Business

Vietnam’s export figures for October were up by a healthy 12.8%, compared to the previous month, reaching a total revenue of US$12.61 billion. Imports rose by 11% to US$12.51 billion.

Despite public concerns over unsafe vegetables, an official said that only 6% of marketed vegetables are unsafe.

The SBV has said they would encourage foreign credit institutions to contribute capital to help Vietnamese banks go through the restructuring process.

Vietnam’s first software village launched its initial phase at the Hanoi-based Hoa Lac High-Tech Zone on November 13.

Even though several multi-level marketing scams have caused a great deal of trouble, local authorities have been unable to fix the lax management over such schemes.

Apple and Samsung are grabbing virtually all the profits in the red-hot smartphone market while most other makers are losing money, an analyst said Thursday.

A delegation of nearly 50 European companies came to Vietnam looking for investment opportunities in several sectors including agriculture, food and tourism.

The 13th International Agriculture Trade Fair opens on November 14 with the participation of over 350 stalls from 200 local and foreign enterprises.

The steel industry, which is currently struggling to maintain production and settle its excess inventory, is seeking capital for its incomplete projects.

Hanoi authorities have just decided to shut down the Next Top Club, the biggest club in Hanoi, after uncovering various violations.

Vietnam and the European Union will hold regular dialogue and exchange information on tourism to ensure its sustainable development and competitiveness in both sides.

Authorities are moving to crack down on cigarette smuggling, expecting a surge in the illegal activity ahead of the Lunar New Year (Tet) festival.

The latest figures on retail estate space suggest that Hanoi may be catching up with Ho Chi Minh City as the country’s most attractive destination for retail development.

Many trades in Hanoi built up large inventories of vegetables for fear of the food scarcity because of typhoon Haiyan, and are now sitting on large amounts of product that is difficult to move.

Vietnam will build a tra fish distribution establishment at Zeebrugge port in Belgium to facilitate its exports to the European market.

Vienna-headquartered Casinos Austria has joined the list of foreign firms eager to invest in an integrated casino resort in Quang Ninh province, which may become the first in the country to allow Vietnamese nationals to gamble.

Apple and Samsung return to a California court this week for another round in the blockbuster patent trial between the two biggest smartphone makers.

The National Assembly on November 11 approved a resolution on key development targets for 2014, setting GDP growth at 5.8% and inflation at 7%.

The Minister of Transport has defended the need to build the controversial Long Thanh Airport project while experts said it is a huge waste.