Business

The eurozone crisis returns with a vengeance this week after a brief respite for German Chancellor Angela Merkel.

Many Hanoians have been buying apartments in old buildings for fear of fraud and slow construction progress in new projects.

The Deputy Governor of the State Bank of Vietnam advised people and enterprises not to rush to sell malformed gold bars.

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.

All kinds of imported fruit will be carefully checked as from September 2012.

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.

Despite the slump in real estate prices, old villas in Hanoi are still going for sky high prices.

The MoIT will apply automatic import licences to some steel products as of Sept. 20 in order to better manage imports.

The draft law on casinos in Vietnam has stirred public opinion and the interest of potential investors.

The lifting of the massive Unit 1 Steam Drum into the Mong Duong 2 BOT power project commenced today in Quang Ninh.

Despite the slowing in sales of Chinese goods, Vietnamese companies have not filled in the gap.

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.

Transport fees are expected to increase at least 5% after the Ministry of Finance decided to raise petrol and oil prices.

Viettel and VNPT have made agreements with Facebook to co-operate to carry out a USD450-million project called Asia Submarine-cable Express.

The European economy shrank over the past three months as slowing German growth and moribund conditions in France pushed the struggling region to the doorstep of recession.