Business

Vietnam Airlines will launch direct air routes from Hanoi and Ho Chi Minh City to the UK capital city of London , from December 8.

The Vietnam Business Forum 2011 opened in Hanoi on December 2, serving as a venue to discuss Vietnam’s business environment.

Vietnam hoped to receive more support from the World Bank in financial aid, policy making and management experiences, said Party General Secretary Nguyen Phu Trong.

The Asian Development Bank will provide a USD80 million loan for a project to improve the country’s roads in northern mountainous areas.

Low-income housing projects in Hanoi continue to remain unattractive due to overly high prices.

Japan's Honda Motor is recalling more than 300,000 cars worldwide because of a defect in the driver's airbag, the company said Friday.

EuroCham has suggested a range of policy recommendations to help improve the Vietnamese investment environment.

France and Germany will push for a new European Union treaty, President Nicolas Sarkozy declared.

Social insurance payments will account for 24% of labourers’ total monthly minimum salary starting next year.

Authorities have agreed to raise the ceiling for one-way fares for the longest domestic route to 5 million VND to offset rising operating costs, according to the Ministry of Transport.

The European Union began a nine-day battle over federal-style changes to save the eurozone, with French President Nicolas Sarkozy saying that Europe needs to be "refounded".

Representatives from the Greater Mekong Sub-region nations met in Hanoi on December 1 to discuss ways to expand green growth.

Vietnam is one of the five countries that receive the biggest Official Development Assistance capital in the world, according to a recent forum in Hanoi.

Vietnam is among 16 markets in the world that receive the biggest amount of overseas remittances, one official has said.

World finance received a gigantic shot in the arm Thursday, markets surging as central banks unleashed a massive money-go-round days from an EU deadline to beat debt blues.

Vietnamese companies are forecast to owe VND6 trillion in social insurance payments to their staff by the end of the year.

Managing director of the HCM City-Trung Luong expressway project La Chi Duc has been fired for poor quality of the road’s construction.

Although the government’s decree on gold trading management has yet to take effect, some gold bullion producers have halted their processing work.

The Construction Ministry's draft decree requires a housing project to reserve 70% of its area for small and medium-sized apartments.