Ho Chi Minh City will adopt incentives to encourage the private sector to develop social housing for sale and rent due to the city’s shortage of affordable homes for low-income families and industrial park workers.

 Several businesses have set up strategies to help their processed coffee products win the trust of global consumers, given their belief that Vietnamese coffee has the strength and potential to do so.

Many foreign companies are planning to pour more investments for expansion in Vietnam in the long run after gaining good business performance in the fruitful market.

 84 per cent of executives surveyed by PwC report blockchain initiatives underway, while 15 per cent are fully live.

 The life insurance sector pumped over 215 trillion VND (9.34 billion USD) into the economy in the first half of this year, according to the Insurance Association of Vietnam (IAV). 

 Vietnam is one of the fastest-growing e-commerce markets in Southeast Asia, according to information released at the Vietnam Online Marketing Forum 2018 (VOMF 2018) on August 17.

 Businesses have been taking steps to mitigate the impacts of the current volatile exchange rate situation on their business operations.

 Vietnam secured 14 gold medals on the first day of the Ho Chi Minh City International Track & Field – Vietnam Open 2018.

 The People’s Committee of Binh Thuan has asked the Vinh Tan 1 Power Company Limited to suspend the trial run of environmental protection facilities at the Vinh Tan 1 thermal power electricity plant. 

 Traditional grocery retailers also expressed their great concern about the support from consumers, consumer traffic to their stores and competition from other retailers, according to a survey from Nielsen Vietnam.

Vietnam Sun Corporation (Vinasun) has reported the third consecutive quarter of loss in its passenger transport business due to competition from ride-hailing services.

 The Ministry of Agriculture and Rural Development said the GDP of agriculture, forestry and fishery is likely to expand to over 4 percent in the first six months of this year, the highest level in the past decade.

 The resumption of the two bio-ethanol factories Binh Phuoc Ethanol and Dung Quat Bio-Ethanol Fuel will contribute to increasing E5 fuel supply and decreasing retail prices.

 Vietnam’s second largest electricity producer, PetroVietnam Power Corporation (PV Power) plans to divest the state-owned stake by putting the shares on sale on the stock exchange in a single bulk.

 Experts proposed a number of measures to improve the quality of growth and competitiveness of the economy in Ho Chi Minh City at a seminar on June 23.

 The Danang Investment Promotion Agency (IPA Danang) is calling for local and foreign companies to develop six hi-tech agriculture projects worth a total of some US$90 million, in the central coastal city, an official said.

 The State Bank of Viet Nam (SBV) has continued net cash injections into the monetary market for three consecutive weeks to support the liquidity of the banking system.

 The People’s Committee of Ninh Thuan province has granted investment licences to nine solar power projects worth over 12 trillion VND (527.4 million USD).

Despite a huge reduction in revenue in China due to engine errors affecting CR-V and Civic vehicles, Honda is still doing well in Vietnam based on its market shares in the motorbike and car segments, with a new record in car sales.

 Eleven investors, including those from the Republic of Korea and China, wish to invest in the My Thuan-Can Tho expressway in the Mekong Delta region.