Business

A company in Binh Duong Province was prosecuted for setting up an online commercial transaction market to cheat hundreds of people.

Vietnam is expected to see rapid trade growth in the next 15 years, according to the Global Connections Report, announced by the Hong Kong Shanghai Banking Corporation.

Some $58.3 million will be spent supporting small-and medium-sized enterprises between 2011-15, according to a plan expected to get PM Nguyen Tan Dung's approval.

PetroVietnam continued its oil exploitation activities in the East Sea despite China’s illegal tender offer for nine offshore oil blocks.

Eurozone finance ministers agreed Tuesday to offer Spain 30 billion euros this month to help its distressed banks as they raced to stay ahead of market scepticism.

State-owned corporations and groups have been requested to withdraw from their non-core investments before 2015.

Eurozone finance ministers meet Monday under pressure to push ahead quickly with measures agreed last month to tackle the debt crisis as market sentiment turns increasingly negative.

Many banks are unhappy with the SBV's instruction to lower interest rates on existing loans to below 15% per annum.

The Ministry of Construction proposed the establishment of a General Department of Housing and Real Estate Market.

State-owned construction firms performed poorly in the first half of the year, with unfinished projects and slow growth.

A lawyer has recommended that the government cut corporate income taxes by 5% to 20% to help enterprises lower costs on future investmens.

Hanoi has issued policies on resettlement apartments for households that have had their homes withdrawn for projects.

The Ministry of Finance is seeking permission from the government to set up a general department to manage and supervise the state capital and assets in state-run companies.

The life of small traders in Hanoi's Dua Market has become harder over the last seven years because of the renovation of the market.

Apple, which is expected to launch a mini version of its market-leading iPad tablet, could quickly overpower its rivals in the segment with the addition of the new product, analysts say.

The first ever Vietnam-Latin America Trade and Investment Forum opened in Hanoi in the presence of Vietnam’s Prime Minister Nguyen Tan Dung.

Capital invested in the stock market has doubled, but the amount invested on issuing shares has reduced 50%.

The United Nations called for a tax on billionaires to help raise more than $400 billion a year for poor countries.

Three commercial joint stock banks in Vietnam have appointed new CEOs this week.