Business

The US is conducting an antidumping (AD) and countervailing duty (CVD) probe into imports of steel nails from seven countries, including Vietnam. Under a US Department of Commerce (DOC) decision, steel nails from Taiwan, the Republic of Korea, Oman,

Vietnam should cease negotiations for long-term electricity contracts with China in order to avoid losses and potential harm to the national economy, according to one economist.

The former deputy general director of Vinalines, Vu Khac Tu, was detained yesterday in an investigation into an embezzlement case at Quang Ninh Port Company.

Many Vietnamese traders have been working with Chinese partners in deals that ultimately cheat Vietnamese farmers.

US nuclear firms have asked the Congress to soon ratify a civil nuclear deal with Vietnam, saying the passage will help boost exports and generate more jobs for Americans.

Potential emerging markets like Vietnam have become more attractive to foreign investors, especially at a time when a financial bubble in many of the world’s developed economies is likely to occur.

The southern province of Binh Duong has implemented support plans for local companies affected by anti-China demonstrations in May.

The dong/US dollar inter-bank exchange rate increases by one per cent today after remaining intact for a year.

Many Vietnamese parents are complaining that local tour agencies are using various tricks to take money from children, who should get free services.

A ceremony was held in Ho Chi Minh City on June 17 to announce the top fifty most effective businesses in Vietnam.

Some provisions under the draft law on immigration and residency for foreigners in Vietnam have come under fire due to their obvious lack of practicality.

Gazprom Neft plans to buy a 49% share in Binh Son Refining and Petrochemical, which controls and manages the Dung Quat refinery.

The HCM Securities Corporation (HSC) has valued Mobifone at about US$3.4 billion.

Prime Minister Nguyen Tan Dung and his Dutch counterpart Mark Rutte have agreed to set up a strategic partnership on agriculture and food security at their talks in Hanoi on June 16.

Deputy Prime Minister Vu Van Ninh has chaired a conference in the central coastal city of Da Nang to collect ideas on the government’s draft decree on developing the fisheries sector.

Singaporean companies are very pro-investment in Vietnam and have emerged the prominent leader among foreign companies investing in HCM City in the early months of 2014.

Major mobile network operator Mobifone has split from the State-owned Vietnam Posts and Telecommunications, and is now under the management of the Ministry of Information and Communications.

Deputy PM Nguyen Xuan Phuc has said all ministries, sectors and agencies had been told to stay focused on socio-economic tasks despite any ill effects from China's East Sea actions.

The country's consumer price index in June is set to increase between 0.5 and 0.6 percent against the previous month, according to the Vietcombank Securities Co.