Business

There’s no worry about the lack of meat during and after the Tet holiday, said an official from theMinistry of Agriculture and Rural Development.

EVN loses over VND3 trillion from selling low-cost electricity to the steel and cement industries per year, a report showed.

PetroVietnam's decision to withdraw from a huge skyscraper project in Vietnam has raised concerns from investors and experts.

The PM allowed national flag carrier Vietnam Airlines to take over the entire state-owned capital of budget airline Jetstar Pacific.

China's trade surplus shrank in 2011 to $155.14 billion as export growth slowed sharply, reflecting the economic turmoil in Europe and the US.

The Ministry of Industry and Trade will further restrict the import of luxury goods this year in a move to keep the trade deficit at roughly $13 billion.

Two more hydropower plants with a combined capacity of 318MW have been put into operation.

Low-income housing projects have just met only 1% of the set target, admitted the Ministry of Construction in a recent report.

Banks have refused to exchange small change for "lucky Tet money", forcing many people to pay exorbitant rates on the black market.

The United States Patent and Trademark Office granted the patent to “Binh Thuan Dragon Fruit”, said President of the Binh Thuan province Dragon Fruit Association, Bui Dang Hung.

The investor of Thach Khe iron ore mine has decided to double investment in the project to ensure it is completed on schedule.

Europe faces an "unprecedented" crisis and must rediscover growth, French President Nicolas Sarkozy warned.

An average-income earner has to save money for over 50 years to be financially capable of buying an average-class apartment, showed a study by CB Richard Ellis.

A new headquarters of the Hanoi Stock Exchange was inaugurated in Hanoi on January 15 in the presence of National Assembly Chairman Nguyen Sinh Hung.

The results of petroleum sample test will be announced before the Tet holiday, said an official.

The eurozone economy plunged back into crisis as France and Austria were stripped of their top triple-A credit ratings and Standard and Poor's downgraded a swathe of debt-laden EU members.

Petroleum firms have been requested to import a minimum of 10.1 million cubic metres of petroleum products this year.

China's forex reserves, the biggest in the world, fell to $3.18 trillion in the last quarter of 2011, the central bank said, the first quarterly fall since 1998 during the Asian financial crisis.

Four Vietnam National Petroleum Group staff have admitted to stealing petrol and adulterating remaining tanker supplies.