Business

There are optimistic signs of investors coming back to the real-estate market in HCM City after the State Bank of Vietnam announced to lower interest rates.

The Debt and Asset Trading Corporation has considered providing a maximum sum of USD12 million to handle the debt of beleaguered seafood company Bianfishco

Google confirmed that its online search and advertising services are under scrutiny by regulators in Argentina and South Korea.

A legal battle between Yahoo! and Facebook heated up with the floundering Internet pioneer accusing the rising social network star of buying patents just to retaliate in court.

The target was determined at a meeting on the nation's economic situation chaired by the Party General Secretary.

A strange thing is occurring in Vietnam: while businesses declare big losses or bankruptcy, banks still make big money.

Disbursement of foreign direct investment hit $3.61 billion in the first four months of this year, up 0.3% against same period last year, according to Foreign Investment Agency.

Emerging East Asia’s local currency bond markets expanded 7.0% to $5.7 trillion in 2011, says the ADB’s Asia Bond Monitor.

The Ministry of Industry and Trade has proposed to amend the methods used to calculate petroleum retail prices.

Small-scale telecom companies are facing challenges due to market saturation and the dominance of several big players.

The Internet contributes 0.9 percent to total Vietnam’s GDP and 1.6 percent to the country’s total 14.4 percent GDP growth.

16% of listed firms on Vietnam’s stock markets incurred losses in 2011, with the results blamed on incompetent leadership.

Vietnam and the UK have vowed to continue strongly promoting bilateral economic, trade and investment cooperation, describing it as the key area of their cooperation.

The IMF said the Vietnamese Government’s macroeconomy stabilising policies have started to yield high effect, with quickly decreasing inflation, trade deficit and pressure on VND.

Financial institutions must consider slashing interest rates on loans for households and enterprises in economic difficulties.

Many banks have recently met with serious obstacles in promoting lending despite abundant liquidity and continuously cutting interest rates on loans.

Chinese companies have taken part in four M&A deals, worth USD749 million, in Vietnam last year, a recent report said.

The State Securities Commission will inspect six securities companies over doubts that they haven't followed financial regulations.

The country is estimated to face a trade deficit of USD200 million in the first four months of the year, equal to 2.3% of the country's total export value.