Business

About 6,000 labourers from 70 enterprises are still waiting to get paid 2014's wages, which are approximately VND59.7 billion (US$2.8 million), the Ministry of Labour, Invalids and Social Affairs revealed.

HCM City has been ranked among the 20 most dynamic cities globally by US-based financial and professional services firm Jones Lang LaSalle (JLL).

Police and airline investigations into the theft of tens of thousands of litres of aviation fuel are making little progress in working out how the theft was done.

The State Bank of Vietnam has announced that it will acquire all the equity of the Vietnam Construction Bank as part of banking reforms.

Vietnamese manufacturing continued to strengthen in January, supported by a further growth in new orders, according to HSBC's Vietnam Manufacturing Purchasing Managers' Index monthly report released yesterday.

A nationwide manhunt is underway for a bank employee believed to have stolen VND17bn from the Agribank in HCM City.

Melco Crown Entertainment formally opened its $1 billion casino and entertainment resort in Manila on Monday, hoping to cash in on a fast growing Philippine economy and increased tourism.

Opening Vietnam's market to more imports from ASEAN and other trade partners will be done in a gradual and measured manner to limit the impact of more competition on local producers, one minister has said.

Sales of imported apples have been serious damaged by a contamination scare involving a recall order on two US apple varieties.

Home buyers will get access to low interest loans under a VND50trn plan proposed by the State Bank of Vietnam to boost the local property market, an official said.

Seven tunas weighing 320 kilograms were selected in the central province of Binh Dinh on Saturday to be exported to Japan.

The national flag carrier Vietnam Airlines is working towards overcoming the challenges left behind from 2014, which was one of the most difficult years for the aviation and tourism industry operating in Russia.

The Japan International Co-operation Agency (JICA) has inked an agreement with the Vietnamese Government on providing an additional JPY36.392 billion of official development assistance (ODA) to support a project on building the Thai Binh Power Plant and Transmission Line II.

Deputy Prime Minister Hoang Trung Hai has urged the Vietnam National Oil and Gas Group (PetroVietnam) to quickly restructure its operations this year, following a prime ministerial decision.

Vietnam wants foreign investors to buy stakes in local financial institutions to support measures this year to restructure the local banking system, a senior banking official said.

Police in Thanh Hoa Province have pulled off the biggest ever raid on a food seasoning and additives factory using MSG and other seasonings of dubious origin.

Seven foreign pharmaceutical firms’ business registrations and drug importing licenses were suspended for 12 months starting January 2015 due to violations in their drug registration dossiers, according to the Drug Administration of Vietnam.

Prime Minister Nguyen Tan Dung has assured the nation that Vietnam’s gross domestic product and inflation are still under control and are expected to hit their targeted 6.2 percent and 5 percent, respectively, despite the plunge in oil prices

Some 150 workers at Bay Nguyet Garment Company Ltd have been abandoned by their boss, who has disappeared owing them hundreds of millions of VND in unpaid wages.