Business

The first training centre for Vietnamese coffee producers has been inaugurated in Bao Loc district of Central Highlands Lam Dong province.

Vietnam earned USD1.1 billion from exporting mobile phones and components in the first two months of the year, said the Ministry of Industry and Trade.

Facebook has secured $8 billion ahead of the social network's eagerly-anticipated initial public offering, according to documents provided to US regulators.

The International Monetary Fund's executive board moved toward a fundamental restructuring of voting rights that will give more clout to emerging economies like China and Brazil.

The Ministry of Finance has issued a document revising the price of local petroleum products upwards starting at 4pm yesterday.

Apple unveiled a third-generation iPad enhanced with features aimed at keeping it on top of the tablet computer market.

China decided to stop importing meat from Vietnam and goods from third countries transiting the country due to disease concerns.

The prices of cooking gas and petroleum will be regulated based on market prices, affordability, and inflation concerns, an official has said.

The Vietnamese Government is considering a mechanism to facilitate casino development and gambling.

The Ministry of Agriculture and Rural Development sent a proposal to PM Nguyen Tan Dung for the purchase of one million tonnes of rice for stockpiling from the winter-spring crop this year.

The State Bank of Vietnam will apply measures to lower banking interest rates by 1%, said Governor Nguyen Van Binh.

Sudico Company was allowed to continue with the Nam An Khanh project after an investigation into it’s capital and asset management was carried out.

Foreign banks will be encouraged to compete equally and boost business cooperation with domestic credit organisations, under a plan recently adopted by PM Nguyen Tan Dung.

Singapore PM Lee Hsien Loong reaffirmed his commitment to encourage Singaporean enterprises to invest in Vietnam during his meeting with Foreign Minister Pham Binh Minh.

The Vietnam-Sri Lanka business forum took place on March 5 in Hanoi.

Singapore Telecom said that it will buy US mobile advertising startup Amobee for $321 million to expand group revenues from ads and marketing across Asia.

Both fish farms and exporters are facing difficulties due to a lack of capital, putting their export goals for 2012 at risk.

The Ministry of Finance has decided to slash gas import taxes to zero percent from a previous 5% beginning from March 2.

Market experts have said they expect the consumer price index growth rate to fall to 0.4-0.5% in March due to lower food prices, purchasing power and input prices.