Business

ASEM finance ministers meet in Bangkok

The 10th Asia-Europe Finance Ministers' Meeting opened in Thailand’s capital city of Bangkok to discuss measures to boost economic and financial cooperation between the two regions.

Apartment owners suffer service quality disputes

Inconsistent apartment service prices and quality have resulted in disputes between owners and apartment management service providers, an agency has said.

International leisure center to be built at Phong Nha-Ke Bang

The People’s Committee of Quang Binh Province has just signed a MoU with ZETA Group Holding, to build an international leisure center at the Phong Nha-Ke Bang National Park.

Increased regulation of staple goods prices discussed

The Ministry of Finance is working on mechanisms to regulate the prices of staple goods including petrol, electricity and coal.

Boosting exports to US market

Vietnam-US trade turnover reached $18 billion in the first three quarters of 2012, representing a year-on-year increase of 13.22%, said the Ministry of Industry and Trade.

Samsung to build new mobile phone factory in Vietnam

Samsung Electronics Co., Ltd (SEV) issued a statement on October 13 announcing plans to invest $700 million in building a new mobile phone production factory in Vietnam.

Minister says flawed estimates to blame for high inflation

The sudden rise in CPI in September was a result of sharp increases in prices in four goods and services, said the Minister of Finance.

State Bank mulls over hike in gold imports

Should the central bank decide to import gold? The question is urgent as credit institutions will not be allowed to mobilise gold after Nov 25.

iPad Mini configurations and prices reportedly revealed

Prices for various memory and wireless combinations for the unannounced tablet allegedly depicted in screenshot from European retail giant's inventory system.

BOT projects fall behind schedule

Hanoi authorities have decided to halt 24 infrastructure projects being constructed under BOT and BT models.

Domestic airfares to increase

Airfares on domestic routes is set to increase, with Vietnam Airlines having the highest rise of VND50,000 per one-way ticket.

Hanoi to set prices for apartment services

Hanoi government has asked the Department of Construction to work out a price frame for apartment services.

Techcombank named Vietnam’s strongest bank

Techcombank has been named the strongest bank in Vietnam, following the recent rankings announced by Asian Banker earlier this month.

EU's Van Rompuy details eurozone budget rationale

EU President Herman Van Rompuy argued that the 17-state eurozone could have a central 'Treasury' with a shared budget and raise funds on commercial bond markets.

Enterprises owe huge amounts in back taxes

Businesses in Vietnam owed tax arrears worth nearly VND20 trillion by the end of September, one official has said.

Oil advances on persistent Middle East tensions

Global oil prices climbed Thursday on the back of geopolitical jitters surrounding Syria, but a rise in US inventories moderated the price gains in US trade.

Advertisers care little about copyright issues in media

Advertisers are not yet accustomed to paying attention to whether newspapers, news sites and social networks they use for ad campaigns infringe any copyrights.

Ministry targets price stabilisation

The Ministry of Industry and Trade, in an aim to stabilise the market and prices, has asked for detailed information about the supply and demand of essential goods in the country.