Business

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.

Vietnam's total retail market is forecast to grow 23% annually til 2014, offering opportunities for both domestic and foreign retail businesses, AT Kearney reported.

VimpelCom Group said it would sell all of its 49% stake in Gtel Mobile, the provider for Beeline mobile network in Vietnam.

The Ministry of Industry and Trade said that the power supply will be sufficient for this summer.

Carmakers gathered in Beijing for China's leading auto show, seeking an edge in the world's largest automobile market.

Facebook struck a $550 million deal to get its hands on hundreds of AOL patents from Microsoft..

Despite transferring the ownership of the Hoa Sen vessel, Vinashinline continues to owe the crew billions of VND in wages.

Many manufacturers are compelled to agree to provide high commissions and numerous fees to supermarkets in order for their products to find their place on the latter’s shelves.

An economist says that the recent petrol price hike is unlikely to affect the Government's target on curbing inflation to less than 10%.

The stock market is showing signs of a rebound as liquidity and share appear to be on a quick rising.

Antonis Samaras, head of Greece's right-wing New Democracy party that is tipped to win May 6 elections, promised to revive the economy by lowering taxes and curbing waste.

The Ministry of Natural Resource and Environment’s statistics show that only 299 non-Vietnamese nationals had bought homes in the country.

Hanoi is seeking over VND161 trillion of investment to convert itself into a national and regional big trade centre.

Amendments will be made to Viet Nam's tax agent regulations to boost effectiveness, an official said.

HCM City authorities proposed that the PM introduce a three month extension to corporate income tax deadlines for SMEs.

PM Nguyen Tan Dung has requested the cancellation or relocating of golf course projects that still remain on paper.

The Hanoi Department of Planning and Architecture proposed a check of existing projects and 167 hectares in resettlement areas.

VNPT proposed that Government not privatise MobiFone, but merge it with VinaPhone to set up a new firm called VNPT-Mobile.

The prediction was confirmed by Minister of Planning and Investment Bui Quang Vinh at a working session of the National Assembly Standing Committee on April 20.