Business

HCM City’s Party Committee has announced punishments for the eight officials who awarded themselves excessive payments while heading four State-owned enterprises last year.

Foreigners who work in Vietnam without a work permit will be deported, according to a new decree on the employment of foreign workers.

The VinaPhone has sent a petition to police, accusing another company of using its name and logo to sell fake Iphones.

Five Southeast Asian countries are targeting a double-digit growth rate of international visitors annually by 2015 under the theme "Five Countries – One Destination", according to the Vietnamese Minister of Culture, Sport and Tourism.

Vietnam is pursuing its most flexible air transport policy in order to encourage more air carriers to operate in the country, a HCM City conference heard yesterday.

The PM has urged a comprehensive check on the implementation of labour and salary policies of state-owned enterprises.

The US Department of Commerce has concluded that all 33 Vietnamese businesses do not dump their frozen warm water shrimp products on the US market.

Apple Inc unveiled a high-end iPhone with a fingerprint scanner as it tries to stand out in a crowded market, and a cheaper, colorful plastic model for emerging markets that proved pricier than expected.

Vietnam and Belarus will effectively implement high-level agreements to raise two-way trade to US$500 million by 2015.

The MARD is calling for an investment of nearly USD1 billion for projects to respond to climate change, one official said.

Vietnam’s tra fish exports are estimated at US$237 million in the first eight months of the year, down 12.8% against the same period last year, according to the Vietnam Association of Seafood Exporters and Producers.

An inauguration ceremony was held on September 9 in central Phu Yen province to put the civil aviation zone at Tuy Hoa Airport into operation.

After committing $4.5 billion towards electronic manufacturing projects in Vietnam, South Korea’s Samsung Group is now expanding its footprint in the Southeast Asian country’s power sector.

A seminar on nuclear cooperation between Vietnam and the Republic of Korea was held in Hanoi on September 9 by the Korean Ministry of Trade, Industry and Energy and the Korea Electric Power Corporation.

Hanoi authorities have requested 11 local public-service firms to inform them of the income of their officials and staff.

Improper management policies have created huge rip-off possibilities in the market place for imported baby formula.

Participation in the Trans-Pacific Partnership Agreement would create favourable conditions to boost Vietnam's textile and garment sector as the third key industry of the country, according to industry insiders.

The Ministry of Finance has proposed raising special consumption taxes on vehicles imported by repatriating Vietnamese citizens (Viet Kieu).

Vietnam exported almost 4.7 million tonnes of rice in the first eight months of this year, according to the Vietnam Food Association.