Business

Mitsubishi group and Vung Ang II Thermal Power JSC (VAPCO) will start building the Vung Ang II thermal power plant in 2014, announced the central Ha Tinh provincial People’s Committee.

A group of technology police inspectors say they have found pirated software worth 10 billion VND (476,190 USD) being used by six foreign companies in Hanoi.

While Vietnam exports energy, the country may face a serious power shortage in the next decades due to rising demand, experts warned.

The Minister of Transport has proposed that the PM take measures to deal with difficulties faced by transport firms whose black boxes stopped working due to a rise in fees for 3G services.

Vietnam is expected to receive US$11 billion in overseas remittances in 2013, ranking it among the World Bank’s 10 leading remittance recipients in the world.

Chinese mobile device makers are strengthening their presence in Vietnam, one of the region's emerging mobile markets.

Vietnam will become one of the world’s third fastest growing aviation markets, according to Lianhe Zaobao (United Morning) newspaper in its October 23 edition.

National Assembly Deputy, Truong Trong Nghia, of HCM City has just proposed setting up a national committee on economic restructuring.

Vietnam and the European Free Trade Association should speed up their negotiations of a free trade agreement to make the most of trade liberalisation and increase trade ties.

The chairman of Dai Nam JSC has written a letter to the PM, denouncing the Chairman of Binh Duong Province People's Committee for causing him serious problems.

More than 80 meetings between Japanese and Vietnamese businesses have been scheduled during the 2013 Japan IT Week, officially launched in Hanoi on October 23.

China's manufacturing activity expanded at its strongest pace in seven months in October, British banking giant HSBC said Thursday, adding to evidence the world's second-largest economy is recovering.

Ho Chi Minh City’s consumer price index (CPI) in October increased by 0.17 percent against the previous month and 4.89 percent year on year.

ASEAN Statistics (ASEAN Stats) ranks Vietnam seventh in terms of per capita GDP and third in terms of population density among the regional bloc’s ten member nations.

The consumer price index in October picked up 0.57% against the previous month and saw a month-on-month increase of 6.89%, according to the municipal Statistics Office.

PM Nguyen Tan Dung attended a ground breaking ceremony for Nghi Son refinery complex, on October 23rd.

The proposal to print images of other national leaders, who made contributions to the country’s independence, on Vietnamese currency, faces controversy.

Both occupancy rate and revenue per available room of hotels in HCM City fell slightly in the third quarter due to increase in room numbers and lower demand.

A seminar was held in Singapore on October 21 to promote investment in the opening of an international air route from Da Lat to Singapore.