Business

Experts believe that Vietnam should begin applying the mobile number portability when the penetration rate of Vietnamese users reaches 70% and the service charges can be controlled well.

The Prime Minister has approved the Ministry of Planning and Investment’s proposal to organise the Consultative Group Meeting for Vietnam in Hanoi on December 10.

Petrol prices in Vietnam have not yet sufficiently matched world prices, said Minister of Finance Vuong Dinh Hue.

Unemployment in the eurozone hit a record high of 11.6 percent in September, official figures revealed.

Local administrations nationwide needed to improve transparency while working with investors as a way to spur socio-economic growth.

From September onwards to early next year is the high inbound tourism season in Vietnam. However, the number of foreign travelers to Vietnam so far this year remains modest, so October is nearly ending.

The State Bank of Viet Nam has no plan to import gold any time soon since the metal is neither an essential item nor benefits the economy, Deputy Governor Le Minh Hung has said.

The Government has targeted to cut bad debts in the banking system to less than 3% by 2015, an official has said.

Motorway toll stations in different localities nationwide have been discovered mistakingly collecting vehicle fees.

Walt Disney Co is to buy director George Lucas's Lucasfilm Ltd, including the Star Wars franchise, for $4.05 billion, it announced on Tuesday.

Bad debt has decreased by VND36 trillion (USD1.7 billion) thanks to the efforts of debt restructuring, debt payment delay and quittance, according to the State Bank of Vietnam.

Experts have their reason to believe that the software leasing market would develop very strongly. However, how to collect fee from service users remains a headache to service providers.

Swiss banking giant UBS AG is to cut as many as 10,000 employees, or some 15 percent of its staff, to drastically shrink its ailing investment bank.

Order has been restored on the coffee market with domestic enterprises having regaining the material market which was controlled by foreign enterprises.

A programme to promote trade and investment between Vietnam and Argentina was held in HCM City on October 29.

French President Francois Hollande holds talks with the heads of the World Bank and other top economic bodies to discuss the eurozone debt crisis and ways to kickstart growth.

Vietnam Report has made public a list of 1,000 corporate tax payers in 2012, with their total amount reaching up to VND54 billion of which state-owned enterprises accounted for 58.44 percent.

The VASEP expressed a differing opinion on an article posted by Bloomberg, which gave bad image to shrimp produced in Vietnam.

The nation's industrial production increased 4.5 percent in the first 10 months of this year compared to the same period last year.