Business

Chiem Hoa hydropower station will soon become operational with its first turbine going into operation later this month, after nearly three years of construction, announced the project’s management board.

The global banking group called on holdout creditors to sign on to the deal, saying it would help Greece restore its financial viability.

Economists pointed out the problems of state-owned enterprises at an ongoing economic forum held in Danang.

Leading US resort developer Las Vegas Sands is optimistic about the prospects for resort-entertainment complexes in Vietnam, an official said.

Transactions made between ATM cardholders of one same bank are set to pay fee, according to the Vietnam Bank Card Association.

Facebook announced a billion-dollar-deal to buy the startup behind wildly popular smartphone photo sharing application Instagram.

With demand for steel and cement still in a steep decline, manufacturers, distributors and dealers of these two commodities are struggling to survive due to huge unsold inventories.

The Government should set up a fund that could take over the bad debts of bankrupted enterprises, an economist said.

Electricity of Vietnam group (EVN) is expecting to bring many power stations nationwide online within April.

The State Bank of Vietnam will lower the ceiling on deposit interest rates from current 13% to 12 % per annum, said an official.

The slump in the property market has in turn led to stagnation in the construction and construction materials industries.

Vietnam Airlines has been told to speed up its restructuring process in order for it to develop into a national group.

Vietnam has the smallest current account surplus in Asia at USD200 million, equal to just 0.1% of GDP, according to a quarterly research by ANZ Bank.

The Government Inspectorate has uncovered serious misconduct worth up to dozens of trillion dong by the Vietnam National Oil and Gas Group.

Google co-founder Larry Page said his first year back at the company's helm has been marked by big bets on social networking and mobile gadgets.

The business licenses of several petrol stations have been suspended and revoked following discover of fraud.

The practice of giving and taking bribes among businesses and civil authority organs has become an alarmingly common phenomenon, a recent survey shows.

PM Dung has issued a decree to stipulate the Government’s monopoly in gold bar production and gold material import-export.

The State Bank has approved in principal to the merger between Habubank and SHB.