Vietnam imported over 63,730 completely-built-up (CBU) cars worth some US$1.6 billion between January and June, dipping by 21.4% in volume and 14.4% in value year-on-year, according to data of the General Department of Vietnam Customs.

The VIC, VHM, VRE stocks of the Vingroup family fell sharply yesterday morning after a rumor about an overseas travel ban on Vingroup chairman Pham Nhat Vuong had been circulating on social media. However, they regained ground after the Ministry of Public Security dismissed the rumor as false.

The Government Inspectorate has formed an inspection team to examine the management of fuel trading and asked the relevant ministries and departments to report on the use of the fuel price stabilization fund.

The average capital of businesses set up nationwide the first half of the year dropped 17.7% year-on-year at VND11.6 billion each.

The upgrade of stations along rail roads in northern Vietnam will cost an estimated VND475 billion, according to the Railway Project Management Unit (PMU) under the Ministry of Transport.

The HCMC Tax Department has proposed cancelling the results of the Thu Thiem land auctions held late last year, citing the failures of the auction winners to make payments as regulated.

Vinhomes JSC (VHM) has announced it has transferred its entire stake in Vinpearl Landmark 81 JSC to Vinpearl JSC, meaning that Vinhomes is no longer the stakeholder and parent company of Vinpearl Landmark 81.

All residents should stay on high alert for Covid and must not be heedless of Covid vaccination, Prime Minister Pham Minh Chinh, head of the national steering committee for Covid prevention and control, told the committee’s 15th meeting on July 5.

European companies’ confidence in Vietnam’s business environment declined slightly in the second quarter of the year amid the global economic uncertainty.

The HCMC government has proposed the State Audit of Vietnam (SAV) audit a road project connecting Vo Van Kiet Avenue and the HCMC-Trung Luong Expressway this year to complete procedures to end a BOT contract for the project ahead of time.