The paper industry has potential for growth, but businesses need to avoid investment in products that have excess supply, according to the Vietnam Paper and Pulp Association (VPPA).

E-commerce is developing rapidly in Vietnam but it needs a new push to reach rural areas and help small- and medium-sized enterprises (SMEs) reach customers, experts have said.

The country’s index of industrial production (IIP) recorded a year-on-year rise of 9.13 per cent in the first six months of this year, according to the General Statistics Office (GSO)’s latest report.

Vietnamese banks are seeking to raise capital in international bond markets as they face growing pressure to hike capital to satisfy the central bank's regulations on minimum capital requirements and Basel II standards by early next year.  

Nguyen Huu Tuat launched a Vietnamese ride-hailing firm a year ago, with dreams of scaling up the business overseas.

In the second half of this year, increasing competition in product quality, prices and market share are predicted to force steel companies to work harder to maintain their foothold in the market.

Though there remains six months, some banks have almost used up the assigned quota for the whole year, and experts said it would be difficult for the banks to get an expansion approval from the State Bank of Vietnam (SBV).

As a European who is now proud to call Hanoi my home, I am hugely excited by the historic trade deal Vietnam inked with the EU on June 30.

The nation's total revenue from retail sales and services saw a significant growth of 11.5 per cent to more than VND23.9 quadrillion (nearly US$102 billion) in the first half of this year.

The Mekong Delta province of Dong Thap will organise the Dong Thap Culture and Tourism Week from July 10-14.