The Việt Nam-China International Trade Fair is scheduled to take place in Dongxing city, in China’s Guangxi province from November 8-12.

With HCM City now discouraging investment in labour-intensive sectors and preferring technology-based industries, investment in its industrial parks and export processing zones decreased by 53.95 per cent year-on-year in the first nine months of this year to US$354.77 million.

The Hà Nội Railway Transport Joint Stock Company (Haraco) yesterday launched two express freight trains which will run on the route from the city’s Giáp Bát Station to Sóng Thần Station in southern Bình Dương Province and vice versa.

Economic growth this year would climb up to 6 per cent on the back of recovery signs shown in the third quarter, falling short of the 6.7 per cent target set by the Government.

Vietnamese shares were saved yesterday during the late period as higher oil prices helped raise energy firms and steelmakers advanced on expectations for good third-quarter performance reports.

The Ministry of Industry and Trade (MoIT) issued a decision to establish a steering committee for the sale of shares of two leading brewery companies.

Prime Minister Nguyễn Xuân Phúc yesterday launched the patriotic patriotic emulation movement themed “Vietnamese businesses towards integration and development” at a ceremony held in Hà Nội on the occasion of Việt Nam Entrepreneurs’ Day (October 13).

Credit should grow faster in the last quarter so that growth target of 18-20 per cent set for the year can be reached, National Financial Supervisory Commission (NFSC) experts suggested.

Several big companies are planning to follow their peers in moving shares from Ha Noi to the HCM Stock Exchange (HOSE) in an attempt to boost stock prices and improve liquidity.

Around VNĐ178.11 trillion (US$7.98 billion) was lent to more than 19,150 businesses in HCM City in the first nine months of the year under a programme that help connects banks with businesses, according to the State Bank of Việt Nam.

Việt Nam’s tuna exports have witnessed a significant increase, after three years of downfall, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).

Mexico will be a gateway for Vietnamese firms to expand exports to Latin American markets, heard a conference yesterday.

Vietnamese shares extended losses for a second day, driven by the energy sector after crude prices retreated from a four-month high reached last week.

 Deputy Prime Minister Vương Đình Huệ has asked the Ministry of Planning and Investment (MPI) to make a list of State-owned enterprises (SOEs) that refuse to publish information, so that appropriate punishment can be determined.

Credit institutions expect credit growth this year to reach 21.82 per cent, according to the State Bank of Việt Nam’s Q4 survey.

Organisations dealing in production and business activities, with a charter or investment capital of more than VNĐ10 billion (US$444,440), must pay a business fee of VNĐ3 million per year.

The State Capital Investment Corporation (SCIC) has selected consultants to advise on the sale of a 9 per cent stake in dairy firm Vinamilk, the government’s investment arm announced last Friday.

The Government launched a new website this month which enables businesses to send feedback and suggestions.