Business

Five years after the release of the iPhone, there are now over a billion smartphone users worldwide.

A report on socio-economic development in 2012 and orientations for 2013 will be presented by the Ministry of Planning and Investment (MPI) at the 13th National Assembly’s fourth session next week.

The increasing popularity of illegally imported sugar threatens to put sugar mills in the Mekong Delta region out of business, says a local official.

Taiwan's Foxconn has confirmed it employed children as young as 14 at a plant in China.

The leaving of the giant Shell group from Vietnam has been attributed to the mismanagement of the gas market, where there is no room for authentic investors.

Japan's prime minister will instruct his ministers to plan for an economic stimulus of up to 1.0 trillion yen ($12.7 billion), reports said, as an election hovers into view.

The Government is considering a plan to delay the planned increase in the minimum wage for State officials that was set for 2013.

Microsoft's tablet with 32GB of storage will start at $499. Add the novel ultrathin keyboard, and the price jumps to $599.

Toyota Motor Vietnam has decided to recall 5,299 Toyota sedans nationwide to check if there is a faulty power window switch.

Despite low credit growth, many banks have attempted to attract deposits.

Businesses in HCMC have spent VND6.7 trillion on goods to prepare for the three months before and after the Tet holiday.

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.

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

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.

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

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 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.

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.

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.