Thai budget carrier AirAsia has launched a new route between the central city of Đà Nẵng and Bangkok, Thailand, seven days a week, starting from June 9.

A mega power project being built at a rapid pace will soon supply enough electricity to meet the needs of 45 million people and help Egypt effect more than $1 billion in fuel savings a year.

The fifth plenary meeting of the 12^th Communist Party of Việt Nam Central Committee in May issued an important resolution which acknowledges greater contribution of the private economy to the country’s socio-economic growth and asserts the role of the private economy as “an important driving force of the socialist-oriented market economy”.

Credit growth expanded 6.53 per cent in the first five months of the year, contributing significantly to the growth of domestic production and business.

Prime Minister Nguyễn Xuân Phúc pledges hastened efforts in improving business climate to attract more Japanese investments, aiming at a new era in the economic cooperation between the two countries.

The three aircraft are part of the A320 family aircraft contract signed earlier between Vietjet and European aircraft manufacturer Airbus.

Both stock indices rebounded on Monday, driven by a recovery among bank stocks, as traders sought bargains after a short decline last week.

In its Global Economic Prospects report released June 4, 2017, the World Bank (WB) forecasts that while global economic growth rate should amount to 2.7 per cent this year, Việt Nam’s own annual estimated forecast will surpass 6.3 per cent but still lower than the 6.7 per cent goal set by the government earlier.

Prime Minister Nguyễn Xuân Phúc met representatives of many major Japanese enterprises in Tokyo on Monday, as part of his official visit to Japan.

The Ministry of Finance has issued a circular to guide the implementation of Decree 69/2016/NĐ-CP on conditions for debt trading.

The domestic retail price of petroleum increased by VNĐ303 to reach VNĐ17,366 (77 US cents) per litre as of 3pm on Monday, the Ministry of Industry and Trade (MoIT) said.

Steelmaker Hòa Phát Group (HPG) plans to issue over 250 million shares to raise capital for investment in the second phase of Hoà Phát Dung Quất iron and steel production complex.

The Government is not considering a hike in power tariffs, said Đỗ Thắng Hải, Deputy Minister of Industry and Trade (MoIT).

The domestic aviation market is expected to see changes in 2018 with the participation of new and big private investors, experts said.

Analysts said the decline in the CPI and some other positive changes in the economy are vital conditions for the State Bank of Việt Nam (SBV) to think of lowering the interest rate.

Price competition between traditional taxis and ride hailing companies like Grab and Uber has become fierce, but it is mostly the drivers on both sides who are suffering the biggest losses.

Demand for organic farm and other products has increased significantly both in Việt Nam and globally, and this is good news for businesses investing in the field, according to the Ministry of Agriculture and Rural Development.

Shares are likely to rise slightly this week on the forecast that investor confidence will pick up on positive macroeconomic signals and sustained foreign investment.