Business

Vietnam National Shipping Lines (Vinalines) has proposed that the Government adopt preferential policies to help domestic shipping fleets overcome difficulties, according the online Vietstock newspaper.

Police in HCM City have asked for help from Interpol Vietnam in their search for the owner of two local Gucci-Milano stores for smuggling.

Ministry of Industry and Trade official Vo Ta Luong has said learning more about the US market—Vietnam’s biggest exporter— and Chile—a gateway to Latin America – will help businesses with trade promotion and market development.

The former chairman of the Vinalines denied his responsibility in the big corruption case during the first trial opened by the Hanoi People’s Court.

Vietnam created a breakthrough in attracting foreign direct investment (FDI) in the first 11 months of 2013, contributing to affirming attractiveness of the country's investment environment and efforts in the improving its environment.

“Site clearance is a continuing problem which discourages foreign investors in Vietnam,” said Deputy PM Nguyen Xuan Phuc at a recent online meeting.

Thanks to energy saving efforts, Ho Chi Minh City has successful spared 480 million kWh of electricity so far this year, up 10 percent over the same period last year.

Ho Chi Minh City-based businesses will recruit 265,000 workers next year, according to the municipal Centre for Manpower Need and Labour Market Forecast.

The VBA has estimated that Vietnamese people drank 3 billion litres of beer so far this year in spite of economic difficulties.

Vietnam's Government has released new regulations on overdue debt collections at State owned enterprises, which underline a message that SOEs must be more responsible in collecting their loans.

Despite the rising popularity of more risky investments, bank deposits are still considered the safest and surest way to keep money and earn stable returns in 2014.

Police in Quang Ninh Province arrested the director and two key staffs of 29 Hanoi Import-Export JSC Company, the producer of alcohol that recently caused six deaths.

Ministers from the 12 countries involved in the Trans-Pacific Partnership (TPP) free trade talks concluded their four-day meeting on December 10 without a full agreement, missing the year-end deadline.

Recent inspections have found several samples of local chicken and some types of imported fruits and vegetables to be unsafe.

Hanoi and Ho Chi Minh City will host the 2013 Commercial Counselor Conference and its associated events from December 16-31.

Vietnam Dairy Products Joint-Stock Company has received a certificate for investment worth US$7 million to acquire a 70% share of American company Driftwood Dairy.

Hearing about the expected lower Tet bonus this year, employees at many companies are trying to find extra work to earn some money for the holiday.

All Nippon Airways (ANA) announced on December 9 that it will operate direct flights from Tokyo to Hanoi and Vancouver in addition to others to London, Paris, Jakarta and Manila.

Tet bonuses for employees at Vietnamese enterprises are expected to be less than previous years, said a representative from the Ministry of Labour, Invalids and Social Affairs.