Business

Ministries, branches and localities should strictly implement works on nine World Bank-funded projects to bring them out of the slow-disbursement list by 2012.

The Ministry of Construction has asked the Bank for Investment and Development of Vietnam to appraise and provide capital for seven low-income housing projects.

The ships flying the Vietnamese flag now have the golden opportunity to regain the domestic container shipping market which is being controlled by foreign shipping firms.

World farm production must rise 60 percent by 2050 to meet the needs of a growing population," the FAO and the OECD said.

Thai Nguyen Province has withdrawn the investment license from a USD4.6 billion project.

Stock price are falling to their lowest prices since the beginning of the year.

Electricity of Vietnam has finalised the dissolution of Dong Nai Hydro-power JSC and is considering the dissolution plan for five remaining affiliates.

Many banks have started to provide low-interest loans for people with real housing demand, fostering hopes of jumpstarting the stagnant market.

A company in Binh Duong Province was prosecuted for setting up an online commercial transaction market to cheat hundreds of people.

Vietnam is expected to see rapid trade growth in the next 15 years, according to the Global Connections Report, announced by the Hong Kong Shanghai Banking Corporation.

Some $58.3 million will be spent supporting small-and medium-sized enterprises between 2011-15, according to a plan expected to get PM Nguyen Tan Dung's approval.

PetroVietnam continued its oil exploitation activities in the East Sea despite China’s illegal tender offer for nine offshore oil blocks.

Eurozone finance ministers agreed Tuesday to offer Spain 30 billion euros this month to help its distressed banks as they raced to stay ahead of market scepticism.

State-owned corporations and groups have been requested to withdraw from their non-core investments before 2015.

Eurozone finance ministers meet Monday under pressure to push ahead quickly with measures agreed last month to tackle the debt crisis as market sentiment turns increasingly negative.

Many banks are unhappy with the SBV's instruction to lower interest rates on existing loans to below 15% per annum.

The Ministry of Construction proposed the establishment of a General Department of Housing and Real Estate Market.

State-owned construction firms performed poorly in the first half of the year, with unfinished projects and slow growth.

A lawyer has recommended that the government cut corporate income taxes by 5% to 20% to help enterprises lower costs on future investmens.