Business

Luxury houses and apartments are being leased for much less now that the real estate market is in a slump.

Euro chief Jean-Claude Juncker hit out at speculation over a Greek exit from the eurozone, saying currency partners affirmed their "unshakeable desire" to keep Athens in the club.

Vietnam may struggle to realise its economic growth target of 6.5% as the economy is predicted to grow by 4.5% in the second.

Debt extensions for businesses will only prolong the existence of incompetent businesses, an economist said.

Don't let the hoodie and sneakers fool you. Mark Zuckerberg is no wet-behind-the-ears CEO.

Yahoo! boss Scott Thompson stepped down in the face of controversy about his allegedly inflated resume, leaving the struggling Internet pioneer seeking its sixth CEO in five years.

Businessmen are giving gifts including shares and land often to influence company ownerships or valuations.

The Vietnamese currency, the Vietnam dong, is increasing in value, said a research team of the Institute for Financial Strategies and Policies under the Ministry of Finance at a recent conference.

China's central bank cut the amount of cash that banks must hold as reserves on Saturday

Experts have warned that since the brands have been built up in a too simple way, they would not survive for a long time.

Fitch Ratings has affirmed Vietnam's Foreign- and Local-Currency Issuer Default Ratings at 'B+'.

Vietnam gained a year-on-year increase of 99.5 percent to 26.4 million USD in tuna export value to Japan for the first quarter.

The Vietnamese motorbike market has experienced a slump since the end of last year and the situation is predicted to be even worse in the coming months.

A slew of State-owned enterprises have yet to pass their restructuring schemes to the Prime Minister although this is what they must have done in the first quarter.

Vinalines has sought approval of the Ministry of Transport to lower the level of investment for its ship fleet from $4.8 billion to $3.3 billion.

Southern Binh Duong province takes the lead in attracting foreign direct investment (FDI) with US$1.6 billion, or 37.2 percent of the country’s total FDI, over the past four months.

Oil prices dropped as traders worried about disappointing Chinese economic data and debt-wracked Greece.

The eurozone would cope if Greece left the currency union, Germany's finance minister said in an interview as Greek parties continued with efforts to form a government coalition.

The General Department of Customs said that owners of at least 100 enterprises with tax arrears have fled, avoiding paying tax.