Business

PM Nguyen Tan Dung decided to give a warning to the former chairman of EVN for big losses of their subsidiary EVN Telecom.

The Vietnam Association of Seafood Exporters and Producers has estimated Vietnam’s 2012 shrimp exports at US$2.25 billion, down 6.3 percent from 2011.

The IMF and European Commission officials have encouraged France and its eurozone partners not to fixate on deficit reduction targets if it would exacerbate the bloc's debt crisis.

Belgium is rightly proud as producer of some of the world's finest chocolate but changing tastes and new markets in Asia and the Arab world are shaking up its predictable chocolate scene.

Deputy Prime Minister Hoang Trung Hai yesterday urged the agriculture sector to make drastic changes in order to become more sustainable.

The State Bank of Vietnam has granted licenses for the trading of gold bars to 31 enterprises.

Despite territorial disputes, oil prospecting and drilling activities will continue in the disputed East Sea.

The Governor of the SBV has admitted that the settlement of bad debts was going rather slowly, despite efforts by banks.

The nation's Index of Industrial Production slowed to its lowest in three years, rising just 4.8 percent in 2012, according to the General Statistics Office.

The MoIC will allow a number of telecom companies which face difficulties to go bankrupt or withdraw from the telecom market.

The SBV will provide between VND20-40 trillion for commercial banks to provide home loans at reasonable rates.

Vietnam should control inflation at 6-6.5% in 2013 according to Prime Minister Nguyen Tan Dung.

The government has drafted two solutions to deal with the slumping real estate market.

Over the last two years, Vietnamese enterprises invested USD3.8 billion into 222 projects in Laos, making Vietnam the third largest investor in that country.

The minimum wage increase set to be in effect starting January 1 will add burdens to companies that have faced difficulties.

Mai Linh Group may have to sell its assets to settle outstanding debts, threatening 6,000 staff with unemployment.

The value of seafood exports this year are expected to inch up by about 1% over last year to USD6.12 billion, the Ministry of Agriculture and Rural Development estimates.

As much as 99% of fishing ships owned by local fishermen have wooden hulls, posing high risk of accidents, one official said.

Vietnam recorded a Gross Domestic Product growth rate of 5.03 percent in 2012, announced the General Statistics Office in a press briefing in Hanoi.