Business

The world's biggest air-conditioner maker Daikin Industries of Japan will acquire Goodman Global of the United States for 300 billion yen ($3.8 billion), a report said.

Large houses in inner-city districts of Hanoi are being offered for sale online at tens or even hundreds of billions of VND.

Vietnam’s exports to Japan in the first half of this year reached around US$7 billion, a year-on-year increase of 45 percent.

The G7 industrial countries called on oil producers to increase output, saying higher prices posed "substantial risks" to the global economy.

S. Korea's Samsung Electronics vowed to take "all necessary measures" to keep its products on US store shelves, in response to Apple's request for a ban on sales of some smartphones.

The Ministry of Industry and Trade has quashed rumours that Vietnam is running short of petrol for domestic use and said any hoard of this product will be strictly dealt with by relevant agencies.

Japanese companies pledged to invest a total USD4.33 billion in Vietnam in the first eight months of this year.

Some enterprises have asked for a delay on the planned adjustment to basic salaries, citing tough economic times as the reason.

Vietnam’s total export turnover of agro-forestry-aquatic products in the first eight months of 2012 is estimated at more than 18.1 billion USD, a year-on-year increase of 9.7 percent.

Thousands of containers are stuck at Mong Cai Border Gate in the past six months, awaiting Chinese customs clearance permission.

Hanoi authorities proposed to impose new taxes on abandoned villa projects as a punishment to investors.

The Vietnamese banking system have returned to normal operations after ACB's top officials were arrested, said the SBV Governor.

Vietnam ranks third in Asian Consumer Confidence, after India and China, according to the latest MasterCard Worldwide Index for Consumer Confidence.

China, Japan and South Korea are loath to let tensions over sea claims damage their economies, analysts say.

Despite lower prices for tours this Independence Day, on Sept. 2, tourism companies have been finding it difficult to attract customers.

Apple scored a legal victory over Samsung as a U.S. jury found Samsung had copied features of the popular iPhone and iPad.

Apple and Samsung infringed on each other's patents on mobile devices, a Seoul court ruled Friday, awarding damages to both technology giants and imposing a partial ban on product sales in South Korea.

Two petrol wholesalers proposed another rise in prices to the Ministry of Finance, which would see a VND1,200 increase per litre.

Luxury shops located in Hanoi's up-market shopping centres are closing due to slow sales.