Business

The US Department of Commerce announced its preliminary determination in the anti-dumping duty investigations into imports of welded carbon steel pipes from India, Vietnam, Oman and the United Arab Emirates.

Japan and China will start direct currency trading, marking the first time China let a major unit other than the USD swap with the CNY.

During first four months 2012, HCMC Tax Agency received 7,000 applications for personal income tax refunds, more than double last year’s figure.

Some small power plants have been complaining about being squeezed by EVN, claiming that they are taking losses.

Asia's biggest wine and spirits fair opened, giving the world's top producers from France to Argentina a chance to tap the booming but still relatively new Chinese market.

Vietnam earned 2.3 billion USD from agro-forestry and aquatic exports in May, up 10.1 percent against the corresponding period last year.

While the Ministry of Planning and Investment is building up a list of key FDI projects in the 2011-2015 period, local authorities still argue about the way of approaching the issue.

Many small enterprises in Hanoi have opted to move their offices to homes due to economic difficulties.

Political leaders in Athens and thousands of internet users rounded on the IMF chief for branding Greeks tax-dodgers, as parties went on the campaign trail for next month's elections.

The Government aims to develop the country's coastal tourism sector into one of the top in the region by 2030, rivalling sea and coastal tourism in Thailand, Malaysia and Indonesia.

Gold traders have 6 months to trade gold bars freely before being compelled to conduct the transactions at stores licensed by the SBV.

The State Bank of Vietnam announced that it would cut interest rates in a bid to revive the country’s struggling economy.

The State Bank of Vietnam has yet to issue any directive on recalling the VND coins, deputy director of the SBV’s branch in Ho Chi Minh City has confirmed.

While the Central Bank claimed the country’s ratio of bad debts increased to 3.6% by the middle of April, other studies claim the figure could be three to four times higher.

Vietnam is still a potential market despite the fact that the underdevelopment of its support industry remains one of the barriers to foreign investors.

As more and more people go to supermarkets, the traditional markets have to modernise in order to stay competitive.

Several NA deputies came out against the Government’s economic restructuring plan, calling the content vague and cursory.

The IFC granted a credit package worth US$25 million to Orient Commercial Joint Stock Bank to increase capital accessibility for small-and-medium-sized enterprises.

Despite a ban on unregistered pre-paid SIM card trading from June 1, many traders have continued to stock the cards to sell them at higher prices.