Business

The PM has asked ministries, agencies and localities to coordinate closely to contain the rate of inflation at no more than 8 percent.

Chocolate is conquering new worlds, with sales booming from Asia to Brazil.

Vietnam’s garment and textile sector has seen positive signs in the fourth quarter of the year with many big names having acquired sufficient orders for the period and even for the first quarter of 2013.

Fish sauce from Phu Quoc island has become Vietnam’s first product to qualify for the European Union’s Protected Designation of Origin.

The State Bank of Vietnam has proposed the Ministry of Finance levy a special consumption tax on gold, said an official.

Foreign direct investment in the first 10 months hit $10.5 million, said the Foreign Investment Agency under the Ministry of Planning and Investment.

Vietnam may increase the personal income tax threshold to VND9 million from current a VND4 million under a draft law on the issue.

The WTO has approved the membership of Laos, ending a 15-year effort by the country to join the global trade body.

Japan approved a $5.3 billion cash injection to boost the stuttering economy, a move likely to add pressure for more central bank measures with a general election on the horizon.

The State Bank of Vietnam is drafting a plan to set up a national debt trading company.

The annual year-end spike in demand for foreign currency has set in, but it is unlikely that foreign currency loans by banks will expand sharply as a result.

More foreigners should be allowed to buy apartments and more small apartments should be built in order to save the real estate market, experts said.

In order to maintain market stability, the State Bank of Viet Nam will not remove the current cap on deposit interest rates.

Police have arrested leaders of Tam Mat Troi, a Vietnamese multi-level marketing company, for fraud.

Countries in Asia are drawing up plans to make the plastics industry sustainable, with a focus on plastic recycling.

The EU wants to hear Vietnam ’s opinions on specific fields for assistance, the EU Director General for Employment, Social Affairs and Inclusion Koos Richelles said.

Vietnam’s October consumer price index only increased 0.85% in October against last month, statistics showed.

In spite of years of harsh spending cuts and tax increases, Europe's debt problems are getting worse.

Members of the National Assembly urged the Government to apply a fully competitive retail power market sooner than the scheduled date of 2022.