Business

Nearly 3,000 handicraft villages are facing difficulties in finding markets for their products.

The Electricity of Vietnam Group is estimated to make a profit of VND3.5-4 trillion this year, one official has said.

The Ministry of Agriculture and Rural Development has asked foreign exporters to strictly adhere to its Circular 13, ensuring food hygiene and safety for local consumers.

Up to 23 multi-level or pyramid scheme marketing companies in Vietnam halted operations by the end of September.

Remittances sent to Vietnam this year are expected to substantially exceed last year’s total of USD9 billion.

The export of salanganes nests in Hoi An Town is facing difficulties in due to bad impacts of the global economic downturn.

Vietnamese small-and-medium-sized enterprises are in desperate need of a product overhaul to become more competitive in the domestic market.

Many postgraduates in Hanoi have moved to work as workers in their hometowns after failing to find a job in the capital city.

Online enterprises have boomed, but many Vietnamese businesses still do not take full advantage of internet marketing to leverage economic development.

Local lenders have continued to launch preferential home credit programs but with certain conditions.

Vietnamese have not leaped for joy on the mammoth USD28.7 billion oil refinery project, because they still keep doubts about the feasibility of the project.

Saigon Petro Company has decided to cut gas prices by VND12,000 per 12-kilo cylinder beginning today, December 1, one official said.

The European Chamber of Commerce in Vietnam launched its fifth edition of the Whitebook of Trade/Investment Issues and Recommendations in HCM City.

Vietnam will strive to be named in the top five countries in Southeast Asia in terms of tax facilitation by 2015 and the top four by 2020.

Fake products have become an increasing problem in the Vietnamese market, affecting customers’ health and causing losses for the national economy.

Japan's cabinet approved a $10.7 billion economic stimulus package just weeks before an election the ruling party is expected to lose, while analysts questioned its likely benefits.

The Government has requested the State Bank to apply more flexible policies to facilitate enterprises’ access to bank loans.

A workshop was held in Hanoi to help businesses keep abreast of Vietnam’s economic prospects in 2013 and future challenges when a free trade agreement between Vietnam and the EU is signed.

Garment and textile companies are now rushing to offer big discounts to attract customers, even for their new products, due to sluggish sales.