Business

Leaders of ASEAN and the Republic of Korea have agreed to lift up two-way trade value to US$150 billion by 2015.

Vietnamese farmers should follow Vietnam Good Agricultural Practice (Viet GAP) in order to improve and expand their business.

Thirty nine Vietnamese sub-contractors have accused a South Korea-owned company of refusing the debt of USD2.1 million.

The Electricity of Vietnam Group said some contents of the recent Government Inspectorate’s conclusion on its non-core business are inaccurate.

Despite being a major tea producer, Vietnam has been urged to restructure its tea industry to enhance its competitiveness and foster sustainable development.

The Hanoi Department of Industry and Trade has proposed that the operation of 12 petrol stations should be stopped for failing to meet safety regulations.

The new circular to deal with stabilising the price of children's formula products is not gaining much support from local traders and economists who doubt its effectiveness.

The Government Inspectorate has said that ineffective and massive non-core business activities are to blame for the EVN’s great losses.

Vietnam Asset Management Company has signed contracts to buy bad debts totaling VND850 billion from three more banks.

E-cigarette trading has become more popular in Vietnam, and authorities seem unable to control it.

Bribery is still an urgent issue in Vietnam, which has caused great difficulties for enterprises and slowed down the country's development.

The World Bank on Monday lowered its 2013 growth forecast for East Asian developing countries to 7.1 percent and warned that a prolonged US fiscal crisis could be damaging to the region.

The forestry sector is in urgent need of restructuring in order to increase added value from wood processing and trade, and promote sustainable forest development, Minister of Agriculture and Rural Development Cao Duc Phat has said.

A selection of international airlines including Etihad Airways (Middle East), SpiceJet (India), Ethiopian Airlines (Ethiopia), and a South African carrier have all foreshadowed plans to begin flights to Vietnam in response to growing customer demand.

The northern port city of Hai Phong licensed five foreign-invested projects worth nearly US$1.59 billion in the third quarter of this year.

Vietnam is expected to receive around USD11 billion in overseas remittances in 2013, making the country 9th among the top 10 recipient countries in the world.

Quang Ngai provincial authorities have appreciated foreign non-governmental organisations’ projects, helping improve local living conditions and fulfill socio-economic development targets.

Vingroup has officially announced the development of its Vin Kids Center system in major cities across the country.

Vietnam has been urged to map out new agricultural strategies to keep up with the increasing demand for vegetables, fruits and dairy.