Business

Tax payers' joy fade away when the application date for the personal tax law amendment is exactly one year away.

Business confidence returned to Vietnam in the second quarter of 2012, according to the latest Grant Thornton International Business Report.

The United States and 16 other nations renewed their "strong opposition" to a controversial EU carbon tax on airlines, vowing to work for a multilateral global solution.

Tokyo Electric Power's chief vowed "nothing was sacred" in his bid to chop costs as the operator of Japan's crippled Fukushima nuclear power plant posted a $3.68 billion quarterly loss.

PM Nguyen Tan Dung requested the state bank to focus on dealing with bad debts among commercial banks.

Since Chinese traders have stopped purchasing, lobsters are being offered at cheap prices on HCMC streets.

Strict new conditions for rice exporters that take effect on October 1 are set to result in 50 enterprises losing export licences, according to The Ministry of Industry and Trade's Import and Export Department.

China's manufacturing activity picked up modestly to a three-month high in July as factory output rose, boosted by government measures to stimulate the economy, HSBC said.

Lucrative land plots set aside for urban projects in Hanoi have been turned into parking lots, football grounds and beer bars.

More than 60 listed real estate firms have confirmed that they have excess inventories worth over USD4 billion.

Vietnam aims to increase the number of people using mobile phone services to 90 percent of its population by 2015 and 95 percent by 2020.

Tribeco will hold an irregular shareholders meeting to dissolve after a long period of consecutive losses.

The nation's Index of Industrial Production increased 4.8 percent in the first seven months of this year over the same period last year, the General Statistics Office reported.

Spain's downturn deepened in the second quarter, with the economy shrinking 0.4 percent after contracting 0.3 percent in the first three months of 2012, official data showed.

Investors are earning large amounts of money from illegally leasing the land of stagnant projects.

Many businesses facing financial difficulties have been delaying payment for meal services or refusing to pay at all.

The eurozone reached a crucial juncture and its leaders will work with the ECB to save the currency, the Eurogroup chief said.

Vinacomin said that it has cut 10% from staff salaries compared to last year, and there may be more to come.

It requires greater efforts from non-state sectors to boost infrastructure development, says Minister of Planning and Investment Bui Quang Vinh.