Business

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

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

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

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

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.

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

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

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.

The MoPI released the Socio-Economic Report in 2012 which pointed out corruption as a major issue for the country's economy.

The Ministry of Finance has decided not to cut petroleum prices despite the falls in world prices, one official said.

The government has reiterated its position that only foreign passport holders will be allowed to use casinos in Vietnam’s five-star hotels.

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.