Calendar producers in HCM City have resumed work after the city lifted its lockdown to ensure they can supply the domestic and foreign markets for the upcoming New Year.

The State Bank of Vietnam set the daily reference exchange rate at 23,158 VND/USD on October 6, up 4 VND from the previous day.

The State Capital Investment Corporation (SCIC) is expected to divest capital from six major enterprises in the first quarter of next year, fetching between VNĐ15 trillion and VNĐ20 trillion (US$652-870 million) for the State budget.

The outlook for Việt Nam’s emerging liquefied natural gas (LNG) sector remains promising as the country’s need for the product is large to serve its power development plan, according to Fitch Solutions.

Companies in HCM City and other industrial hubs like the neighbouring provinces of Bình Dương and Đồng Nai are struggling with a labour shortage after the pandemic.

The market extended gains on Tuesday as a strong injection of cash was poured into a series of banking and real estate stocks, propelling the indices.

The lender hopes the bond issue will enhance its position and brand in the international market, diversify capital mobilisation channels and help ensure the capital adequacy ratio.

E-commerce and delivery platforms in HCM City are launching a slew of promotions as the city eases social distancing after they remained closed or faced restrictions for a long period amid lockdowns.

The Vietnam National Coal – Mineral Industries Holding Corporation Limited (Vinacomin) has said its total revenue in the first nine months of this year was estimated at 94.6 trillion VND (4.11 billion USD), 13.2 trillion VND of which has been added to the State budget.

The Mekong Delta province of Kien Giang has approved a list of 55 projects calling for investment in the 2021-2025 period, with total needed capital amounting to over 20.6 trillion VND (around 910 million USD).

Industrial production firms in Ho Chi Minh City have not yet showed signals of recovery due to the COVID-19 pandemic.

The Vietnam Oil and Gas Group (PetroVietnam) has surpassed important business and financial targets set for the first nine months of 2021, with its contribution to the State budget fulfiling the yearly plan.

Visa, one of the world’s leading electronic payment technology companies, announced that it has partnered with Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) to deploy the inbound remittance transfer service through Visa Direct.

Several major components of NovaWorld Phan Thiet entertainment and tourism complex, including the 36-hole PGA golf course cluster, will be put into operation at the end of this year, according to developer Novaland Group.

The Civil Aviation Authority of Vietnam (CAAV) has shown its support for Bamboo Airways to conduct regular direct flights to the US in a recent report to the Ministry of Transport.

The administration of Hanoi has issued a number of breakthrough mechanisms and policies to support the development of startups.

Enterprises in Hanoi are accelerating production and export as the COVID-19 pandemic is basically put under control in the capital city.

Fujikin International Incorporated from Japan officially commenced construction of an R&D centre at Đà Nẵng High-Tech Park worth a total of US$35 million, seven months after getting an investment licence.

Minister of Information and Communications Nguyễn Mạnh Hùng said that the Government would sign a decree on frequency auctions in the fourth quarter so that the ministry could grant 4G/5G frequencies for operators to invest in increasing capacity and especially 5G coverage next year.

Asia Risk, a prestigious magazine specialising in risk management and derivatives in the Asian market, has just honoured VPBank as 'House of the Year 2021' – the best bank in the field of risk management and derivative products in Việt Nam.