Prime Minister Pham Minh Chinh told the Ministry of Industry and Trade to make stronger efforts to stabilize the fuel market and ensure the operation of fuel retailers and gas stations, according to a document issued by the Government Office on October 19.

State President Nguyen Xuan Phuc suggested Vietnam and South Korea strive to raise two-way trade to US$100 billion by 2023 and US$150 billion by 2030.

Inadequate preparation, poor estimates in assessing total investments needed, and illogical surveys and approvals still exist in public investment projects, repeatedly causing cost overruns, the 15th National Assembly Supervisory Delegation said in a recent report.

Singaporean President Halimah Yacob has begun her State visit to Vietnam as the two countries are preparing to celebrate the 50th anniversary of their diplomatic ties and the 10th year of their strategic partnership in 2023.

The central bank decided this evening to put the Saigon Commercial Bank (SCB) under special surveillance as the bank has been struggling with difficulties, particularly mass cash withdrawals by clients.

Given negative news about Van Thinh Phat Holdings Group Corporation, Tan Viet Securities JSC, and the Saigon Commercial Bank (SCB), local stocks plunged in the final session of last week in the bearish market.

HCMC saw its industrial production index (IPI) in January-September increasing by 19.6% compared to the same period last year.

The Government has projected the country’s gross domestic product (GDP) growth at 6.5% in 2023, saying it is achievable despite challenges ahead.

The Ministry of Industry and Trade (MOIT) on October 12, held a news conference where the media mostly grilled the ministry over the temporary closures of many gas stations in southern Vietnam, especially HCMC, Dong Nai, Binh Phuoc, Can Tho and An Giang.

After having dropped four times in a row, fuel prices in the local market rose yesterday amid a domestic supply shortfall in many parts of the nation.