Business

The majority of 24 projects valued in billions of dollars licensed in Vietnam since 2007 have not yet been implemented.

Struggling businesses are in urgent need of government support to keep their heads above water.

Students with banking and finance degrees are worried about their job prospects as banks have tended to cut their workforces.

FDI enterprises are still the most profitable, according to Vietnam Report's Top 500 Largest Enterprises in 2012.

The Electricity of Vietnam on January 7 signed a credit contract worth 2.5 trillion VND with the Vietnam Development Bank to develop the Vinh Tan 2 and Duyen Hai 1 thermo-electric plants.

The Ministry of Industry and Trade held a ceremony in Hanoi on January 7 to grant the National Trademark award 2012 to 54 outstanding businesses.

Vietnamese rice exporters aim to export at least 7.5 million tonnes of rice in 2013, but less than last year, according to Truong Thanh Phong, President of the Vietnam Food Association.

The Beijing Commercial Court ruled in favour of the Vinamit's ownership of the Duc Thanh brand name over a Chinese rival.

The Ministry of Industry and Trade has issued Circular 301 to ease the import of mobile phones, spirits and cosmetics.

Although the landmark 2,400 MW Son La hydropower plant was plugged into the national power grid recently, the potential for electricity shortages still loom across Vietnam.

Many economic groups from Southeast Asia have acquired Vietnamese companies, causing a shock to the local M&A market.

Vietnam’s goals for 2013 are to strengthen its macroeconomic stability, cut level of bad debt, reduce inflation, and strive for GDP growth of 5.5 percent and a 10 percent increase in export turnover.

Vietnam expects to attract 13-14 billion USD in foreign direct investment this year, according to the Ministry of Planning and Investment.

Vietnam’s tourism sector has set a target of 7.2 million foreign visitors for 2013, and expects to serve 35 million domestic tourists - respective increases of 5.15 percent and 7.69 percent from last year.

Air Mekong has been issued with a reminder after failing to pay its fuel bills with the Vietnam Air Petrol Company.

Starbucks Corp., the world’s biggest coffee-shop operator, will open its first store in Vietnam next month as it expands into its 12th Asian nation.

The state-owned Vietnam National Petroleum Corporation’s market share has fallen to only around 50% from a previous 60%, according to a recent report.

Asian markets were mixed on Thursday following the previous day's huge gains after US lawmakers agreed a deal to avert the fiscal cliff.

The Nong Son thermal power plant was left partially finished after the Chinese contractor refused to continue the project.