Việt Nam posted a trade deficit of US$5.2 billion with China in the first two months of this year, according to the General Department of Customs.

Poorly-performing State-owned people’s credit funds – a type of credit institution focusing on people in rural areas to help them escape poverty and avoid dependence on loan sharks – will be merged, acquired or dissolved to ensure the safety of the country’s finance and banking system.

Foreign and domestic investment has led to an annual growth rate of 10 per cent for the food processing industry sector in recent years

The central bank is drafting a new circular regulating credit institutions’ trading and handling of non-performing loans (NPL) with the aim of forcing the institutions to focus more on bad debt settlement.

With trade protectionism increasing, Vietnamese companies should prepare for trade-related lawsuits and disputes but also capitalise on possible opportunities from the ongoing US-China trade war, a top trade remedy official has said.

HCM City has called on foreign-owned enterprises to further contribute to its development by sharing their experience, ideas and technologies as well as investing in large projects.

Investors should keep a careful watch over the market as price movements have been sensitive and showed no certain trends, analysts said.

TMS Group will organise a series of investment promotion events in Japan at the beginning of April to look for potential partners in the fields of real estate, health and high-tech agriculture.

HCM City need to keep overloaded trucks and drivers high on drugs off roads and reduce road maintenance and toll fees, transport companies told city authorities at a dialogue on March 22.