Business

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.

Hundreds of households in a mountainous village in Thanh Hoa Province are compelled to turn off their electrical appliances due to irrationally high electricity prices.

Many major commercial banks are making efforts to seek foreign strategic partners to sharpen their competitive edge, according to a report in Dau Tu (Investment) newspaper.

The price of electricity has been raised to an average 1,508.85 VND per kWh (exclusive of value added tax) starting August 1, an increase of 71.85 VND (5 percent).

Still stuck in China with no way home, sailors from Vinashinlines managed to contact DTiNews to report about their difficult living conditions.

Along with the increasing number of smartphone users, several banks have developed services to support financial transactions via mobile phones.

Unemployment continued at record highs in the 17-nation eurozone in June but there was some hope of an improvement as the numbers of those out of work fell slightly, official data showed on Wednesday.

Vietnam and Japan are working closely together to develop detailed action plans to carry out Vietnam’s industrialization strategy, as part of their co-operation agreement towards 2020 with a vision to 2030.

Leaders of state-owned enterprises which are slow in withdrawing their investments from non-core business activities might easily be dismissed.

HCM City welcomed 2.1 million international tourists in the first seven months of 2013, reaching 57% of this year target.

The illegal import and oversupply of sugar has been a big headache for the Vietnamese sugarcane sector.

Vietnam attracted nearly US$12 billion in newly and additionally registered foreign direct investment capital in the first seven months of 2013, a year-on-year of 19.6%.

Tonnes of fish in Thanh Hoa Province's Hai Binh Commune mysteriously died after a heavy rain, putting local farmers in difficulties.

Prime Minister Nguyen Tan Dung has pressed the northern mountainous province of Lai Chau to tap its hydropower and mineral resources potential - key sectors to drive its economic development and the entire region as a whole.

Foreign direct investment registered during the first seven months of this year surged by 19.6 per cent over the same period last year to US$11.91 billion.

The export turnover of agro-forestry and aquaculture products is expected to reach US$15.59 billion for the first seven months of this year, down 1.6 per cent year-on-year, according to the Ministry of Agriculture and Rural Development.

Deputy Minister of Industry and Trade Tran Tuan Anh has held a working session with the Belgian ambassador to Vietnam Bruno Angelet to discuss the building of a centre to distribute and auction Vietnamese seafood products at Zeebrugge port, Belgium.

There is a big disparity in average salary between managers at state-owned corporations and managers at their affiliates, the State Audit Office said.

The State Audit Office has announced the auditing results of 2012 which found many petrol price management violations.