Business

While the government said Vietnam’s public debts are still at manageable levels, a NA deputy proposed the the assessment standards are clarified.

Deputy Prime Minister Hoang Trung Hai has confirmed that the bauxite project in the Central Highlands region will bear fruit in the long run.

The National Assembly on May 24 approved the government’s nomination of Dinh Tien Dung as Finance Minister of Vietnam with 71.28% of votes in favour.

The State Audit of Vietnam disclosed various wrongdoings of the banking system last year, including the SBV's lax management over the interbank market.

The State Bank of Vietnam on May 23 signed with the Asian Development Bank two agreements on loans and non-refundable aid worth a total 249 million USD to help Vietnam improve water supply services and upgrade roads.

Many NA deputies proposed removing the cap on corporate advertising funding instead of increasing it to 15% of corporate expenses.

Foreign individuals and organisations may be allowed to buy villas and detached houses in Vietnam, not only apartments as at present.

The newly issued decree concerning EVN stated that the group's CEO will be dismissed if he lets the company suffer losses for two consecutive years.

Hanoi’s authorities are struggling to deal with the city’s anarchic taxi companies, as complaints of theft and rip-offs of foreign tourists and other users spiral.

Global Witness has maintained its accusation against Hoang Anh Gia Lai Group’s land grab, deforestation in Laos and Cambodia.

The government has proposed the NA slash VAT by 50% for social housing transaction contracts in an effort to help warm up the property market.

Leaders of recession-hit Europe take a fresh stab at fighting tax fraud and evasion worth a trillion euros a year at a summit Wednesday but seem unlikely to convince reluctant Austria and Luxembourg to sign on.

May’s consumer price index in both Ho Chi Minh City and Hanoi declined by 0.16% and 0.22 % respectively from the levels of the previous month.

The Ministry of Construction is seeking approval from the PM to hire foreign consultants to help adjust current planning for Hanoi.

Vinacomin would be committing a huge mistake by progressing with their bauxite projects, an official has said.

While banks often hunt for or prioritise large-scale businesses for lending, one expert said they should be more careful to prevent possible risks.

Vietnam hopes that the Thai government will encourage more Thai businesses to invest in Vietnam’s central region, especially the East-West Economic Corridor.

The government's report has shown that it will be very difficult to achieve a 5.5% GDP growth rate in 2013 amid the current challenges.

The Starbucks Corporation, one of the world’s leading coffee brands, has claimed initial success in Vietnam.