Business

The slump in the property market has in turn led to stagnation in the construction and construction materials industries.

Vietnam Airlines has been told to speed up its restructuring process in order for it to develop into a national group.

Vietnam has the smallest current account surplus in Asia at USD200 million, equal to just 0.1% of GDP, according to a quarterly research by ANZ Bank.

The Government Inspectorate has uncovered serious misconduct worth up to dozens of trillion dong by the Vietnam National Oil and Gas Group.

Google co-founder Larry Page said his first year back at the company's helm has been marked by big bets on social networking and mobile gadgets.

The business licenses of several petrol stations have been suspended and revoked following discover of fraud.

The practice of giving and taking bribes among businesses and civil authority organs has become an alarmingly common phenomenon, a recent survey shows.

PM Dung has issued a decree to stipulate the Government’s monopoly in gold bar production and gold material import-export.

The State Bank has approved in principal to the merger between Habubank and SHB.

Greece said another 20.27 billion euros ($26.7 billion) in government bonds would be exchanged next week under a landmark bond swap that has already erased nearly a third of its debt.

Unexpectedly lasting rain in March ruined completely 2,800 hectares of salt and forced 3,600 salt producing households in Bac Lieu Province to incur a complete loss.

The recent bankruptcy of three seafood businesses has resulted in great losses of more than VND200 billion for hundreds of farmers in the Mekong Delta, according to preliminary statistics.

Deputy PM Hoang Trung Hai urged relevant agencies to prepare and hand over land for the project to build a large petrochemical complex in Ba Ria-Vung Tau Province.

Despite repeatedly complaining of losses over the last few years, EVN has paradoxically posted strong growth in revenue during these 'loss' periods.

Commercial banks are striving to applying several risk control measures, essentially improving credit quality and reducing bad debt, as they confront a worsening problem with non-performing loans.

The Government Inspectorate found that Song Da Group has committed misconducts worth over VND10.676 trillion.

The inefficient use of capital is to blame for the recent spate of business bankruptcies, said Minister Vu Duc Dam.

Top Japanese electronics producers are exposed to great tectonic changes, an economist said.

Domestic coffee businesses continue hit snags as farmers still speculate products and sell them based on rumours.