Shares nosedived on the HCM City Stock Exchange on Friday, dragged down by trading for portfolio-restructuring of domestic exchange-traded fund (ETF) E1VFVN30.

PV Gas reported better-than-expected business result for the first six months of this year.

Budget airline VietJetAir has launched flights connecting Đà Nẵng and Deagu in South Korea.

In the first six months of 2018, there were 150,010 flights operated by domestic carriers including Vietnam Airlines, Vietjet, Jetstar Pacific and Vietnam Air Services Company (Vasco), a year-on-year increase of nine per cent.

Vietjet is giving away 200 super promotional tickets, priced from only zero đồng, at the Myanmar International Tourism Expo 2018 in Yangon.

Weak credit institutions in the process of restructuring and dealing with bad debts will be put under special control in accordance with the Law on Credit Institutions, according to a decree being drafted by the Ministry of Finance.

The Ministry of Industry and Trade is preparing necessary documents to submit the Comprehensive and Progressive Agreement for Trans Pacific Partnership (CPTPP) to the National Assembly for approval by the end of this year.

The NextTech Group yesterday signed a comprehensive co-operation agreement with 12Trip.vn - an online travel portal with a large database in Việt Nam, which provides nearly two million hotel rooms worldwide and airline tickets from over 600 domestic and international airlines.

The State Bank of Việt Nam (SBV) has approved a plan to remove or simplify 257 business conditions under its management.

VinFast will debut its first two models of sport utility vehicle (SUV) and sedan at the Paris Motor Show, the world’s busiest automotive event, in Paris in October this year.

Doosan Heavy Industries Viet Nam Company (Doosan Vina) has shipped the first batch of the Shoaiba-4 Seawater Desalination Project to Saudi Arabia following the $430 million contract was signed by the Saline Water Conversion Corporation (SWCC) of Saudi Arabia and Doosan Vina last year.

More than 5,500 Taiwanese smart-tech and eco-friendly lifestyle products will be on show at the Taiwan Expo from July 26 to 28 in HCM City.

With Việt Nam set for rapid urbanisation, sustainable development is an urgent task for the property sector, a seminar heard in HCM City on July 19.

Societe Generale Corporate & Investment Banking (SG) of Singapore is particularly interested in sponsoring thermoelectric projects invested by the Việt Nam Oil and Gas Group (PetroVietnam), an official from the bank said on July 19.

The plan for the merger of the Hà Nội and HCM stock exchanges has been submitted to the Government for review, according to the Ministry of Finance.

Brian Spence, our expat financial services expert, explains why the entrepreneurial culture and infrastructure in Việt Nam provide such fertile ground for new businesses.

Vina-Japan Shirogane Logistics Company Ltd on Thursday broke ground for a US$5.4 million logistics centre at the Phú Mỹ 3 Specialised Industrial Park in the southern province of Bà Rịa – Vũng Tàu.

Red tape is the main hurdle to the development of the mechanical engineering industry in HCM City, businesses in the sector told city authorities at a meeting on Wednesday (July 18).