The My Parking app, which collects automobile parking fees via drivers’ smart devices, will be used on 23 streets in HCM City beginning on August 1, according to the HCM City Department of Transport.

  Vietnamese shares are expected to go up in August as investors look forward to listed companies’ earnings prospects in the remaining five months of the year, especially banks and financial firms.

 Foreign investors may soon be able to buy shares at companies providing paid radio and television services.

 Viet Nam is among the top three investment destinations in Southeast Asia for Singapore-based companies in the next two years, according to an HSBC study released on July 26.

 Viet Nam has for the first time ever become China’s biggest trade partner in the ASEAN bloc, with two-way trade hitting over US$10 billion for every month of 2018.

 Vietnamese enterprises need to improve their capacity to produce raw materials, components and machines of high quality to meet requirements of Japanese manufacturers in the country, experts said at a meeting held in HCM City last week.

 The US has maintained its leading position as Vietnam’s largest export market having spent US$21.6 billion on Vietnamese products in the first half of the year, accounting for 19 per cent of the country’s total export value as of July 15.

 Shortage of capital is hampering the operation of many small cashew factories in Viet Nam.

 The profitability of Vietnamese banks is strengthening as robust economic growth fuels credit demand and supports an improvement in asset quality, but challenges are also apparent, Moody’s Investors Service says in a recent report.

 The Ministry of Industry and Trade (MoIT) plans to publish a list of e-commerce websites and mobile applications that violate laws and regulations on online trading.

VietNamNet Bridge - The legal framework on supporting agricultural enterprises to shift to organic production has been set up, but this is not enough to kickstart the industry.

Ms. Nguyen Thi Tuong Van, HR lead of Mondelez Kinh Do VN shares with VietNamNet about the importance of human resource strategy and building corporate culture in the development of Mondelez in Vietnam.

 The ratio of the non-performing loans (NPLs) at commercial banks fell from 3.61 percent at the end of 2013 to 2.18 percent at present, according to Chairman of the Vietnam Asset Management Company (VAMC) Nguyen Tien Dong.

 Vietnam’s property market was attractive to foreign investors in the first two quarters of this year, with bustling merge and acquisition (M&A) activities, according to real estate firm Savills Vietnam.

VietNamNet Bridge - The success of automobile manufacturers is determined not only by product quality and design, but also by distribution networks and post-sale services.

 Vietnam is now the seventh biggest tea producer and the fifth biggest exporter of the product in the world.

 Fruits and vegetables may earn the country 4.7 billion USD this year, according to the Ministry of Agriculture and Rural Development.

 Vietnamese businesses have invested more than 279.6 million USD in projects abroad during the first seven months of 2018, according to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).

Ten years after expansion: Development hallmarks of Hanoi

 Hue is to install surveillance cameras at 200 sites around the city to supervise traffic circulation and security as well as to help emergency response.