Many bank clients have bought insurance through their banks (bancassurance), but they have received no support from the institutions when problems arose.

The Ministry of Transport has been tasked with coordinating with relevant ministries, sectors and localities in considering and handling recommendations of the Vietnam Railways Corporation (VNR) on how to better the capacity of international railway transport serving import and export activities.

Vietnam exported around 110,000 tonnes of rubber worth 181 million USD in May, up 40.4 percent in volume and 27.9 percent in value against the previous month.

Deposit interest rate in the second half of this year might be adjusted up some 0.3 to 0.5 percentage points, experts forecast.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,057 VND/USD on June 8, unchanged from the previous day.

Việt Nam needs to reduce taxes and fees for petrol and oil products to stabilise the domestic petroleum market and ensure economic growth, according to experts.

Consumers are increasingly looking for natural and environment-friendly products and those with health benefits after the COVID-19 pandemic, according to the High Quality Vietnamese Product Business Association.

With the real estate market facing liquidity problems, analysts have called for the Government and banking industry to create a mechanism that enables property developers to borrow and issue bonds.

The Việt Nam Oil and Gas Group (PetroVietnam) pumped 4.55 million tonnes of crude oil in the first five months of 2022, surpassing the plan by 22 per cent, contributing to ensuring national energy security and national development.

The stocks market was mixed on Tuesday, as a strong recovery in risk asset demand in the last minutes of the afternoon session helped pull the VN-Index out of the bearish trend set in the morning trade.

As the Ministry of Labour, Invalids and Social Affairs has been gathering comments on a draft on the minimum wage, insiders said the proposed wages are insufficient to make ends meet.

Twenty Vietnamese enterprises are participating in Seoul Food 2022, which kicked off at the Korea International Exhibition Centre (KINTEX) on June 7.

Cooperation opportunities between Hanoi’s businesses that offer main industrial products and Italian enterprises were highlighted at a conference in the capital city on June 7.

The Law on Support for Small- and Medium-sized Enterprises (SME) took effect on January 1, 2018, but its programmes have not provided adequate coverage to make any big difference.

Minister of Agriculture and Rural Development Le Minh Hoan said that it is necessary for the nation to shift from agricultural production to an agricultural economy.

Vietnam shipped 889,000 tonnes of coffee overseas for more than 2 billion USD in the first five months of 2022, up 24.2 and 54 percent year on year, respectively.

Analysts said that the tourism sector is in a good position to make a strong recovery.

Vietnam has many more opportunities to increase export of fruits and vegetables to the European Union - the world's largest market, thanks to tariff incentives brought by the EU-Vietnam Free Trade Agreement (EVFTA), according to analysts.

Appropriate policies and regulations will help fully exploit untapped potential in developing blue sea economy, which plays an important role in socio – economic development of Vietnam, according to insiders.

Minister of Agriculture and Rural Development Le Minh Hoan has said that his ministry will review and adjust policies to encourage and support businesses to invest in agriculture, and develop production in accordance with international standards and practices to better serve the export of agricultural products.