The International Finance Corporation (IFC) has provided a 100 million USD long-term loan for the Orient Commercial Joint Stock Bank (OCB) to increase the private sector’s contributions to green and sustainable growth in Vietnam.

The Ministry of Industry and Trade (MoIT) and the Ministry of Finance (MoF) announced the adjustment of petrol prices to be over 850 VND higher per litre at 3pm on July 12.

Vietnam's total import turnover of livestock products in the first six months of 2021 is estimated at 1.82 billion USD, a year-on-year increase of 8.9 percent.

Vietnam Airlines is planning to resume several routes linking with certain destinations in Asia, Europe, and Australia from mid-July.

The VinFast Commercial and Services Trading Co. Ltd officially put its branches in the US, Canada, France, Germany, and the Netherlands into operation on July 12.

Bien Dong Petroleum Operating Company (Biendong POC), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), has reported that its revenue in the first six months of 2021 exceeded the set plan by four percent.

Some 39.2 percent of surveyed manufacturing and processing enterprises expect better performance in their production and business in the third quarter of 2021, and 38.6 percent believe to enjoy stable production and business, according to a survey recently conducted by the General Statistics Office (GSO).

The State Bank of Vietnam set the daily reference exchange rate at 23,198 VND per USD on July 12, down 3 VND from the last working day of previous week (July 9).

The Electricity of Vietnam Generation Corporation No. 2 (EVNGenco2) inked a strategic cooperation agreement with Sembcorp Industries of Singapore on July 11 in Can Tho city to explore a strategic partnership on July 11 in Can Tho city.

The Mekong Delta province of Bac Lieu has chosen renewable energy as one of its top priorities, aiming to restructure the economy towards green growth and sustainable development.

Honda Vietnam posted an 8.9-percent increase in retail sales of automobiles but a 16.9-percent drop in that of motorbikes in June, the firm announced on July 10.

Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu has asked the Vietnam Banks Association (VNBA) to campaign lenders to slash interest rates immediately this month.

The 2021 Thieu lychee crop has generated over 6.8 trillion VND (over 296 million USD) in revenues from fruit sales and related services for the northern province of Bac Giang, according to the provincial People’s Committee.

Vietnam’s economy is expected to grow by between 6-6.5 percent over the next decade, and at this pace, it will surpass Singapore by 2030, DBS Bank experts have said.

Cement, tile and construction glass are seeing excess supply over demand, according to the Ministry of Construction.

The strengthening of trade exchange between Vietnam and India not only by the traditional method but also in the online format has contributed to promoting the comprehensive strategic partnership between the two countries, said Hoang Minh Chien, deputy head of the Vietnam Trade Promotion Agency (VIETTRADE) under the Ministry of Industry and Trade.

Educa Corporation, a Vietnamese educational technology (Edtech) startup, has raised 2 million USD in a Series A funding round from Singapore-based ReDefine Capital Fund.

Oversea remittances to Ho Chi Minh City were worth 3.2 billion USD in the first six months of this year, despite the COVID-19 pandemic roiling on many economies around the world.

The Ministry of Industry and Trade (MoIT) has decided to impose an anti-dumping tax ranging between 39.63-68.5 percent on sorbitol imports from China, India and Indonesia.

Vietnam’s shrimp export revenue in June hit nearly 402 million USD, bringing the six-month figure to 1.7 billion USD, up 13 percent year-on-year, reported the Vietnam Association of Seafood Exporters and Producers (VASEP).