Việt Nam and Hong Kong should promote investment, trade and service flows between the two sides to take advantage of a diversion of trade from China amid escalating tension between the US and China, a banking official said yesterday.

A recent report by the Việt Nam Telecommunications Authority (VNTA) revealed that the bandwidth for 4G in Việt Nam is lower than in many other countries.

The Hồ Chí Minh Stock Exchange (HoSE) may include stocks of four listed companies in its coming large-cap VN30 Index review.

The digital age offers opportunities for the world economy, creating new business models, which helps boost global GDP.

The garment and textile sector was forecast to suffer the most from goods origin regulations under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), said Bùi Kim Thùy, the country representative for Việt Nam at the US-ASEAN Business Council.

State-owned enterprises (SOEs) need to make a breakthrough in equitisation and divestment, said Deputy Prime Minister Vương Đình Huệ during a conference in Hà Nội on Friday.

“Sơn La Province’s Strawberry and Safe Agricultural Products 2019” is launched on Friday in supermarket Big C Thăng Long in Hà Nội. This is the first trade promotion activity of the province this year.

Both finance companies and banks are promoting consumer lending to capitalise on high demands ahead of the country’s largest holiday Lunar New Year (Tết).

Marubeni Group from Japan on Thursday kicked off construction on its new paperboard mill project, worth VNĐ4.81 trillion (US$206 million), in the southern province of Bà Rịa – Vũng Tàu.

Twenty Thai firms from the refrigeration, heating, ventilation, air conditioning, electrical components, and electronics industries on Friday took part in a business matching event in HCM City to find local partners.

Market struggled on Friday after a two-day collapse due to low liquidity and lack of market support.

Quảng Ninh Province Department of Customs topped 34 provincial departments and district authorities in the northern province in competitiveness, according to the ranking announced on Friday.

On Thursday, PetroVietnam Gas Corporation (PV Gas), PetroVietnam Southern Gas Joint Stock Company (PV Gas South) and Japan Cooperation Centre Petroleum (JCCP) signed a co-operation agreement to develop a liquefied petroleum gas (LPG) distribution management system.

Việt Nam’s two brands with geographical indication (GI) certification, Phú Quốc Fish Sauce and Buôn Ma Thuột Coffee, are protected in the Canadian market under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Swedish home furnishings giant IKEA plans to build a retail centre and warehouse system in Hà Nội with an investment of US$450 million, said Nguyễn Đức Chung, chairman of the city’s People’s Committee.

On Thursday, the State Bank of Việt Nam (SBV) issued a decision approving the purchase, sale and transfer of all contributed capital of Prudential Holborn Life Limited at Prudential Vietnam Finance Company Limited to Shinhan Card Co., Ltd.

Increasing energy efficiency together with developing renewable energy is critical for Việt Nam to ensure energy security, according to expert.

Việt Nam must become a factory for the world and foster a good investment environment for all economic sectors in order to develop production and boost growth.