Business

According to Ernst & Young, the inflation rate and GDP growth of the country may come out below the target rates.

Prime Minister Nguyen Tan Dung has signed a decision to ratify an import/export strategy for the period 2011-20 with an orientation towards 2030.

Inflation should be brought down to 5-7% in 2012 to stimulate a healthy business environment, an economist says.

Fred Hochberg, President of the Export-Import Bank of the United States and other high-ranking leaders of the bank will pay a visit to Vietnam from February 5-8.

Gas traders in HCM City have increased retail prices for the third time in a month, taking prices to VND425,000 for a 12-kilo canister.

Jetstar Pacific, the first low cost air service provider in Vietnam, offers the cheapest ticket fares in the world, according to a survey of Spanish e- commerce travel company eDreams.

Vinalines announced a pre-tax profit of VND62 bn in 2011 after it suffered losses of up to VND660 bn in the first half of the year.

China is bracing for renewed calls to ease its rare earths controls after the WTO ruled Beijing's limits on key raw material exports broke trade rules, the China Daily said.

Vietnam will set up offices in several promising markets including the Middle East this year to promote its goods and also attract investment.

Eight years after its launch, social networking giant Facebook is poised to file papers for an initial public offering seeking to raise at least $5 billion.

Enterprises are facing labour shortages after Tet as many workers have yet to return to work following the break.

Though the Vietnamese payment card industry has posted impressive growth over the last 20 years, most local cardholders still use the cards for cash withdrawal, rather than conducting their payments with them.

The State Bank will submit a plan to the Gov't to mobilise gold from individual people who hold an estimated 300-500 tonnes.

Prime Minister Nguyen Tan Dung on January 30 witnessed the inauguration of key projects in the southernmost province of Ca Mau.

EU leaders closed one chapter in the debt crisis with a new treaty supposed to end deficits -- then launched a big final push to resolve Greece's bailout woes.

Following the industry’s first acquisition last year, the domestic telecom sector is expected to witness more mergers and acquisitions this year, insiders said at a seminar last week.

Vietnam has been honored as an exemplary model for agricultural development in developing countries at the current 42nd World Economic Forum in Davos, Switzerland.

The Overseas Labour Management Department has set a target of sending 90,000 workers abroad this year.

The finance minister of Greece rejected a proposal from Germany for the EU to take control over its tax and spend decisions.