Business

This year is the first time that, not only Vietnam Airlines but all other domestically held carriers have reported profits.

Vietnamese mobile service providers have integrated their content applications with sim cards without revealing their activities to customers.

The November Market Review by global rice market news provider Oryza has shown that that the price of Vietnamese rice remains the most expensive across Asia.

The United States said Tuesday it harbored "many concerns" over China's business practices, despite significant progress since the country's 2001 accession to the World Trade Organization.

Vietnam and Cambodia will start the construction of Chrey Thom bridge on January 14 to meet the increasing need for transport and trade between the two countries, said the Cambodian Ministry of Public Works and Transport on December 24.

Vietnam has become the third largest shrimp producer in the world, with an output of 548,000 tonnes in 2013, one agency said.

Vingroup has officially opened its Vincom Mega Mall Times City complex in Hanoi on December 24.

An EPC (engineering, procurement and construction) contract for Vinh Tan 4 thermal power plant construction in southern Binh Thuan province was signed in Hanoi on December 23.

A wholly-foreign company has just won a lawsuit against Binh Thuan People’s Committee, which could set a precedent for other foreign investors to follow when facing administrative barriers in project development.

The unemployment rate of those aged 15-24 accounted for 48% of total unemployment in 2013, one official said.

The cashless payment system is gaining traction in Vietnam, leading to higher sales in the e-commerce market.

The State Bank of Vietnam (SBV) will continue to stabilise the value of the national currency (VND) and improve its position in investment channels, considering this a long-term strategy in steering monetary policy, SBV Governor Nguyen Van Binh has affirmed.

Vietnam’s real public debt may make up 98.2% of the national GDP, factoring in state-owned enterprise debts, as well as debt of the fundamental construction area.

Commercial banks are expecting a sharp increase in overseas remittances as 2013 draws to a close, estimating a yearly total approaching US$11 billion.

Vietnam’s agricultural products exported in 2013 have increased by 1.5% to USD25.25 billion, defying a fall in global market demand.

An employee of a Vietnamese bank has been arrested for being involved in using fake gold as collateral to withdraw VND19 billion (USD904,761) from the bank.

Cuba announced it will ease restrictions on car imports for the first time in half a century, marking the end of an era that made icons of the island's vintage automobiles.

Despite global economic crisis, the insurance market continues to post a rapid growth in ASEAN countries and new emerging economies.

How to enhance competitiveness, increase economic values and expand market for the handicraft sector were major subjects discussed at a recent workshop held in Ho Chi Minh City.