Moody, one of the world’s leading credit ratings agencies, has upgraded the credit rating outlook of the Joint Stock Commercial Bank for Foreign Trade of Việt Nam (Vietcombank) local currency deposits and issuer ratings to “positive”, from its previous level of "stable".

The Ministry of Agriculture and Rural Development (MARD) has approved a project to increase competition in the seafood sector with financial supports from the State budget, international organisations and businesses.

The Ministry of Agriculture and Rural Development and the Norwegian Embassy organised a business seminar on sustainable aquaculture in Cần Thơ Province on Saturday.

An international clients conference for the cashew industry will be held in southern Bình Phước Province next week to provide an opportunity for cashew farmers, processors and traders to exchange information and explore business opportunities with local and foreign partners.

Việt Nam’s exports of marine aquaculture produce is expected to reach US$12-13 billion by 2020 and $30-35 billion by 2030, according to the Việt Nam Sea Culture Association.

It is the bank shareholders meeting season, and topping the agenda, besides the dividend payout ratio, is increasing their regulatory capital.                               

The benchmark VN-Index is expected to peak 732 points again, which was seen one month ago, in the back of strong buys by foreign investors as well as positive economic indicators, analysts have forecast.

Asian Development Bank President Takehiko Nakao has called for more investments in infrastructure to support continued growth in Asia and the Pacific amidst a range of emerging challenges. 

The benchmark VN-Index retreated to 720 points on Friday which represented a decline of 0.28 per cent as bank and agribusiness shares lost steam.

Many commercial banks posted positive earnings in the first quarter of the year, contributing to the rosy outlook for the banking sector in 2017.

Based on their strong growth in recent years, the tourism and hospitality sectors are predicted to develop rapidly and attract plenty of investment, according to experts.

Construction giant FLC Faros has set a revenue target of VNĐ4.9 trillion (US$217.78 million) and a post-tax profit of VNĐ580 billion for 2017.

The implementation of Internet Protocol version 6 (IPv6) was important for the country to develop the Internet of Things (IoT) and its abilities of device connectivity and security support, noted Phan Tâm, deputy minister of information and communications at a workshop celebrating Việt Nam IPv6 Day 2017 in Hà Nội yesterday.

The State Bank of Vietnam (SBV) issued an official document asking credit institutions to support borrowers in the livestock industry, especially pig farmers in need of credit extension as market demand struggles to find equilibrium.

Industrial land in Việt Nam has continued expanding since the beginning of this year, despite uncertainty over the future of the Trans-Pacific Partnership (TPP) after the withdrawal of US support for the deal.

Trade ties between Việt Nam and Turkey, despite rapid expansion in recent years, remain far below potential, according to the Việt Nam Chamber of Commerce and Industry.

The Ministry of Construction (MoC) has allowed the Đất Lành Real Estate Company to temporarily apply the minimum areas of 25sq.m for its commercial apartments. However, the apartments should still ensure enough functional space for living.

The value of foreign direct investment (FDI) capital in Việt Nam reached US$10.95 billion in the first four months of this year, a year-on-year increase of 40.5 per cent.