The Government is directing ministries and agencies to raise capital for State-owned commercial banks through the use of dividends or share sales this year.

Supermarkets and shopping malls in HCM City have seen a surge in sales during the long National Day holidays this year.

More than $1.41 billion in foreign direct investment (FDI) was poured into the northern port city of Hải Phòng over the past eight months of this year -  a year-on-year increase of nearly 100 per cent, the city’s official portal reported.

The growth, higher than 8.2 per cent in the same period last year, was mainly fuelled by the crude oil production sector which significantly expanded by 510 per cent and 520 per cent in June and July, respectively compared to last year’s corresponding period.

Việt Nam’s total revenue from retail sales and services had strong growth in the first eight months of this year due to the strong increase in purchasing power of the domestic market, according to the General Statistics Office (GSO). 

As of August, the city was home to 598 valid foreign-invested projects, worth a totalling over US$4.98 billion, a report from the Ministry of Planning and Investment's Foreign Investment Agency showed.

Cyber security is a hot issue globally. In Việt Nam, concerns on the subject have been expressed by the Government and departments, especially in the field of banking – finance, said Lê Mạnh Hùng, director of the State Bank of Việt Nam’s Information Technology Department.

Combining knowledge and research results among scientists, institutes and business schools is key to developing the science and technology (S&T) market in Việt Nam.

The consumer-to-consumer (C2C) market in Việt Nam will become a space for global tycoons following many recent investment deals with Vietnamese enterprises.

According to a new governmental decree, rice-exporting businesses will no longer be required to own rice storage, paddy milling and grinding facilities with processing capacities of 5,000 tonnes of rice and 10 tonnes of paddy per hour, respectively.

Credit growth in the first eight months of this year rose by 8.18 per cent over the end of last year, the lowest level since 2015, a report from the Ministry of Planning and Investment showed.

E-wallet and online payment gateway NganLuong.vn has announced its co-operation with 15 banks, including Vietcombank, VietinBank, Agribank, BIDV, SHB, ABBank, SCB and TVB, to support payments through scanned QR codes.

 The consumer price index (CPI) rose 0.45 per cent in August from the previous month, the General Statistics Office (GSO) reported.

Việt Nam expects to continue growth of textile and garment exports to South Korea by the end of the year after strong results in the first seven months of 2018, according to the General Department of Customs.

Quang Trung Software City, and the Vietnam Information Technology Outsourcing Alliance on Friday signed an agreement with Japan’s Fukuoka Information Services Industry Association to enhance business co-operation and support trade promotion by members of both sides.

Shares declined on Friday on both national stock exchanges before the National Independence Day Holiday, led by heavyweight stocks.

A conference to promote cooperation in the field of information technology between Đà Nẵng and Japan was organised in the central city on Thursday.

The agro-forestry-fishery sector raked in US$3.13 billion from exports in August, raising the total value in the first eight months of this year to $25.7 billion, up 7.3 per cent year-on-year.