Business

PM Nguyen Tan Dung issued a circular banning export of certain minerals to deal with the increasing violations in mineral exploration, processing and export.

The estimates for Vietnam’s consumer price index in January were just a 1% increase against December 2011.

The recent hikes in car registration and license-plate fees have worsened things for the automobile market, which was already struggling due to the economic downturn.

Vietnam’s exports, imports and trade deficit decreased dramatically in the first month of 2012, according to the General Statistics Office.

The Government has decided to cease licensing new bauxite exploration projects in northern regions.

Purchasing power does not drastically increase in the month approaching Tet to reduce the pressure of inflation this January, Hanoi Statistics Office has said.

The G20 group of powerful economies agrees on the need to boost IMF resources but has not yet discussed figures, according to a meeting on Friday.

Petroleum traders have been requested to maintain petrol prices throughout the Tet holiday, and will increase the use of the petrol price stabilisation fund.

Labourers’ average salary reached VND3.84 million (USD182.54) per month in 2011, according to a new report.

Domestic shrimp exporters will boost their shipments to Asian markets this year, said a local official.

The Vietnam Gas Association has detected a number of local gas traders who have imported dimethyl ether to dilute gas.

EU nations agreed to sanction Iran's central bank, freezing assets used to finance its nuclear drive, but have yet to clinch an oil embargo deal that could penalise debt-hit Greece.

There’s no worry about the lack of meat during and after the Tet holiday, said an official from theMinistry of Agriculture and Rural Development.

EVN loses over VND3 trillion from selling low-cost electricity to the steel and cement industries per year, a report showed.

PetroVietnam's decision to withdraw from a huge skyscraper project in Vietnam has raised concerns from investors and experts.

The PM allowed national flag carrier Vietnam Airlines to take over the entire state-owned capital of budget airline Jetstar Pacific.

China's trade surplus shrank in 2011 to $155.14 billion as export growth slowed sharply, reflecting the economic turmoil in Europe and the US.

The Ministry of Industry and Trade will further restrict the import of luxury goods this year in a move to keep the trade deficit at roughly $13 billion.

Two more hydropower plants with a combined capacity of 318MW have been put into operation.