Governor of the State Bank of Việt Nam (SBV) Lê Minh Hưng has recently directed the entire banking industry to strictly control foreign currency lending to better minimise dollar speculation and fight against dollarisation in the economy.

The southern province of Đồng Nai has attracted US$1.14 billion in foreign direct investment (FDI) so far this year, reaching 114 per cent of the annual plan, according to the Đồng Nai Industrial Zones Authority.

The southern province of Bà Rịa-Vũng Tàu has reported solid growth in the first seven months of the year.

The Việt Nam Fisheries International Exhibition (Vietfish) 2018 will be held the at Saigon Exhibition and Convention Centre from August 22 to August 24, the industry association has announced.

Vietnamese shares had a good start on Monday with two main stock indices rising, with improved liquidity and increased net buying by foreign traders among blue-chips.

Vietnam Prosperity Joint Stock Commercial Bank (VPBank) plans to issue nearly 33.7 million shares for its employees in the form of an employee stock ownership plan (ESOP) at the price of VNĐ10,000 per share.

Vietnamese businesses and individuals have stopped importing bitcoin mining equipment to the country since the beginning of July, according to the HCM City Customs Department.

Toyota Motor Vietnam (TMV) is implementing two recall programmes over airbag faults on Corolla, Vios and Yaris models.

The US Department of Commerce (DoC) has announced it will impose anti-dumping and anti-subsidy taxes on laminated woven sacks produced in Viet Nam.

The central city plans to build a logistics complex  to position Đà Nẵng as an international-standard logistics centre for Việt Nam, ASEAN and the Asia Pacific region by 2030.

The southern province of Bà Rịa - Vũng Tàu has attracted US$2.15 billion of foreign direct investment (FDI) since the beginning of this year, up 30.6 per cent over the same period last year.

Many banks are likely to seek an increase in their credit limits like they did in previous years when they used up their assigned quota halfway through the year.

PetroVietnam (PVN) has proposed the Ministry of Industry and Trade approve the reduction of its ownership in PetroVietnam Drilling and Well Services Corporation (PVD) from 50.4 per cent to 36 per cent.

The short-term uptrend of the stock market remains positive this week as investors may head to companies with third-quarter earnings prospects but some corrections are needed to help Vietnamese shares consolidate before rising further.

Việt Nam gained strong growth in lychee exports and the number of enterprises exporting lychee this year against the figures of last year, according to the General Department of Customs.

Bình Sơn Refining and Petrochemical Company (BSR) reported post-tax profits of nearly VNĐ3.6 trillion (US$1.5 million) in the first seven months of 2018, meeting 172 per cent of its seven-month target and 103 per cent of the annual target.

Vinamilk, Việt Nam’s largest dairy producer, will splash out some VNĐ4 trillion (US$171.3 million) to develop a 6,000-ha complex of hi-tech dairy farms in the Mekong Delta city of Cần Thơ under a newly-inked agreement with Sông Hậu Farm Corporation.

The Trà Vinh Province People’s Committee has given the go-ahead to three investors to build the Hiệp Thạnh Wind Power Plant with a total investment of VNĐ3.37 trillion (US$146 million).