Small commercial banks, who do not have 3 trillion dong ($160 million) in capital, will have to submit their plans to the central bank before the end of this month to increase their capital to that level.

Vietnam's industry and trade ministry has requested the government to continue giving preferential treatment to the local automobile industry until 2018.

Vietnam's programme of selling stakes in state-owned companies may be accelerated as the global economy recovers, deputy prime minister Nguyen Sinh Hung said. 

Asean Secretary general Surin Pitsuwan sees Japan as an influential player in pushing for free trade and economic integration between the regional grouping and its major trading partners.

Xuan Thien Ninh Binh Co Ltd, under Xuan Thanh Economic Group, planned to carry out construction project of Dong Phu Yen hydropower plant in Son La province.

The total FDI capital into Vietnam in the first five month of 2010 was 7.5 billion US dollars. Of that, 1.28 billion US dollars were for real estate business, accounting for 17 percent of the total FDI attraction. There are worries behind those numbers.