Business

Credit growth at domestic banks remains sluggish despite their cuts in lending rates to 17-19 percent, analysts have said.

The Japan International Manpower Development Organization has decided to only recruit female workers from Vietnam, the Board for Management of Vietnamese Workers in Japan has said.

Thai President Foods Plc is interested in setting up an instant noodle factory worth one billion baht in Vietnam.

The Government proposed a monopoly over tobacco production and import to control the supply and reduce tobacco use.

Global stocks closed their worst quarter in nearly three years on nagging concerns about the world economy.

Inflation soared unexpectedly across the debt-laden eurozone in September, the EU said on Friday.

Businesses are struggling with rising inventory on the back of a bleak economy.

Japan's finance minister said that Japan will secure an additional 15 trillion yen in funds it can use to intervene in currency markets.

Many localities in Vietnam have been racing to build industrial parks, ignoring land use and environmental issues.

The State Bank has continued dealing with abuses by banks trying to apply deposit interest rates higher than the permitted level.

The world's largest mobile phone maker Nokia said it planned to cut 3,500 jobs in Romania, Germany and the United States by the end of 2012.

In Vietnam's urban areas there are many large, empty luxury homes, while low-income earners are in need of accommodation.

US online retail giant Amazon launched a touchscreen tablet computer, the Kindle Fire, that costs $199, less than half the price of the cheapest iPad from market-leader Apple.

The NA has proposed abolishing the petroleum price stabilisation fund due to the lack of transparency in its operations.

European Commission president Jose Manuel Barroso called for a financial transactions tax and the creation of eurobonds to fix an economic crisis.

Vietnam's foreign direct investment disbursement in Jan-Sept this year maintained an on-year mild growth rate while new attractions slumped.

The Ministry of Construction has submitted a VND1,098 trillion draft on urban development to the Government.

Germany and Greece held new crisis talks Tuesday as European governments ratcheted up steps to head off a default by Athens which could be calamitous for the eurozone.

Though the Government decided to lower the targeted economic growth rate for the next five years to 6.5%, economists believe it remains high.