Business

The Prime Minister has asked State commercial banks to reduce interest rates on loans for farmers in the livestock and fisheries sector while also giving them more time to pay back debts.

Many gas stations in HCM City are suspending operations as they are expecting a price hike to be realized soon.

Real estate developers in HCM City are cutting prices to promote sales of their apartments, especially in the mid-end segment.

Some petroleum wholesalers have been seeking approval for an increase of VND1,400 on petrol.

Faltering economic growth will undercut global oil demand this year and next, the International Energy Agency said Friday, citing slowdowns in China and the United States in particular.

Local traders have been mislabeling Chinese fruits and vegetables as consumers turn away from low-quality goods from China.

A wholly Taiwanese-invested company located in Hanoi were caught trying to sell fake motorbike accessories.

The euro has fallen in value against most major currencies in recent months as volatility on the foreign exchange markets has increased in the debt crisis, the European Central Bank said.

Total taxes exemptions and delays added up to VND10.7 trillion by the end of July, said the Minister of Finance.

Vietnam’s dragon fruit will be directly shipped to the US for food irradiation before being distributed to supermarkets across the country.

Foreigners still encounter problems with tax refunds on goods purchased in Vietnam subject to VAT.

As many as half of million of people could be affected by difficulties facing the Vietnamese coal sector, according to the Vinacomin.

The State Bank of Vietnam has given the final approval for the merger between SHB and Habubank.

Dung Quat Oil Refinery ceased operations on August 8, the second time this year, due to technical faults.

Enterprises in HCMC are to spend huge money on the annual promotion month with hope of stimulating consumer spending.

France is headed back into recession for the second time in just over three years, the country's central bank warned.

While brick-and-mortar shops and restaurants face a slump, street-side stalls in Hanoi continue to earn profits.

The General Department of Taxation said that nearly 47,000 businesses were established in the first seven months.

Exports totalled $62.9 billion in the first seven months of the year, according to a report presented at an online meeting held by the Ministry of Industry and Trade.