The Vietnam National Petroleum Group (Petrolimex) began trading on the Ho Chi Minh Stock Exchange (HoSE) on April 21 with shares, coded PLX, starting at 43,200 VND (1.9 USD).

 The coast guards of Vietnam and China conducted a joint fishery patrol on shared fishing grounds in the Tonkin Gulf from April 18-20, Quan doi Nhan dan (People’s Army) daily reported. 

 The Saigon Commercial Joint Stock Bank (SCB) is negotiating with foreign partners to sell a stake in excess of 50 per cent.

The Duoc Hau Giang Pharmaceutical JSC (DHG) approved increasing its foreign ownership limit to 49 per cent at the company’s annual general meeting on April 18. 

 Civil Aviation Authority of Vietnam (CAAV) and national carrier Vietnam Airlines (VNA) are completing the necessary procedures to open direct air routes to the United States in 2018.

 ANZ Vietnam will be offloading its retail banking arm to Shinhan Vietnam by the end of 2017, to focus primarily on its institutional banking in the country, ANZ Vietnam said in its latest press release.

With the listed price of VND43,200 ($1.9) per share, Petrolimex’s market capitalisation stands at $2.46 billion, making it the ninth largest Vietnamese enterprise in this respect on the stock market. 

 Viet Nam is forecast to be the fastest growing convenience store market in Asia by 2021, according to new data released by international grocery research organisation the Institute of Grocery Distribution (IGD).

 Many Vietnamese parents want children to study majors which are thought to be easy to get a well-paid job after graduation, but often ignore what the children actually want to study.

 To-be-bankrupt financial and credit institutions may have to refund their individual customers using support loans from the State Bank of Viet Nam (SBV) and other financial firms.

 Viet Nam will inspect a sample from every batch of tra fish exported to the US to check them for food safety, according to a new ministerial decision.

VietNamNet Bridge - The average price for imported pork is now $1.2 per kilo, or VND27,000, while the domestic pork price has dropped dramatically to a 30-year low.

 Vietnam is willing to share experience in managing and organising primary education with Bangladesh, Vice Chairwoman of the National Assembly (NA) Committee for Culture, Education, Youth, Adolescents and Children Hoang Thi Hoa has said.

Vietnam and the US should sustain and strengthen economic and trade links, Deputy Prime Minister and Foreign Minister Pham Binh Minh said, describing these links as key to bilateral relations.

 The US State Department has announced that it is coordinating the transfer of the US Coast Guard Cutter Morgenthau (WHEC 722) through the Foreign Assistance Act to the Vietnam government.

 After a period of stagnation, capital inflows into the textile and garment industry have started pouring back, continuing to expand existing projects, with a focus on deeper exploitation of existing export markets.

 Real estate analytics show a marked rise in foreign-ownership of high-end properties in Vietnam.

 Foreign Ministry’s spokesperson Le Thi Thu Hang has stated that the US companies and Monsanto in particular need to hold responsibility for assisting efforts to recover from Agent Orange (AO)/dioxin consequences in Vietnam. 

 A seminar introducing Korean energy technology to Vietnamese enterprises took place in Ho Chi Minh City on April 20, attracting representatives from nearly 60 firms, research institutes and State management agencies from the two countries. 

 Hi-tech enterprises from the US and Vietnam gathered at a workshop to seek ways to develop clean energy for smart city in Ho Chi Minh City on April 20.