Business

Chinese manufacturer Lenovo has overtaken US-based Hewlett-Packard as the largest global vendor of personal computers, according to a survey highlighting a struggling PC market.

The World Bank has lowered its economic growth forecast for Vietnam to 5.2% from its earlier forecast of 5.7% given in May, citing unfavorable environments in the region and the world.

Toyota said it would recall 7.43 million vehicles globally over a fire risk caused by a power-window defect in models including the popular Camry and Corolla.

The unskilled labour market, which normally sees an upswing during the last quarters, has shown a lack of vitality this year.

Europe must do more to tackle a fiscal crisis that is heaping extra pressure on an already-strained global financial system, the International Monetary Fund warned in a new report.

Despite making great efforts to improve the quality of domestic cosmetics, Vietnamese products are still regarded as inferior to their foreign rivals.

While the global economic crisis has dealt a strong blow on enterprises in many business fields, software firms still can live well because they can grab the opportunities in the crisis.

The State Audit Office issued a plan to launch an in-depth audit of all economic groups and commercial banks.

PetroVietnam would divest capital from its financial arm PetroVietnam Finance Corp (PVFC) and is seeking a merger with a bank to facilitate this plan.

A free trade agreement between Vietnam and the EU has been launched in Hanoi on October 8.

The 24th meeting of the Asia-Pacific Commission on Agricultural Statistics opened in Lam Dong with 85 delegates from 25 countries and international organisations taking part.

The massive import of low-priced steel has created more difficulties for domestic procedures which currently face high inventory.

Apple has placed orders for more than 10 million iPad mini units for the fourth quarter, according to a new report.

The Ministry of Construction has issued a circular to ban export of eight minerals used to manufacture construction materials.

The Ministry of Finance has agreed for five gas enterprises to raise their prices from October as they said the request was reasonable.

53 giant State-owned groups in Vietnam have made their restructuring plans in the context of the nationwide policy.

Public investment has proven relatively ineffective in past years, according to a new report.

The nation's trade deficit this year is on track to shrink from last year's $10 billion to just $1 billion due to a sharp decline in imports, said the Deputy Minister of Industry and Trade.

The Prime Minister has approved a plan to upgrade Cat Bi International Airport in the northern city of Hai Phong to receive Boeing B747, Boeing B777 and Airbus A321 aircraft.