Eurozone crisis 'drying up credit to households'
Bank lending to private households in the euro area contracted again in December as the region's crippling debt crisis continues to put a freeze on demand for credit, data showed.
Vietnam opens its largest and deepest seaport
The Ministry of Transport today opened the Cai Mep Thi Vai International Port in Ba Ria Vung Tau Province, the country's deepest and biggest seaport.
Professional motorbike taxi service in Hanoi
A professional motorbike taxi service (xe om) has been started in Hanoi.
Second oil refinery to get off the ground in July
Construction on the US$9 billion Nghi Son refinery and petrochemical complex in Thanh Hoa province will begin very soon following the signing of an EPC contract.
Most real estate firms made profits in 2012
Around 80% of construction companies reported profits last year, according to the Ministry of Construction.
Craft villages target domestic customers
Many businesses in timber craft villages have switched their focus to the domestic market in a bid to escape the current economic downturn.
State owned banks rack up VND46.6 trillion in bad debts
The bad debts of Vietnam’s four big state-owned commercial banks were estimated at VND46.6 trillion as of Dec. 31, 2012.
ANZ predicts inflation may peak at 10%
Inflation will continue to rise in Vietnam and fluctuate at from 8%-10% this year, according experts from the ANZ Bank.
World's biggest nuke plant may shut: Japan report
The largest nuclear power plant in the world may be forced to shut down under tightened rules proposed by Japan's new nuclear watchdog.
January sees 37 FDI projects licensed
Vietnam has licensed 37 FDI projects, worth USD257.1 million in registered capital in January, 2013, according to the Foreign Investment Agency.
Exports soar 43 percent in January
Vietnam is estimated to earn 10.1 billion USD from exports in January, a year-on-year increase of 43.2 percent, according to the General Statistics Office.
Banks blamed for high rates of real estate-related bad debts
Officials answered NA deputies' questions about the bad debts on loans in the real estate market.
Vietnam to publish first public debt bulletin
The MoF will will issue a bulletin on the country’s public debts in line with the government’s regulations on public debt management.
Japanese contractor requests compensation for slow Nhat Tan Bridge project
Tokyu Construction Ltd. Co. has proposed the Ministry of Transport to compensate it VND200 billion (USD9.52 million) due to slow site clearance for the Nhat Tan Bridge project.
National CPI up 1.25 percent in January
The consumer price index in January rose 1.25 percent in January against the previous month, in line with expert expectations.
Former Agribank CEO prosecuted for criminal negligence
Pham Thanh Tan, former CEO of Agribank will face prosecution for criminal negligence according to a senior government official.
More state-owned companies to go public this year
Several state-owned companies including Vietnam Airlines, Vinatex and Viglacera will hold initial public offerings this year.
Major $20 trillion shale oil deposit found in Australia
Australian resources firm Linc Energy said it had uncovered a huge oil deposit in the nation's vast outback.
BigC supermarket sued for chicken trademark infringement
Giang Son Company has announced it intends to sue the Big C supermarket for violating the trademark of Yen The chicken.
Experts discuss ways to boost services sector
The services sector can only developed when the scope of production is expanding, said experts at a recent conference.
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