Business

The capital city of Hanoi will host the 19th ASEAN Economic Ministers (AEM) Retreat and Related Meetings from March 7-9.

The PM has approved a master plan for economic restructuring between 2013 and 2020, which prioritises sustainable development.

During the month of the Tet festival, the CPI of HCM City went up by 1 percent and 1.44 percent compared with those of the previous month and last December respectively.

Attracting 7 – 7.5 million international tourists and serving 36 – 37 million domestic ones by 2015 are among targets set out in the latest national action programme on tourism.

Real estate experts have forecast a boom in the low-price housing market this year, as prices continue to fall.

Bilateral trade turnover between Russia and Vietnam reached US$3.5 billion last year, up 40 per cent from 2011 and is expected to increase to $7 billion in 2013, officials said.

The private carrier Air Mekong has received approval from the Civil Aviation Administration to halt operation of its flights.

The Vietnam National Petroleum Group has set up a corporation which will focus on waterway transport under its restructuring plan.

A new policy drafted by the Ministry of Planning and Investment and relevant agencies is expected to fuel foreign direct investment flows into Vietnam.

PetroVietnam will increase international co-operation in coming years and pay more attention to attracting foreign investment and exporting technical services, senior officials say.

Several firms have decided to expand their business despite unpromising forecast for this year.

Auto producers are trying to put last year’s disappointment behind them and are hoping for a prosperous 2013.

For the first time since the 1990s, sales of the 100 biggest arms dealers declined in 2011, a think tank said.

The president of the WB warned the world's leading economic powers that global warming is a real risk to the world economy.

HCM City aims to post export turnover of US$34 billion this year, a year-on-year increase of 13.5 per cent, according to the city's department of industry and trade.

Many coffee shops and restaurants have raised their prices following the new lunar year.

A lot of work remains to be done in 2013 before energy prices can be fixed properly in line with the development of market economy.

Vietnam topped foreign investment in Laos with 429 projects totalling USD4.9 billion, said the Lao Ministry of Planning and Investment.

Competition in the free chat software market has become stronger than ever with the participation of a lot of large technology groups, both foreign and domestic.