Business

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.

A number of Vietnamese companies have halted importation of products from China in the wake of tensions over the East Sea.

Ho Chi Minh City will do its utmost to protect the safety and property of foreign investors, the city’s top politician has said.

Vietnam Mobile Telecom Services (MobiFone) has recently launched new packages that provide calling, SMS and data services for tourists.

Vietnam and several other emerging nations will be among the 20 largest economies by 2050, a senior foreign business executive has said.

Myanmar will speed up the establishment of steel production joint ventures with Vietnam, Industry Minister U Maung Myint told his Vietnamese counterpart Vu Huy Hoang in Hanoi on May 14.

After consecutive years of losses, several real estate firms in HCM City started to show more optimism in the market as the number of transaction is picking up.