The establishment of the Committee for Management of State Capital (CMSC) aims to improve accountability for the use and management of State capital in business operations, thereby preventing loss and wastefulness. 

 Fitch Ratings expects Vietnamese banks to sustain their improving operating trends in the second half of 2018 (H2) on the heels of better credit quality and profitability, and broadly stable funding and liquidity in the first half.

 Policies on attracting investment in the country’s oil exploration should be streamlined to make the industry more attractive, especially when the country is facing a rapid exhaustion of main oil discoveries, experts recommended.

 Fifty booths featuring fish breeding equipment and 200 ponds for ornamental fish are on display at the third Ornamental Fish Festival.

 Higher feed-in tariffs for wind power projects in Viet Nam will help push forward the completion of many projects and ensure they begin operation.

 The World Economic Forum (WEF) on ASEAN 2018 (WEF ASEAN 2018) in Vietnam is the most successful regional meeting of the WEF, stated WEF Founder and Executive Chairman Prof. Klaus Schwab.

 Although Vietnam’s aviation industry has great potential for development, there remain bottlenecks which need to be removed, especially in infrastructure development.

 The Uzbek U23s and Palestine’s Olympic team arrived in Hanoi on August 1 for the Vietnam Football Federation (VFF) U23 International Championship - Vinaphone Cup 2018.

 The State Bank of Viet Nam said that it agreed with the proposal of the Ministry of Industry and Trade to suspend the import of cryptocurrency mining machines in a move to improve the management of currency transactions in the country.

 The total value of foreign and domestic investments in industrial and economic zones nationwide fell slightly in the first half of 2018.

 The decision of the European Commission (EC) to extend its yellow card issued for Vietnam’s seafood until January next year will make life more difficult for local seafood exporters, local officials said.

 The State Bank of Vietnam will continue managing monetary policy in an active, cautious and flexible manner and combine with other fiscal and macro-economic policies to control inflation.markets. 

The Vietnam Airlines Corporation announced that it will switch operations to Terminal T2 from Terminal T1 at Baiyun International Airport in China’s Guangzhou city from May 19 to improve its services.

 Le Thi Thu Hang from HCM City’s Go Vap District recently ordered a product displayed on an e-commerce marketplace from a supplier that had no e-commerce website.

 The US Department of Commerce (DOC) has received petitions on an anti-dumping investigation into polyethylene retail carrier bags (plastic bags) from Vietnam.

 The People’s Council of the northeastern border province of Quang Ninh has approved a project proposing the establishment of Van Don special administrative-economic unit at its sixth meeting of the 13th tenure in Ha Long city.

Localities in the Mekong Delta region have called for investment in 33 projects in the groups of real estate and tourism, with a total investment of nearly VND7.8 trillion (US$343.2 million).

 More international groups are rushing to supply medical equipment for healthcare facilities in Vietnam to cash in on the lucrative medical equipment market, which is forecast to hit $1.4 billion in value in 2018.

The Republic of Korea-based Samsung Fire & Marine Insurancesigned agreements to become a strategic investor of Petrolimex Joint Stock Insurance Company and to acquire 20 percent stake in the Vietnamese insurer Friday.

 Many universities in the US have announced their award of scholarships to Vietnamese top swimmer Nguyen Thi Anh Vien.