Vietnamese small and medium-sized businesses (SMBs) are showing remarkable resilience in overcoming the challenges of globalisation, according to a newly-released report entitled SMB Ambitions Barometer for Vietnam by Payoneer.

The third quarter (Q3) profit picture shows a positive recovery for seafood companies, coupled with increasing export expectations in the year-end period, indicating that the industry is entering a new growth cycle.

The operation of State-owned enterprises (SoEs) will be performed in an online management system according to the standards of the Organisation for Economic Co-operation and Development starting in January 2019.

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) was named as the bank with the strongest balance sheet in Vietnam by The Asian Banker, a finance and banking magazine.