Rising capital demand in the last few months of the year has put pressure on the liquidity of the banking system.

The Business Studies and Assistance Center (BSA) and the Mekong Delta province of Ben Tre will organize the Mekong Connect 2017 forum to explore ways to boost connectivity between the provinces in the delta.

GATEWAY TO VIETNAM, proudly hosted by SSI, is a tailor-made conference to promote investments. Organized in three years (2009, 2010 and 2014), the conference has become one of the most expected events for investors and corporates; where they have the chance to network, establish & enhance their connections as stepping stones to better investment & business opportunities.

VinaCapital’s flagship fund, Vietnam Opportunity Fund (VOF), has invested approximately $11 million in Orient Commercial Bank (OCB), a mid-tier retail bank, for an interest of less than 5 per cent.

Region to become net importer of significant volumes of oil and gas. Decreasing indigenous production coupled with rising demand will push Southeast Asia’s hydrocarbon import bill to more than US$300 billion in 2040 - equivalent to 4% of the region’s total gross domestic product, according to the International Energy Agency.

Viet Nam’s foreign exchange reserves are at an all-time high of US$45 billion, Party General Secretary Nguyen Phu Trong said.

Prudential Plc has kicked off the sale of its Vietnam consumer finance unit, which could fetch up to USD150 million, as the UK firm sharpens focus on its core insurance business in the Southeast Asian nation, people familiar with the process said.

Idemitsu Q8 (IQ8), the first 100% foreign-owned gas station in Vietnam’s petroleum retail market, officially opened at the Thang Long Industrial Park in Hanoi on October 5.

Vincom Retail, the shopping mall subsidiary of Vingroup, launched on Monday Vietnam’s largest-ever initial public offering (IPO), in a deal worth up to USD713 million, IFR reported, citing a term sheet of the deal.

Vietnam has appointed top executives of its leading private sector firms to head a newly established private sector development committee.