Business

Apple's new chief executive Tim Cook has been awarded one million shares in the company, a bonus worth more than $383 million at the current stock price.

Hanoi’s price-stabilisation programme meets only 10% of consumer demand, said a local official.

Bank lending interest rates in HCM City have dropped to as low as 17% as banks have begun to cut rates that had reached up to 25%.

The State Bank of Vietnam should complete a system of mechanisms for strengthening banking inspection, said Deputy PM Vu Van Ninh.

Apple's first day without Steve Jobs as CEO looked similar to most other days: its share price beat the broader stock market.

Billionaire Warren Buffett's Berkshire Hathaway will buy $5 billion in preferred shares of the Bank of America, the bank said.

Vietnamese companies should unite to build and develop industry brands on the world market, experts said.

After months of unrelieved gloom and discord, Congress and President Barack Obama are starting to make a dent in the federal budget deficit.

Apple's legendary top ideas man Steve Jobs resigned as CEO in a move long expected after he began a fight with cancer.

Vietnam will allow the adjustment of power prices once per every quarter, instead of the annual changes as current.

Vietnam’s consumer price index in August rose by 0.93 percent against last month, the lowest monthly increase since the beginning of this year.

The General Statistics Office has estimated that the country had a trade deficit of $800 million in August.

Son La Hydropower Plant's third turbine hooked up to the national grid early yesterday morning.

Major ratings agency Moody's Investors Service downgraded Japan's sovereign debt rating by one notch Wednesday.

The State Bank of Vietnam allowed more bullion imports if necessary to stabilise the overheated domestic gold market and to keep prices stable.

Despite reducing power purchases from local producers, EVN continued to buy electricity from external sources.

The Government has approved an early increase of up to VND 2 million per month in the minimum wage from October 1.

Vietnam’s export turnover to Africa reached US$2.6 billion in the first seven months of this year, up 172 percent from the same period last year.

Vietnam's increasing reliance on imports of goods and materials from foreign countries, especially China, is a risky move, according to experts.