Business

Due to a slump in real estate market, the construction materials companies have been holding onto very large inventories.

Vietnam has for the first time scored a victory against a lawsuit directed towards its global exports on the evasion of anti-dumping taxes.

The plan by the Ministry of Transport (MOT) to collect fees to reduce the number of personal vehicles in circulation has not been legalized yet. However, automobile joint ventures have suffered from the plan.

Chairman of the municipal People’s Committee Van Huu Chien has paid a working visit to the US to promote investment and seek cooperative opportunities.

The current high interest rates in Vietnam are a great source of profit for banks, while businesses are facing numerous hurdles.

PM Nguyen Tan Dung has asked the Electricity of Vietnam to adhere to a recently approved plan that would make the group profitable.

Hundreds of foreign-invested enterprises that need to have their business operations re-registered may be able to avoid dissolution or suspension.

World oil prices climbed as traders speculated that the Chinese government could implement more stimulus measures to combat weaker economic growth.

China's economy expanded at its slowest pace since the depths of the global financial crisis more than three years ago.

An official from the State Bank of Vietnam said that they will not need VND100 trillion to deal with the bad debts at local banks.

Millions of pre-paid mobile phone subscribers in HCM City may have to re-register their personal information.

Reports that there will be 4 power price adjustments this year has been the cause of worry.

Ministries, branches and localities should strictly implement works on nine World Bank-funded projects to bring them out of the slow-disbursement list by 2012.

The Ministry of Construction has asked the Bank for Investment and Development of Vietnam to appraise and provide capital for seven low-income housing projects.

The ships flying the Vietnamese flag now have the golden opportunity to regain the domestic container shipping market which is being controlled by foreign shipping firms.

World farm production must rise 60 percent by 2050 to meet the needs of a growing population," the FAO and the OECD said.

Thai Nguyen Province has withdrawn the investment license from a USD4.6 billion project.

Stock price are falling to their lowest prices since the beginning of the year.

Electricity of Vietnam has finalised the dissolution of Dong Nai Hydro-power JSC and is considering the dissolution plan for five remaining affiliates.