Petrol stocks were the darlings of the market on Tuesday, supporting the VN-Index’s rally while reducing the downward momentum of the HNX-Index.

Aiming to be a consumer airline, Vietjet has opened many new routes, added more aircraft, invested in modern technology and offered more add-on products and services to serve demands of customers.

Hoàn Mỹ Medical Corporation on Monday successfully issued VNĐ2.33 trillion (US$99.7 million) in dual-tranche fixed rate bonds.

 Vietcombank is estimated to gain a profit of some VNĐ1 trillion (US$42.74 million) from its divestments at Military Bank (coded MBB) and Eximbank (coded EIB) this month.

An analysis by Việt Dragon Securities Corporation (VDSC) has found that Vietnamese banks’ shares have better returns than shares of foreign banks.

The State Bank of Việt Nam has allowed Tiên Phong Bank (TPBank) and Bản Việt Bank (Viet Capital Bank) to increase their charter capital through share issuances.

 A majority of credit institutions in the country expect an upward trend in their business this year, according to a survey released on Monday by the State Bank of Việt Nam.

 Việt Nam spent US$839 million to import 2.97 million tonnes of fertiliser in the first nine months of this year, down 17.4 per cent in volume and 13.1 per cent in value compared to the same period last year, the Ministry of Agriculture and Rural Development (MARD) reported.

Việt Nam National Shipping Lines (Vinalines) debuted on the Unlisted Public Company Market (UPCoM) on Monday, but its shares were immediately restricted from trading, according to the Ha Noi Stock Exchange (HNX).

The State Bank of Việt Nam gave the nod to Nam Á Bank to open five new braches and 30 dealing rooms.

 CEO of Hanoi Transport Services Corporation (Transerco) Nguyễn Hoàng Trung was appointed the corporation’s chairman in Hà Nội on Monday.

Seafood consumption in the domestic market is predicted to increase sharply, with the annual average expected to hit 33-35 kilos per person by 2020, said acting director of the Agriculture and Rural Development Ministry’s Agricultural Market Processing and Development Nguyễn Quốc Toản.

Việt Nam expects to earn a total of U$9 billion from seafood exports this year, a year-on-year increase of 7 per cent, after achieving good results in the first nine months, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).

Kobiton, a mobile testing platform developed by Vietnamese engineers, has successfully raised US$3 million in seed funding from three US companies, venture capital investor Kinetic Ventures, technology company KMS Technology and venture fund Service Provider Capital.

ADEN, a Pan-Asian facility management company, has agreed to acquire the Việt Nam subsidiary of international facility management company OCS to strengthen its leading position in the country.

The 18^th International Co-operative Alliance - Asia Pacific regional workshop for managers opened at Saigon Co.op’s head office in HCM City on Monday.

The Government should reconsider its ban on the import of wheat infected with cirsium arvense, a kind of weed, participants told a seminar in HCM City on October 8, warning it would have an adverse impact on businesses.

Vingroup’s retail arm, VinCommerce, has completed the acquisition of the Fivimart supermarket system, according to a Vingroup press release published yesterday.