The textile and garment sector enters the second quarter (Q2) of this year with promising signs from new import markets, said General Director of the Vietnam Textile and Garment Group (Vinatex) Le Tien Truong.

 Consumer lending has the potential for explosive growth in Vietnam, but this can only happen with significant improvements in consumer satisfaction with credit institutions and loan conditions, experts say.

 The Vietnam Motorcycle Show 2017 opened in Ho Chi Minh City on May 4 with big names in the industry from home and abroad attending.

 The US Department of Commerce on May 2 launched anti-dumping duty and countervail duty investigations against tool chests and cabinets imported from Vietnam and China.

 Many commercial banks posted positive business performance for the first quarter of the year with high profits.

 Vietnam and Thailand have become Indonesia’s competitors in attracting foreign direct investment (FDI) into the Southeast Asian region, Indonesian Vice President Jusuf Kalla said on May 2.

 The Provincial Competitiveness Index guides localities on what to do and what not to do in improving their business and investment environment.

 Growth in Vietnam’s life insurance market looks impressive at first glance but is coming off a low base while a host of issues linger for insurers.

 Japanese manufacturers eye Vietnam as export base, Nikkei reports.

 Non-life insurers have set cautious business targets for this year due to the challenges in the market.

 The latest trade report from the General Statistics Office (GSO) shows that the trade deficit increased yet again in April, by $800 million, bringing the four-month total to $2.74 billion.

 Ahead of its long-awaited initial public offering, state-run Vietnam National Shipping Lines, which is the country’s largest shipping company, last week held a workshop in Singapore to seek foreign strategic investors to serve its future development.

 A sharp decrease in the mineral sector and lower growth in many industrial sectors were the major contributors to a four-year-low in industrial production growth in the year’s first four months.

 All foreign employees in Vietnam with work permits, practice certificates, or practice licences issued by local authorised agencies will be subject to compulsory social insurance payments if a new draft decree is approved.

 Covered warrants, a new investment tool, will be allowed to start trading on the HCM Stock Exchange this September. The launch of this product is considered the first step to introducing more option products in the future.

 The country’s total retail sales and services revenue reached VND1,267.9 trillion (US$56.7 billion) in the first four months of this year, a year on year increase of 6.7 per cent.

 Viet Nam’s total trade value in the first four months of the year gained a year-on-year increase of 20.1 per cent to US$125.41 billion, according to the General Department of Customs.

 During the past three decades, the Vietnam economy has benefited from a transition away from agriculture toward manufacturing and services, and a demographic powered by a youthful population.

 Vietnam lacks the legal wherewithal to deal comprehensively with dubious multilevel marketing companies operating in the country, officials say.

 The real estate market will hot up in the remaining months of this year as developers, including VinGroup and Eurowindow, are launching a large number of mid-end projects.