Business

The MoC has submitted a proposal to the PM which would allow foreign nationals with visas of three months to buy houses in Vietnam.

The State Bank of Vietnam has given VND500 billion in charter capital to the Vietnam Asset Management Company.

The PetroVietnam Exploration and Production Corporation has welcomed the first oil stream from West Desaru 1 oil well it is exploring under a joint project in Malaysia, according to the Vietnam National Oil and Gas Group.

Nguyen Duc Kien, one of Vietnam's most powerful tycoons, will be charged with major crimes that caused huge losses to a local bank.

Hanoi has played host to an August 8 seminar introducing the industrialisation strategy Vietnam has devised for its 2020 cooperative framework with Japan and its long term vision towards 2030.

National flag carrier Vietnam Airlines plans to launch its long-delayed initial public offering by the end of the second quarter of 2014.

The latest equipment and technologies used in the security and fire safety industries will be on display at Secutech Vietnam 2013, which opens in HCM City tomorrow.

Vietnam's automotive industry could face major collapse under commitments to the ASEAN Free Trade Area (AFTA) which will abolish auto import taxes in 2018.

Abbott Nutrition Vietnam has decided to recall batches of Similac Gain Plus Eye – Q for infants aged 1-3 suspected of containing the Clostridium Botulinum germ that may cause muscle paralysis.

The Ministry of Construction proposes plans to protect customers of unfinished projects who have been suffered losses because of incapable investors.

Confectionery production will see the highest growth in the food technology industry, Vu Quang Hung, deputy head of the Ministry of Industry and Trade's Institute for Industry and Strategy Policies, has said.

Many noodle makers in northern Vietnam have been reporting slow sales after the stories of unsafe noodles reported in the south.

In an interview with DTiNews, the deputy director of the Institute of Tourism Development Research talked about measures that could promote the tourism industry.

A survey by the SBV showed that 50% of Vietnamese banks made lower profit between January and June this year against the second half of 2012.

The online hotel booking service is becoming a lucrative business for investors in the hospitality industry in Vietnam.

A couple in Lang Son City has recently been charged with having extorted hundreds of billions of VND from dozens of individual creditors.

China breached the rules of global commerce by imposing duties on imports of US chicken, the World Trade Organization ruled Friday, saying Beijing must fall into line.

Forbes has included 10 Vietnamese companies in its Asia’s top 200 “Best Under a Billion” (BUB) listings, two more than the eight featured last year.

Starbucks, the giant American coffee company, opened its second store in Ho Chi Minh City on August 1, just six months after making its initial appearance in Vietnam.