Overseas investment projects of Vietnamese state-owned enterprises made losses of $367 million in 2018, up 265 percent year-on-year, a government report said.
The Transport Ministry has opened a new evaluation round for local investors for the North-South Expressway after lowering the experience and capital criteria.
Switching from an international to a domestic tendering process for the North-South Expressway means the investor selection will take at least until August 2020 to complete.
Export businesses have backed a government proposal to increase the annual overtime cap for workers, saying it would help during the peak production season.
The Ministry of Transport has completed a pre-feasibility study for a VND5.5 trillion ($237 million) expressway between Tien Giang and Dong Thap provinces.
Vietnam is among 38 emerging market economies to have initiated banking reforms towards promoting sustainable development and fighting climate change, a report says.
The Finance Ministry says downgrading Vietnam’s rating because of a delayed debt repayment is inappropriate as the government's a guarantor, not a borrower.
Vietnam will partner with Japanese conglomerate Sumitomo and tech firm NEC to build a satellite to forecast weather and survey damage caused by disasters.
Vietnamese IT giant FPT Corporation posted a 28 percent increase in profit in the first 9 months of the year, mainly contributed by its technology sector.
Non-banking financial companies in Vietnam are expected to pay the highest bonuses of 30.4 percent this year, followed by insurance firms 22.9 percent.
