Business

Two deputy chairs of the NA have said that the government should issue a regulation soon that would lift the ban on gambling for Vietnamese citizens.

A government draft regulation on casinos continues the ban on gambling for Vietnamese citizens and places tight controls on investors.

Breakthrough solutions for improving institutions require the State to abandon their role and power to create a well-operating market, said Dr Nguyen Dinh Cung, Acting Head of the Central Institute for Economic Management.

Former vice chair of ACB Bank, Nguyen Duc Kien, denied the charges against him by the Supreme People's Procuracy and demanded to confront several people related to the case.

Vietnam sent 23,277 guest workers abroad, including 9,044 females, in the first quarter of the year, according to the Department of Overseas Labour.

Tycoon Nguyen Duc Kien, former vice chair of ACB Bank, is in court today facing charges of major crimes that caused huge losses to a local bank.

The World Bank has announced Vietnam is among the top ten overseas remittance recipients in the world, receiving US$11 billion last year alone.

Rice exports in Vietnam are suffering due to tough international markets and lax management over production and processing.

The Dung Quat Oil Refinery and affiliates on April 15 welcomed an important milestone, working for 600 consecutive days and nights in a safe, stable and effective manner.

Lax management in the online game business in Vietnam has created opportunities for many local firms cooperate with foreign partners for illegal game distribution.

Vietnam has paid a great deal of attention to improving the environment for its sustainable development and investment, Deputy Prime Minister Vu Van Ninh has declared.

The US State Patent and Trademark Office has granted a certificate of monopoly protection for two Vietnamese trademarks “Dao market fragrant rice" and "ChauThanh-Long An dragon fruit ".

The National Steering Committee for ODA and Preferential Loans and the Ministry of Planning and Investment have jointly organised a conference seeking ways to speed up disbursement for ODA- related projects.

Businesses that struggled to survive between the years 2011 and 2013 are now leaders in terms of both business administration and independent business strategy.

As many as 350 enterprises from 26 cities and provinces nationwide are taking part in an international trade fair, which opened on April 12, as part of the 2014 Hue Festival in the central province of Thua Thien-Hue.

PM Nguyen Tan Dung has approved a program on supporting policy development to improve the power sector from 2014 to 2016, with a US$200 million investment loaned from the World Bank.

Petrolimex Group Commercial Joint Stock Bank has announced its restructuring plan for 2014 in which the Vietnam Bank for Industry and Trade may take over it.

Toyota Vietnam (TMV) said it is preparing to recall 42,772 units of Innova and Fortuner for checking and replacing the spiral cable of driver's airbag.

As a strong supporter of trade liberalisation, Sweden affirmed its support for the European Union’s early recognition of Vietnam’s market economy status, the Swedish Trade Minister said on April 11.