Business

The World Bank has agreed to provide preferential loans totaling US$150 million to bolster rice production in the Mekong River Delta.

Vietnamese internet-users have began a campaign to stop buying Chinese-made mobile phones in the wake of an illegal Chinese oil rig operating in Vietnamese waters.

Although package tours to China have risen by 40% this year, travel agencies are now seeing many of those tours cancelled because of the tension in the East Sea between China and Vietnam.

China’s illegal placement of a drilling rig in Vietnam’s exclusive economic zone in the East Sea is an “extremely serious action and will definitely impact the aviation market between Vietnam and China,” a senior airline official has warned.

Negotiators of the Trans-Pacific Partnership (TPP) agreement began a new round of talks in HCM City on May 12, aiming to reach a deal ahead of a ministerial meeting to be held in Singapore on May 19-20.

The MoIT is investigating a case in which a tourism company in Nha Trang allegedly forced a number of hotels to only accept guests from them.

Several Vietnamese wealthy businessmen have recently been donating large sums to towards building pagodas and temples not only through their devotion, but also to keep their names alive.

The Ministry of Public Security took into custody six railway officials last Friday on charges of "abusing power while on duty" and "irresponsibility causing serious consequences" following a one-month investigation.

Thai authorities have admitted that it was a mistake to require Vietnamese travellers to prove they had 20,000 baht to be allowed into the country.

Deputy Prime Minister Hoang Trung Hai has asked the Ministry of Industry and Trade (MoIT) and the Ministry of Finance (MoF) to complete the draft decree on petrol trading.

Commercial banks should mitigate business risks and ensure their reputations by strictly implementing the Government's regulations on the prevention of money laundering and terrorist financing, heard a seminar held in HCM City on May 8.

Vietnam stocks posted their biggest retreat since 2001, extending a six-week selloff that turned the benchmark index into the world’s worst performer, amid escalating tensions with China.

Prime Minister Nguyen Tan Dung has approved a list of 127 projects that will await foreign investment until 2020.

An integrity alliance has been established in Vietnam in an effort to combat corruption and promote a healthy business climate in the country.

The Hanoi's People's Court handed down death sentences for former Vinalines chairman, Duong Chi Dung, and former CEO, Mai Van Phuc, at an appeals court on May 7.

Twenty-three member businesses of the Vietnam Association of Seafood Exporters and Producers (VASEP) are attending the 22nd edition of Seafood Expo Global, which opened in Brussels on May 6.

The director of the Railway Project Management Unit has been suspended for a second time during an investigation into JTC bribery allegations.

Ho Chi Minh City will host a conference on May 22 to introducing the investment environment in the Mekong Delta.

Tai Yuen Co., Ltd, a subsidiary company of the Taiwan-based Yunlon Group, will invest in a project building a textile mill worth 150 million USD in the northern province of Ha Nam.