Business

US President Barack Obama will propose the injection of $300 billion into the sputtering US economy to create jobs, US media are reporting.

The European Central Bank will this week call a halt to its recent cycle of rising interest rates, analysts predicted.

After a meeting with the State Bank of Vietnam, several commercial banks have agreed to reduce their lending interest rates.

International experts and donors praised the Vietnamese Government’s efforts to cope with crisis, inflation and recession at the Consultation Meeting with Development Partners.

Creditors are putting pressure on Electricity of Vietnam Group to repay debts, amounting to nearly VND10 trillion.

Yahoo! announced that Carol Bartz has been removed as chief executive of the struggling Internet company.

The Prime Minister has approved a national pilot one-stop customs mechanism for cross-border trade.

WB chief Robert Zoellick said that the United States will not sink into another recession, amid widespread worries over the state of the world's biggest economy.

Gold fever may strike many countries, but maybe only the market gold in Vietnam experiences such dramatic changes.

The Government has pledged to continue implementation of Resolution 11 into next year with the main goals of curbing inflation.

Rising industrial park foreign investment is turning the page on a positive chapter in Vietnam’s sometimes hard luck investment story.

Japan's Honda Motor is recalling 936,000 cars worldwide, mostly its popular Fit subcompact, the company said Monday.

The Ministry of Construction requested that the Hanoi People’s Committee make some changes in its low-income housing policy.

The head of the European Commission Jose Manuel Barroso on Monday said he did not anticipate Europe sliding into recession, instead seeing modest growth.

Many localities nationwide have shown hesitation as far as reducing or suspending projects using state budget funds.

Social networks have become a favorite channel for businesses to do marketing and introduce their products for the last year.

Vietnam’s export turnover from footwear products in the first eight months of 2011 is estimated at US$4.18 billion, a year-on-year increase of 29.2 percent.

PM Nguyen Tan Dung has outlined the key task for the remaining months of the year – to continue with a tightened monetary policy while allowing credit for production.

The sources of China's stunning economic growth over the past 30 years are beginning to lose their punch, highlighting the need for reforms, World Bank President Robert Zoellick said.