Business

Spain and Italy welcomed Franco-German proposals for a more integrated euro zone and hoped that the plans would usher in region-wide bonds.

Vietnam carefully considers the challenges involved in pursuing its strategy of nuclear power development, said an official.

More than 670 businesses in HCM City have signed up for the “Promotion Month 2011,” the Department of Industry and Trade announced yesterday.

The new tax rates on second-hand cars imported into Vietnam have taken effect on all the country’s border crossings begining from August 15.

The second Vietnam Rice Festival will take place in Soc Trang Province on November 8-11 this year to glorify the commodity, the organisers announced.

Vietnam's sovereign debt rose to $32.5 billion in 2010, an increase of 16.7 percent from the end of 2009, the Ministry of Finance reports.

Minister of Transport Dinh La Thang has called on agencies under the ministry to prepare feasible policies and measures to mobilize investments for to Long Thanh International Airport.

Google announced it is buying US smartphone and tablet computer maker Motorola Mobility for $12.5 billion.

This year’s rice output is likely to reach 41.017 million tonnes, a year-on-year rise of 2.6 percent, said a senior agricultural official.

Doubts are hanging over Guang Lian Steel Company’s $4.5 billion steel manufacturing project.

Real estate companies in Vietnam are trying to seek ways to minimise their risks in the context of the ‘frozen’ property market.

Two-way trade turnover between Vietnam and the US in the first half of this year reached US$10 billion, said the US International Trade Commission.

ASEAN economic integration is always an important part of Vietnam’s foreign economic policy, Vietnam affirmed its stance at the 43rd ASEAN Economic Ministers Meeting.

Bangladesh will import 120,000 tonnes of fuel oil from Vietnam’s Petrolimex, a senior Bangladesh Petroleum Corp official said.

The city's real estate market will be positively affected by the new Hanoi Master Plan approved by the Prime Minister in July, experts said.

Two Japanese partners have agreed to provide credit worth USD95 million for investment into the Vung Ang No. 1 thermo electric power plant.

Canada and Honduras have signed a free trade agreement as Canadian Prime Minister Stephen Harper concluded his tour of Latin America.

Although affirming the stable ratings on Vietnam’s debt payment ability, the international credit rating agency Fitch warned that it would downgrade the country if current uncertainties continue.

The Canadian smart phone manufacturer Research in Motion (RIM) entered the Vietnam phone market last month, following cooperative agreements with the country’s largest network operators.