Foreign direct investment (FDI) in HCM City is dwindling and cannot continue to drive the economy, the head of the city’s Department of Planning and Investment has said.

According to statistics from the State Bank of Việt Nam (SBV), as of May, State-owned banks’ combined equity was VNĐ252.472 trillion (US$10.83 billion), down 0.86 per cent.

An investigation into baby product retailer Con Cưng has found that it had complied with all import and consumer protection regulations and possessed documents to prove origin, the Ministry of Industry and Trade has reported.

Việt Nam’s agricultural and aquatic exports to China are likely to face higher quality requirements and stronger competition from other ASEAN exporters although China’s demand for these goods is still on the rise, heard a meeting on Saturday.

Việt Nam’s textile and garment industry is doing well abroad, but struggling at home, according experts. Exports of popular brands have raked in tens of billions of dollars each year – but with a population of 90 million, few firms are focusing on the local customer.

The stock market is forecast to have a positive week with supportive information from exchange-traded fund (ETF) restructuring for the third quarter together with continued cash flow pouring into the market.

Condominiums remain the best bet for people living in big cities thanks to their affordable prices, and not surprisingly the HCM City apartment market is showing signs of recovering after the slowdown caused by the Carina Plaza fire at the beginning of this year, insiders said.

Good agricultural practices and food safety certification are the first requirements for agricultural producers who want to export or sell to international retail chains, experts have said.

The availability of a series of new foreign domain names in the Vietnamese market is offering more choices to local companies and opening up new opportunities for domain name registrars.

Seafood processor Vĩnh Hoàn Corporation has announced its July exports rose 36 per cent year on year to US$37 million.

Cyber security risks could lead to trillions of dollars in economic losses to businesses, said Trần Văn Dũng, Chairman of the State Securities Commission.

Việt Nam expects to have sustainable development of the domestic honey and bee industry to improve output and quality of honey over the next two years.

Shares closed the week in the green but there were signs of weakness along with declining liquidity.

Microsoft said it plans to undertake programmes to narrow the digital technology gap in Việt Nam.

“Digital transformation or lose?” is a key message raised during the second-day of the Cambodia, Laos, Myanmar, Việt Nam, and Thailand (CLMVT) Forum 2018, held in Bangkok from August 16 to 17.

BGRIM, through subsidiary B Grimm Renewable Power 2 Ltd, has acquired an 80 per cent stake in Phú Yên TTP Joint Stock Company, the project company investing and developing in a 257MW PV scheme in the the south central province of Phú Yên.

The State Bank of Việt Nam (SBV) has recently announced the revision of licensing certificates for TPBank and Techcombank after the two banks finalised their capital hike plans.

The Đà Nẵng International Airport continues to hold the first position in Việt Nam in terms of providing the best service quality, according to a survey of nearly 21,000 passengers in the fourth quarter of 2017.