Business

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.

Prime Minister Nguyen Tan Dung has stressed the need to revise the planning strategy of the mechanical engineering industry, focusing on products serving the priority areas of farming, fishing, aquatic product processing and transport.

The IMF and World Bank on Friday urged finance ministers to impose a price on carbon, warning that time was running out for the planet to avoid worst-case climate change.

Motorbike producers have been increasing the number of new models in Vietnam despite slow demand in the local market.

SBIC, formerly known as Vinashin, is bracing for large losses as it proceeds with plans to change into a joint stock company in 2015.

The Ministry of Transport has announced it wants construction of a second terminal at Hanoi’s Noi Bai International Airport put on the fast-track and completed by the end of the year.

Prime Minister Nguyen Tan Dung will hold a dialogue with the business community in late April to address their concerns, according to the Vietnam Chamber of Commerce Industry President Vu Tien Loc.

Many provinces in Vietnam are asking for permission to open casinos while the Ministry of Finance said they are unsure about the effects of those projects on the country's economic growth.

Gazprom Neft, one of the leading oil producers in Russia, is concluding a deal with a Vietnamese partner acquire a stake at the Dung Quat oil refinery and to modernise the plant.