Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) has announced the successful mobilization of US$250 million through issuing international bonds on a five-year term, with a yield of 8 percent.

Nearly 400 listed firms on the Hanoi Exchange (HNX) are now able to send their reports to the bourse’s system and investors via an automatic system that was launched on Tuesday instead of supplying written documents as previously.

The State Bank of Vietnam (SBV) yesterday issued a new circular, imposing a 15 per cent cap on lending interest rates for four preferential sectors, starting next Tuesday, May 8.

Sixty eight new businesses get the “certificates of birth” every day in HCM City, while 74 businesses reportedly stop operation every day in the city.

Many experts believe that Gtel Mobile, Beeline network provider in Vietnam, will quickly replace the trademark with another brand, as the trademark will be discontinued in Vietnam in the next 6 months.