The Bkav Technology Group has spent VND500 billion (nearly US$22 million) since 2009 on researching and producing the indigenous smart phone called Bphone, its CEO Nguyen Tu Quang has revealed.

Electronics retailer Tran Anh Digital is seeking its shareholders’ approval to sell a 25 per cent stake to Mobile World, paving the way for a merger into the latter company.

VN will reform rice production to gain sustainable development in the production and export of rice, according to Viet Nam’s Rice Market Development Strategy from 2017 to 2020.

VN ranks the fifth most optimistic country globally with an index score of 117 in the latest Consumer Confidence Index released by Nielsen, its highest score in the past five years.

The speedy repossession of collateral is a credit-positive step for Vietnamese banks, which continue to grapple with legacy asset-quality issues caused by rapid credit growth, Moody’s Investors Services said.

 Weightlifter Thach Kim Tuan on August 28 won a gold medal in the men’s 56-kg event for Vietnam at the ongoing 29th Southeast Asian Games (SEA Games) in Malaysia.

 President Tran Dai Quang congratulated outgoing Ambassador Herminio Lopez Diaz on the latter’s successful term in Vietnam while receiving the Cuban diplomat in Hanoi on August 28.

The truck market is struggling as the demand for Chinese products has dropped dramatically, while car buyers have canceled their purchase plans and will not return until 2018 when import tariff cuts take effect, making vehicles cheaper.

Because of unexpected changes in the market or poor business decisions, Minh Phu and Hung Vuong, the kings in the seafood industry, have been seeing a severe drop in profits. 

Three international submarine cables, the Asia-America Gateway (AAG), the Intra Asia (IA) and the Southeast Asia-Middle East-Western Europe (SMW3), have broken down, affecting Vietnam’s external internet connection.

 The made-in-Vietnam drug pegfilgrastim is expected to be available in the first quarter of 2018, helping reduce cancer treatment costs by up to 60 percent compared with imported drugs.

 Minister of Finance Dinh Tien Dung paid an official visit to Cuba from August 23-25 with the aim of shoring up financial and trade partnership between Vietnam and Cuba. 

 Thanh Thanh Cong Tay Ninh Joint Stock Company (TTCS) will fully acquire Bien Hoa Sugar Joint Stock Company (JSC), becoming the biggest sugar producer in Vietnam.

 The Vietnam Internet Network Information Centre (VNNIC) urged that the management and oversight of websites using international domain names be strengthened to prevent violations.

Vietnamese athletes competed successfully on the seventh official competition day of the 29th SEA Games with seven gold medals gained in track and field, swimming and table tennis.

Ha Giang has a 227 km borderline with 442 markers. There, together with border guards, local people are joining efforts to protect the country's territorial sovereignty and border security. 

The freshly-ended visits to Indonesia and Myanmar of Party General Secretary Nguyen Phu Trong marked a new milestone and created a new momentum for reinforcing political trust and boosting all-round cooperation between Vietnam and the two countries.

Vietnam has a lot of advantages to join regional trade agreements (RTAs) and free trade agreements (FTAs), said delegates to the APEC SOM Dialogue on RTAs/FTAs in HCM City on August 27.

 Vietnamese shares have risen during the last three sessions on both the local exchanges, but this rally is not expected to sustain through the last trading week of August.

The foreign investment is looking up, as the total capital pledged for investment in the country until August 20 was nearly equal to that for the entire 2016.