Business

A group of employees at Hoang Vinh Kim Ltd., in HCM City sent letters to local authorities in seek of help after they were suspended for asking for a labour contract.

Kuwaiti Consul General in Ho Chi Minh City Omar Al-Qenael has voiced his hope that two-way trade between Vietnam and Kuwait will exceed US$1 billion in the next few years.

As the bird flu, A/H5N1, continues its spread through Vietnam, traders have taken advantage of farmers' lower poultry prices while shops suffer from slow sales.

Binh Son Oil Refinery located in the central province of Quang Ngai celebrated its fifth anniversary of operations on February 25.

High-level executives from 33 leading US companies, who are sanguine on prospects for doing business in Vietnam, attended the annual US-ASEAN Business Council (USABC) in Hanoi on February 24.

The chairman of the Hanoi People’s Committee, Nguyen The Thao, has criticised the sluggish construction of Nhon-Hanoi Station metro route.

The Government Inspectorate said management agencies are failing to define databases and information about transfer pricing of foreign-invested enterprises in Vietnam.

The Ministry of Finance is considering a special consumption tax on soft drinks for their potential health risks.

Major-General Nguyen Manh Hung, deputy general director of the army-run Viettel group, has been appointed by the Ministry of Defense as the General Director of Viettel to replace Lieutenant General Hoang Anh Xuan.

More signs of evident scams from Rung Toan Cau Company continue to surface, prompting Thanh Hoa Province authorities to issue warnings.

A ground-breaking ceremony was held in Nam Dinh City yesterday for a project that would upgrade major waterway corridors and river ports in the Lach Giang Estuary.

A Finance Ministry delegation led by Minister Dinh Tien Dung will pay a working visit to the US from March 8-15 at the invitation of his US counterpart Secretary Jack Lew.

According to Moody's, bad debt in the Vietnamese banking system accounts for at least 15% of its total assets, an assessment the State Bank of Vietnam denies.

The Republic of Korea’s Samsung group has drawn up a very ambitious expansion plan to revamp its operations in Vietnam and take full advantage of the country’s sound investment climate and highly-skilled human resources.

Deputy Prime Minister Hoang Trung Hai attended a ground-breaking ceremony of a thermal power plant in the northern province of Thai Binh on February 22.

February's Consumer Price Index in Ho Chi Minh City notched up 0.24% from the previous month, official statistics show.

The Asian Development Bank launched on February 21 a grant of 3.6 million USD to assist Asian companies targeting poor and low-income communities.

The UK welcomes the opportunity to assist Vietnam to successfully develop and implement initiatives conducive to the creation of a thriving social business environment.

The National Assembly’s Committee for Finance and State Budget (CFSB) on February 20 worked with Ba Ria-Vung Tau provincial leaders and Ho Tram Company on building a legal framework for casino services.