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The State Bank of Vietnam expands the exchange rate band to 5%.

The State Bank of Vietnam agreed to increase the dollar-dong trading band from 3% to 5% from Oct. 17.

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Vietnam’s overseas investment can top $1 billion annually

Overseas investment by Vietnamese firms is growing and can surpass $1 billion annually, from about $700 million at present, said Chairman of the Vietnam Association of Foreign Invested Enterprises Nguyen Mai.

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Ministry orders refineries to bump up gasoline production

The Ministry of Industry and Trade has instructed the country’s two refineries to crank up gasoline production to maximum capacity as the south continues to report shortages.