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Food and drink was the sector on the decline yesterday as it lost 1.30 per cent on the bearish vibes.

Many wind and solar power plants have been invested in but have not been put into use, causing a waste of social resources.

SHB on Tuesday officially announced to successfully completed the transfer of the first 50 per cent of charter capital at SHBank Finance Company Limited (SHB Finance) to its partner – Krungsri Bank of Thailand – a strategic member of MUFG Group (Japan).

Data from the General Department of Customs showed that the export turnover of wood and wooden products reached US$3.9 billion in the first four months, down 30.6 per cent year-on-year. The export of wooden goods saw a yearly decline of 38 per cent to $2.6 billion. 

Authorities, localities, fishermen, and businesses have kept taking measures to fight illegal, unreported, and unregulated (IUU) fishing, striving to get the European Commission (EC)’s “yellow card” warning to be removed soon.

HCM City will improve its business climate and create favorable conditions for foreign businesses, especially those from Slovenia, to invest in the city, said a city official.

The slowdown of global economic growth has affected manufacturing activities across industries, including textiles.

Property-sector risks have made operating conditions more difficult for banks in Việt Nam in the short term, but the liquidity crunch is easing and the banking system is likely to avert a sharp slowdown due to the concerted response of policymakers and banks, says Fitch Ratings.

The portal for origin tracing was expected to be completed by the end of this year and become be an effective tool to promote traceability not only in Việt Nam but also with other countries.

Shares started the new trading week positively but liquidity decreased and foreign traders returned to be net sellers, showing rising caution among investors.