Business

Three local largest telecom groups have been fined VND100 million after violating regulations on prepaid subscribers.

Some 3,700 workers of Sanyo OPT Ltd. Company have been put out of work due to losses caused by the firm's bad operations.

Vietnam should only approve foreign direct investment projects that are environmentally friendly, one economist said.

Czech Republic Minister of Industry and Trade Martin Kuba has affirmed that his country prioritises its trade and investment cooperation with Vietnam.

Ho Chi Minh City ’s consumer price index in January edged up only 0.44 percent against the previous month, a fairly low rate given that the Lunar New Year is drawing near.

Tet bonuses should be outlined in a regulation and workers should be paid 15 month’s worth of salary per year, said an official.

Vietnam has sent a notice of official opposition to the United States over an anti-subsidy lawsuit against Vietnamese frozen warm-water shrimp.

Can Tho City is currently facing a shortage of modern and large-scale entertainment places or tourist-friendly souvenirs.

HCM City held the Vietnam Business Forum on January 19 to discuss the challenges facing small and medium-sized enterprises and their potential solutions after Vietnam’s five years as WTO member.

The General Department of Taxation has revealed that they are facing difficulties recovering debts of VND45 trillion from enterprises.

CEOs of state-owned economic groups will be dismissed if they let their holding companies suffer losses for two consecutive years.

Nearly 18,000 real estate and construction companies faced losses, went bankrupt or closed last year because of the challenging economic situation in the country.

China's economy grew at its slowest pace in 13 years in 2012, the government said Friday.

Falling oyster prices and mounting inventories have been troubling oyster farmers in Thanh Hoa Province’s Hau Loc District.

Due to lower hydropower output, the EVN intends to spend nearly USD239.6 million on power purchases from China this year.

The number of automobiles that were imported to Vietnam in 2012 was just 27,427, a decrease of 50% compared to 2011.

Deputy PM Vu Van Ninh met with the WB’s Country Director for Vietnam Victoria Kwakwa in Hanoi to discuss the financial sector’s reformation, and the restructuring of state-owned enterprises in the country.

A report on the operation, revenues and debts of state-owned enterprises in 2012 has just been submitted to the Prime Minister.

Vietnam will only license the development of 4G mobile services by 2015 or even later, one official has said.