Business

The Trans-Pacific Partnership (TPP) Ministerial Meeting opened in Singapore on December 7 with the participation of trade ministers and officials from the 12 TPP parties.

Nguyen Quang Vinh, the Vietnam Chamber of Commerce and Industry's Sustainable Development Business Office Director, believes the Extractive Industries Transparency Initiative would only benefit Vietnam’s natural resources management and promising mineral, gas, and oil industries.

Vietnamese exporters should be prepared to cope with an increasing number of anti-dumping and anti-subsidy lawsuits filed by key export markets, heard a conference held yesterday in HCM City.

Vietnam’s dairy industry boasts great potential for development thanks to increasing demand while the country still imports up to 70% of milk products.

Vietnam’s per capita income has reached USD1,960 in 2013, said the PM at the Vietnam Development Partnership Forum in Hanoi.

The People’s Committee of the central province of Binh Thuan and the Ministry of Transport on December 5 announced plans for the province’s Phan Thiet airport.

The three biggest energy groups of EVN, PetroVietnam and Vinacomin have reported high earnings in the first 11 months of the year.

Development partners have committed to maintaining their assistance level to Vietnam in 2014 as that pledged in 2013, although the country has risen to middle-income status, Minister of Planning and Investment Bui Quang Vinh has said.

Vietnam will go ahead with intensifying economic restructuring and encouraging scientific and technological advances to improve the efficiency and competitiveness of the national economy.

The bankruptcy of the Vinashin has caused the delay of many projects leading to serious land waste in Haiphong city, affecting local households.

The Electricity of Vietnam (EVN) will put into operation new turbines at Song Giang hydropower plant, Dak Drinh hydropower plant and Nghi Son thermoelectric plant in December with a total capacity of 462MW, according to the Ministry of Industry

Hanoi hosted the Asia-Europe Foundation experts’ meeting and public forum on creative economy in Asia and Europe themed “Emerging pillar of economic growth & development” on December 4.

A Biblically-named restaurant in China where patrons can pay whatever they want -- or nothing at all -- has shown that while loving your neighbour may be laudable, it is a risky business model.

Deputy Prime Minister Hoang Trung Hai on December 3 reaffirmed Vietnam’s commitment to finalizing institutions and accelerating administrative reforms to facilitate business operations.

The Hanoi People’s Court will begin a trial on December 12 for the corruption case at the Vietnam National Shipping Lines (Vinalines).

Authorities in Kien Giang province are reluctant to take over Phu Quoc island's An Thoi International Seaport even though the Vietnam Maritime Administration is planning to hand it over.

The Vietnam National Oil and Gas Group (PetroVietnam) once again tops the list of the 500 largest enterprises in 2013.

The PM has urged for balanced supply and demand of goods so as to keep their prices from spiralling as the lunar New Year approaches.

The 2013 Vietnam Business Forum, to be held in Hanoi on December 3, will focus on the restructuring of State-owned enterprises (SOEs), commercial banks, and the capital market, as well as corporate governance and transparency.