The Government has proposed the National Assembly (NA) to consider pumping an addition of over 20.69 trillion VND (842.8 million USD) worth of State capital into the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) to improve its financial capacity for expanding international reach and for it to become one of Asia’s 100 largest banks.

The Vietnam Electricity (EVN) Group has suggested the Government, ministries and agencies allow it to revise up retail electricity prices in the coming time to ensure a balance in its production and business operations, heard a seminar held by the Vietnam Energy Association in Hanoi on July 28.

The Hanoi People’s Committee has approved the establishment of Dong La Industrial Cluster (IC) and the second phase of Duong Lieu IC on the outskirts district of Hoai Duc.

Hanoi Redtours has been named among the top 10 prestigious travel and tourism companies in 2019 by the VNR500 Ranking, which ranks the top 500 largest enterprises in Vietnam.

The life insurance industry will grow at over 25 percent this year, according to the Insurance Association of Vietnam (IAV).

The central province of Quang Ngai has revoked the investment licence of the Tan Mai pulp and paper production plant due to delayed construction and operation and incomplete land-use certificate procedures as well as poor finance.

The Vietnam Glass and Ceramics for Construction Corporation (Viglacera) will put up shares for sale in Singapore on May 9 as part of the company’s plan to sell 120 million shares in its initial public offering (IPO).

While support to enable firms to engage in global value chains has become pressing amid rapid international integration, businesses are still struggling to access credit, especially SMEs.

Software giant FPT is planning to seek investors for its FPT retail and trading segment this year, according to FPT’s website.

The Saigon-Hanoi Commercial Joint Stock Bank (SHB) was presented with the “Best Small and Medium Enterprises (SMEs) Bank in Vietnam 2015” award.