Business

The United States has levied duties on stainless steel pressure pipes imported from Malaysia, Thailand and Vietnam after finding the products had been sold at unfairly low prices.

Hundreds of people in Hanoi are seeking help after learning that the apartment building project in which they bought space had no construction permit.

Writing on the blog of the World Economic Forum on May 23, Prime Minister Nguyen Tan Dung stressed the role of foreign direct investment in Vietnam's economy, reaffirming that FDI enterprises' success is taken as Vietnam's own.

Duong Tu Trong, the younger brother of the former chairman of Vinalines, Duong Chi Dung, received an 16 year sentence for aiding the flee of his older brother.

Many plans for five-star hotels in Danang City remain on paper as investors have left them stagnant for many years.

PM Nguyen Tan Dung has warned the territorial dispute in the East Sea will disrupt the large flow of cargo transportation across the sea, and may reverse the course of the global economic recovery.

The May consumer price index for Hanoi remained relatively unchanged (down by 0.07%) from the previous month. Analysts at the Municipal Statistics Office attribute the slight decrease to weak demand.

Producers have been complaining about the latest decision by the Ministry of Finance which places a price ceiling on baby milk formula.

Leaders of foreign banks operating in Vietnam highlighted the Vietnamese Government and State Bank of Vietnam’s timely reactions in dealing with impacts from the East Sea issue.

Vietnamese authorities are seeking for solutions to attract more foreign investment in agriculture which currently accounts for only around 1% of the country’s total FDI.

The Hanoi People’s Court reopened the trial of former vice chairman of the founding council of the Asia Commercial Bank today, May 20.

An economist, Le Dang Doanh, said that Vietnamese businessmen must predict China's next moves to be well-prepared if the situation escalates.

A Vietnamese delegation, led by Deputy Minister of Industry and Trade Tran Quoc Khanh, attended the Trans-Pacific Partnership (TPP) Ministerial Meeting, which opened in Singapore on May 19.

All foreign businesses in HCM City’s export processing and industrial zones, including Taiwanese resumed production on May 19, following recent anti-Chinese protests.

Measures to reverse the dwindling attraction of foreign direct investment (FDI) into agriculture was the focus of a seminar in Hanoi on May 19 held by the Ministry of Agriculture and Rural Development (MARD).

Amid a bitter crisis in relations with the West over Ukraine, Russia's President Vladimir Putin is moving to bolster ties with China.

A Vietnamese National Assembly official said that recent Vietnamese boycotts of Chinese products shows their patriotism in a negative way.

Prime Minister Nguyen Tan Dung will attend the World Economic Forum on East Asia 2014 (WEF- 2014) and pay a working visit to the Philippines from May 21-22.

Samsung Electronics Vietnam will be expanded in the future with its complex in Thai Nguyen Province, in addition to the one in Bac Ninh Province.