A majority of credit institutions in the country expect an upward trend in their business this year, according to a survey released on Monday by the State Bank of Việt Nam.

 Việt Nam spent US$839 million to import 2.97 million tonnes of fertiliser in the first nine months of this year, down 17.4 per cent in volume and 13.1 per cent in value compared to the same period last year, the Ministry of Agriculture and Rural Development (MARD) reported.

Việt Nam National Shipping Lines (Vinalines) debuted on the Unlisted Public Company Market (UPCoM) on Monday, but its shares were immediately restricted from trading, according to the Ha Noi Stock Exchange (HNX).

The State Bank of Việt Nam gave the nod to Nam Á Bank to open five new braches and 30 dealing rooms.

Việt Nam expects to earn a total of U$9 billion from seafood exports this year, a year-on-year increase of 7 per cent, after achieving good results in the first nine months, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).

Kobiton, a mobile testing platform developed by Vietnamese engineers, has successfully raised US$3 million in seed funding from three US companies, venture capital investor Kinetic Ventures, technology company KMS Technology and venture fund Service Provider Capital.

Seafood consumption in the domestic market is predicted to increase sharply, with the annual average expected to hit 33-35 kilos per person by 2020, said acting director of the Agriculture and Rural Development Ministry’s Agricultural Market Processing and Development Nguyễn Quốc Toản.

ADEN, a Pan-Asian facility management company, has agreed to acquire the Việt Nam subsidiary of international facility management company OCS to strengthen its leading position in the country.

The 18^th International Co-operative Alliance - Asia Pacific regional workshop for managers opened at Saigon Co.op’s head office in HCM City on Monday.

The Government should reconsider its ban on the import of wheat infected with cirsium arvense, a kind of weed, participants told a seminar in HCM City on October 8, warning it would have an adverse impact on businesses.

Vingroup’s retail arm, VinCommerce, has completed the acquisition of the Fivimart supermarket system, according to a Vingroup press release published yesterday.

The petrol retail price saw its highest surge so far this year on Saturday, raising concerns over unpredictable impacts to the economy and the possible increase of goods prices during the upcoming Tết (Lunar New Year) Holiday, experts said.

 CEO of Hanoi Transport Services Corporation (Transerco) Nguyễn Hoàng Trung was appointed the corporation’s chairman in Hà Nội on Monday.

Shares decreased significantly on Monday as selling pressure hit petroleum and real estate stocks.

The State Capital Investment Corporation (SCIC) will put its entire stake, equivalent to nearly 255 million shares, in the Việt Nam Construction and Import-Export Joint Stock Corporation (Vinaconex) up for a public auction on the Hà Nội Stock Exchange in the fourth quarter.

Property developer Phú Mỹ Hưng Development Corporation launched a new housing project called The Peak in HCM City last week.

Việt Nam were expected to receive around 105 million passengers passing through airports in the country in 2018, according to the Civil Aviation Administration of Việt Nam’s estimate.

Hotel room supply in HCM City in the third quarter of the year was down 4 per cent year-on-year to 15,800 rooms at 127 hotels, according to Savills Vietnam’s 3^rd Quarter Market Briefing.