the Democratic People’s Republic of Korea Kim Jong-un.

The Government will double the credit limit for poor people seeking loans without collateral, as part of efforts to reduce poverty and prevent loan sharks.

Deputy Prime Minister Trịnh Đình Dũng has asked South Korean carmaker Hyundai Motor Company to promote technology transfer to its local partners in Việt Nam and increase its localisation rate to a minimum of 40 per cent.

The State Treasury of Việt Nam raised more than VNĐ51.24 trillion (US$2.19 billion) via Government bond (G-bond) auctions on the Hà Nội Stock Exchange (HNX) in the first two months of 2019.

Although there have been some positive signs in recent years, Việt Nam’s sea transport sector still face difficulties with many enterprises suffering heavy losses. The maritime industry is proposing support mechanisms to help the sector out of its stagnant state.

With peer-to-peer lending becoming increasingly popular in Việt Nam, experts said a legal framework is needed to regulate the activity to prevent loan-sharking.

Tuna exports are expected to top US$1 billion this year, up $350 million from last year, according to the Việt Nam Association of Seafood Exporters and Producers.

Viettel is among only 50 telecom companies in the world to successfully deploy the narrowband internet of things (NB-IoT), a technology developed for devices supporting IoT connectivity.

Saigon Co.op Food Company Limited in collaboration with Millennials Market Co., Ltd opened a Co.op Food shop at 45 Đinh Tiên Hoàng Street in HCM City’s District 1 on Sunday.