The Việt Nam Bank for Social Policies (VBSP) raised VNĐ150 billion (US$6.5 million) at the latest auction of Government-guaranteed bonds on the Hà Nội Stock Exchange (HNX) held on Monday. 

The outlook looks bright for two-way trade between Việt Nam and the Czech Republic, as the two countries’ import-export turnover in the first five months of this year reached nearly US$464.5 million, up 15.6 per cent from the same period last year. 

HDBank, one of Việt Nam’s largest joint stock commercial banks, set up its first branch in Thái Nguyên Province on July 20, providing financial services such as loans, money transfers, and saving accounts, as well as highly-paid job opportunities for locals.

The Government will have to decide either to devalue the Vietnamese đồng further against the US dollar to support exports and avoid cheaper Chinese goods to flood in the local market, or keep the dollar/đồng exchange rate stable to avoid increased public debt and control inflation as the US-China trade war accelerates.

Việt Nam’s motorcycle market has been rapidly growing in recent years, bucking expectations that it would enter a saturation stage, as consumption shifts from semi-automatic motorbikes to scooters and from widely popular scooters to luxury vehicles.

A large number of poor people and women in Việt Nam have not accessed mobile banking.

Cigarette smuggling has caused a loss of thousands of billions of Vietnamese đồng each year for the state, according to figures released by the Việt Nam Tobacco Association at a symposium held yesterday in Cần Thơ.

The benchmark VN-Index on Monday bounced back from a fall on Friday thanks to the increases of individual large-cap stocks.

Thủ Đức Thermal Power Plant, in co-operation with Bách Khoa Investment and Development of Solar Power Corporation (SolarBK Holdings),  has developed a rooftop solar system to supply 53,000 kilowatt hours of renewable energy per year.

The 11^th Dialogue between the Federation of Japanese Chambers of Commerce and Industry in ASEAN (FJCCIA) and the Secretary General of ASEAN Dato Lim Jock Hoi was held in HCM City in cooperation with Japan External Trade Organisation (JETRO) yesterday.

The Ministry of Industry and Commerce’s HCM City Market Surveillance Agency on July 22 (Sunday) inspected three Con Cưng (Baby) Ltd, Co. stores, a retailer that sells baby products in HCM City, for possible fraud.

The price of bio-fuel E5 was kept unchanged while diesel 0.05S and kerosene increased slightly by VNĐ213 and VNĐ69 per litre, respectively, in the latest regular adjustment of petrol and oil prices as of 3pm on Monday.

The US dollar listed at commercial banks on Monday appreciated sharply against the dong right after the State Bank of Việt Nam (SBV) ceased its intervention on the exchange rate.

The southernmost province of Cà Mau is expected to build a solar power plant in order to boost its renewable energy sources.

The Bảo Việt Group ranked first among insurance companies in Việt Nam with a revenue of more than VNĐ9.9 trillion (US$423.7 million) in the first half of 2018. 

The interest rate for Vietnamese đồng loans in the inter-bank market has hit the highest level since the beginning of the year due to high demand.

The ‘Sơn La Longan and Safe Farm Produce Week 2018’ officially kicked off at Big C Thăng Long (Hà Nội) on July 21, hosted by the Sơn La People’s Committee.

Việt Nam maintained high trade surplus by the first half of July, according to the General Department of Customs.