Business

The SBV has forecast credit growth will increase to 12-13% and will continue increasing despite negative rumours.

Vietnam and the European Union are officially negoting a bilateral free trade agreement.

Disbursement of foreign direct investment experienced a modest increase of 2% during the first half of this year, reaching $5.4 billion, said the Ministry of Planning and Investment.

President Barack Obama has allowed the US Export-Import Bank to loan the VNPT US$125.9 million to buy a US-made communications satellite, announced the White House.

The MIC is seeking PM’s approval for a fund to provide low interest rate loans for affordable housing to help low-income families.

An expert proposed that banks act as intermediaries through contracts between home buyers and project investors.

The race to sell airliners is putting the aerospace companies of the world in cut-throat competition to recruit engineers.

The State Bank of Vietnam has required credit organisations to stop allowing the depositing and lending of gold.

Lack of unanimity among ministries had deterred the development of Vietnam's motor vehicle industry.

Top agricultural exporter Argentina signed a raft of mostly farm-related agreements with China at a ceremony in Buenos Aires.

The trade deficit in the first half of the year was at $685 million, a 10 percent rise over the same period last year, reported the General Statistics Office.

France must find up to 10 billion euros to bring its public deficit back to 4.5 percent of gross domestic product, Finance Minister Pierre Moscovici said.

The CPI this June was the lowest it has been for the last 38 months, with only a 6.9% increase from the same period last year.

Land and houses ads can be found plastered beside concrete cutting and drilling and drainage dredging ads.

The trend to upgrade or replace traditional markets with supermarkets in Vietnam's urban areas was not necessarily a good one for shoppers or traders.

Many customers of Lilama Company in Hanoi complained that they were forced to buy apartments with larger areas than those stated in contracts they signed.

PVEP expanded its presence in South America by acquiring over 50% of a project to explore for oil in Peru, from the London based oil and gas company Perenco SA.

The fisheries sector will need 61 trillion VND for its development plan to 2020, reports said at a seminar on a master plan for the industry, which took place in Hanoi.

The health of 15 of the world's largest financial institutions has been called into serious question after Moody's downgraded their credit ratings.