Việt Nam’s benchmark VN Index edged up on Wednesday as its approach towards 1,025 points triggered investors to sell in the hopes of locking in profits.

Leadership plays a key role in ensuring the successful operation of a business during digital transition, speakers said yesterday (Oct 3) at the “Industry 3.0 to Industry 4.0” forum held in HCM City.

Masan Group Corporation has announced the completion of SK Group’s purchase of 109.89 million of its treasury shares at VNĐ100,000 for a total consideration of US$470 million.

VinFast is the first winner of the award “A Star is Born” from the organisation AUTOBEST, which recognises automobiles available on the European market, at the Paris Motor Show 2018 from October 1 to 16.

The charter capital of consumer finance company FE Credit, which accounts for some 50 per cent of Việt Nam’s consumer finance market share, surged sharply to nearly VNĐ7.33 trillion (US$313 million) from the previous VNĐ4.47 trillion.

The total value of shares auctioned by the Hà Nội Stock Exchange (HNX) since the beginning of 2018 has reached over VNĐ10.8 trillion (US$463 million), according to the northern stock bourse regulator.

Sacombank has launched a programme called 4.0 Enterprise Bank with preferential fees and promotions worth around VNĐ2 billion (US$85,574) to corporate customers using online banking services.

Liquidity in the banking system has improved in the past week, pushing the State Bank of Việt Nam to make a net withdrawal of over VNĐ13.6 trillion (US$581.2 million).

The Government should have specific measures to enhance collaboration between academia and businesses so that more research can be converted into practical technology, a workshop heard in HCM City on October 3.

Peru’s Telecommunications Regulatory Agency announced that at the end of the second quarter Bitel had 5.1 million subscribers equivalent to a market share of 13.5 per cent.

The capital city of Hà Nội will ensure supply and demand for essential goods is in place ahead of the New Year of 2019 and the Lunar New Year festivals.

More than 20.8 million shares of Phục Hưng Holdings Joint Stock Company were officially listed on the HCM City Stock Exchange on Wednesday. The shares, coded PHC, will be traded from a starting price of VNĐ15,000 (US$0.64) with total listing value of VNĐ208 billion.

Google has announced the removal of 56 gambling applications from its Google Play store because the games were not compliant with Việt Nam’s established laws, according to Deputy Director of the Authority of Broadcasting and Electronic Information Lê Quang Tự Do.

All financial targets of the Viêt Nam National Oil and Gas Group (PetroVietnam) in the past nine months have been surpassed thanks to the improvement in the price of crude oil, according to insiders.

State-owned shipping firm Việt Nam National Shipping Lines (Vinalines) will trade 5.4 million shares on the Unlisted Public Company Market (UPCoM) on October 8.

Military-run telecom group Viettel on Tuesday was honoured as the fastest mobile network in Việt Nam in the first half of this year.

Việt Nam’s benchmark VN Index recovered from Monday’s decline with a robust increase in trading liquidity amid heavy profit-taking pressure.

The Vietnamese Government will continue to support and solidify legal regulations for cashless payment systems, Deputy Prime Minister Vương Đình Huệ told Anthony Tan, CEO and co-founder of Grab – a ride-hailing platform in Southeast Asia which has become popular in Việt Nam over the past five years.