Business

Starbucks Corp, one of the world’s leading retailers, roasters, and brands of specialty coffee, is committed to purchasing more high-quality Vietnamese coffee in the future.

The VFA has protested against the US Department of Commerce’s launch of investigation under an anti-subsidy lawsuit against frozen warm-water shrimp imported from seven countries, including Vietnam.

A new draft decree will place stricter regulations to force the state-owned firms to disclose more information for better transparency.

The Vietnam Development Bank has pledged long-term credits worth 662 billion VND to the National Power Transmission Corporation to implement the 500kV Quang Ninh – Mong Duong project.

A number of real estate directors have been seeking ways to avoid their creditors on these days leading up to Tet.

The Japanese International Cooperation Agency held a conference in Hanoi on January 30 to review Japan ’s official development assistance to Vietnam over the last 20 years and its future orientations.

Chairman of the state-owned Agribank discussed the bank’s improved management plans after racking up the highest level of bad debts among local banks in 2012.

While, according to many, the tourism industry in Vietnam has shown significant progress, many travel firms have said that they are facing difficulties.

The Eximbank and the Sacombank have unveiled merger plans at a cooperative agreement’s signing ceremony in Hanoi on January 29.

The State Bank of Vietnam has proposed eight solutions to help reinvigorate the currently moribund real estate market.

US companies have voiced support for the Vietnamese government’s efforts to stabilize the macro-economy and pledged to do long-term business in the country.

The Ministries of Finance and Industry and Trade has issued a circular to request petroleum wholesalers not to raise prices.

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.

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.

A professional motorbike taxi service (xe om) has been started in Hanoi.

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.

Around 80% of construction companies reported profits last year, according to the Ministry of Construction.

Many businesses in timber craft villages have switched their focus to the domestic market in a bid to escape the current economic downturn.

The bad debts of Vietnam’s four big state-owned commercial banks were estimated at VND46.6 trillion as of Dec. 31, 2012.