Business

Some commercial banks have increased interest rates on Vietnamese dong (VND) deposits between 0.2 percent and 0.4 percent per year, making it the fourth rise since August this year.

Indonesian President Joko Widodo has given the green light for rice import from Vietnam and Thailand in a bid to cater for domestic consumption and stabilise prices.

Even though Vietnam has a long coastline, the country is still struggling with how to best exploit these advantages in developing a more developed maritime economy.

Vietnam is attending the 30th Trade Expo Indonesia 2015 in Jakarta from October 21 to 25, which attracted businesses from many countries across the world.

Toyota said Wednesday it was recalling 6.5 million vehicles worldwide over a power window glitch that presented a fire risk, the latest in a string of such moves by the Japanese auto giant.

An international seminar on prospects for economic cooperation between Vietnam and Middle East and African nations opened in Hanoi on October 20.

International policymakers and leading minds in finance gathered at the 6th World Bank (WB)- Singapore Infrastructure Finance Summit in Singapore to discuss measures to foster private capital in infrastructure development.

A score of measures were discussed at the 9th meeting of the Vietnam-China Economic and Trade Cooperation Committee held in Beijing on October 20 aiming to elevate bilateral trade volume to US$100 billion by 2017 and gradually resolve trade

Over a dozen seafood processing factories in Tan Thanh District, Ba Ria-Vung Tau Province have denied responsibility for the mass death of fish at nearby farms.

The BMI Research, a Fitch Group company, has forecast positive prospects for Vietnam's economy in the remaining months of 2015 with the GDP growth to rise to 6.4% in 2015 from 6.0% in 2014.

The Electricity of Vietnam corporation has stepped up efforts and preparations to cope with droughts and water shortages caused by the El Nino phenomenon to ensure a stable supply of electricity nationwide.

Sales of low-cost cars are up sharply as the motorbike market reaches saturation point.

The 24th Vietnam International Industrial Fair (VIIF 2015), which will take place in Hanoi from October 20-23, is expected to bring Vietnamese industrial trademarks closer to foreign partners.

Viettel announced the launch of mobile and Internet services in Tanzania, the second largest economy in East Africa, under the brand name of Halotel.

Along with flights to Taiwan, low-cost Vietjet Air will launch new routes to the Republic of Korea in November, which are expected to facilitate travel, trade and tourism cooperation between Vietnam and the two economies.

More than 1,000 workers of a China-invested footwear company in Thanh Hoa Province went on strike in protest against alleged mistreatment by a manager.

Russia’s Sollers automobile company recently announced its intention to assemble the UAZ model in Vietnam.

Singapore took the lead in the eight Expat Explorer country league table with expatriates praising good opportunities for career development and excellent quality of lives, revealed a survey conducted by the HSBC.

The Korean International Cooperation Agency is planning to finance construction of a desalination plant worth VND260 billion (US$11.7 million) on Ly Son island in central Quang Ngai province.