Business

Companies are finding it hard collect debts, putting them at risk of defaulting with their own partners.

The Electricity of Vietnam Group has again proposed a power price hike of 10-13%.

The State Bank of Vietnam will continue to closely monitor the monetary market and the banking sector to help deal with liquidity-related problems.

The new quarterly HSBC Trade Connections world trade forecaster predicts Vietnam is amongst the top five international powerhouses.

Multinational companies are tending to move their outsourced facilities from China to other countries, offering opportunities for Vietnam.

China’s Haier Group has acquired businesses operating under the Sanyo Electric brand name in Southeast Asia.

China said it would maintain a stable exchange rate and warned that foreign trade faced a "severe situation" due to the West's economic woes.

The import duty on cars will be cut by 3-5 percent from next year if a proposal drafted by the Ministry of Finance is approved.

Intel Corporation reported record-high earnings as the company shipped more chips than ever despite talk of a gloomy global computer market.

Restructuring investment mechanisms is a key to restructuring the economy, according to a seminar in Hanoi on Oct. 18.

Goldman Sachs, weighed down by problems in its private equity portfolio and the broader global economic woes, reported a loss of $428 million.

Tighter regulations are being considered in order to improve the coffee export industry, one official has said.

The Vietnam National Administration of Tourism and the Vietnam Tourism Association presented the Vietnam Tourism Awards 2010 to excellent firms.

Vinh Phuc Province started building a backbone road with help from the Japan International Cooperation Agency.

Vietnam ’s debt indexes are at safe levels, with public debt managed tightly, domestic and external debts paid and having no bad debt, said the Finance Ministry.

Importing meat to regulate domestic market is posing a threat for local farmers as the price has recently fallen sharply.

Samsung Electronics said it is trying to block the sale of Apple's newest iPhone in Japan and Australia.

Public investment coming under National Assembly supervision was among top issues discussed by the NA Standing Committee.

The Vietnam Young Entrepreneurs’ Association hosted a ceremony in Hanoi to honor 200 leading Vietnamese businesses with the Vietnam Gold Star 2011 awards.