Australia's struggling BlueScope Steel Monday reported a Aus$1.04 billion ($1.09 billion) net loss for the 2012 fiscal year, but said it was now well-positioned globally for growth.
The SBV increased this year's credit-growth targets for a number of commercial banks, hoping to spur lending to struggling enterprises dealing with high inventories and sluggish markets.
The People’s Committee of Quang Nam Province has approved the starting price for auction of more than 3,061 tonnes of titanium confiscated by Maritime Police Zone 2 on August 14.
To hold sway over the domestic market, Vietnamese companies must develop a long-term strategy to improve the quality of their products while maintaining reasonable prices and their prestige.
Viettel, the country's leading telecom firm, said it will invest in a mobilephone network in Timor Leste (East Timor) as part of its global business expansion plan.
Finnish telecom giant Nokia and Microsoft plan to unveil a smartphone equipped with the US software giant's Windows 8 operating system on September 5, a report said.
By 2020, it will have cost almost 1.8 billion USD to shorten the travelling time by train from Hanoi to HCM City, said a team of specialist advisors from JICA.
Standard Chartered has settled allegations that it helped Iranian clients dodge US sanctions, announcing a fine of $340 million from a New York banking watchdog.