Business

Vietnam will set up offices in several promising markets including the Middle East this year to promote its goods and also attract investment.

Eight years after its launch, social networking giant Facebook is poised to file papers for an initial public offering seeking to raise at least $5 billion.

Enterprises are facing labour shortages after Tet as many workers have yet to return to work following the break.

Though the Vietnamese payment card industry has posted impressive growth over the last 20 years, most local cardholders still use the cards for cash withdrawal, rather than conducting their payments with them.

The State Bank will submit a plan to the Gov't to mobilise gold from individual people who hold an estimated 300-500 tonnes.

Prime Minister Nguyen Tan Dung on January 30 witnessed the inauguration of key projects in the southernmost province of Ca Mau.

EU leaders closed one chapter in the debt crisis with a new treaty supposed to end deficits -- then launched a big final push to resolve Greece's bailout woes.

Following the industry’s first acquisition last year, the domestic telecom sector is expected to witness more mergers and acquisitions this year, insiders said at a seminar last week.

Vietnam has been honored as an exemplary model for agricultural development in developing countries at the current 42nd World Economic Forum in Davos, Switzerland.

The Overseas Labour Management Department has set a target of sending 90,000 workers abroad this year.

The finance minister of Greece rejected a proposal from Germany for the EU to take control over its tax and spend decisions.

Foreign tourists to Vietnam are willing to pay more for local food, resorts, and interesting places, a survey by the Vietnam National Administration of Tourism has found.

Agro-forestry-aquaculture products are estimated to fetch $1.8 billion in export revenue in January, a decrease of 16.3 percent against the same period last year.

Even though the market slowed down in 2011, domestic demand for steel is forecast to increase by 4% in 2012.

Rating agency Fitch downgraded five eurozone countries, citing their vulnerability to sharp turns in market sentiment amid Europe's debt crisis.

The value of the web economy in G20 countries will nearly double by 2016, according to Boston Consulting Group.

Private-owned businesses pay little attention to support industries because of their small market scale and the absence of incentive policies for this field.

Japan's Shin-Etsu Chemical Co will set up two companies specialising in manufacturing silicone-based materials for high-brightness LED lights, and refining rare earth minerals in Vietnam

Vietnam earned USD6.5 billion in exports in January, down by 28.5 percent from last December and 11.1 percent for the same period last year, said the Ministry of Industry and Trade.