$306 million paper plant remains stalled for yearsAlthough groundbreaking for a paper mill was in 2003, the site remains an empty lot.
Foreign banks loan $457 mln to Vietnam AirlinesCitibank, DBS, and HSBC Monday entered a joint financing agreement worth $457 million for Vietnam Airlines to buy eight new airplanes.
Sugar producers suffer from mounting stockpiles, increased smugglingDespite higher output, sugar producers in Vietnam are increasingly concerned over rising inventories and illegal imports.
Central bank keeps focus on tight creditCredit institutions have been asked by the central bank to maintain stricter control over their lending activities to minimise risks.
Customers snub city's traditional marketsMany retail markets in HCM City are facing a sharp decrease in stall occupancy rates, causing financial problems for market managers.
Vietnamese auto industry addicted to importsAn increase in imports has compromised the “Made in Vietnam” strategy for the auto industry.
No time for backward steps MacroLocal economists are warning inflation will continue to spiral unless the government sticks to its guns on tightened fiscal and monetary policies.
Trade boom in shrimp, tra leads to stock shortagesAs the shrimp and tra fish prices rise both locally and globally, farmers and traders in the Mekong Delta are paying more for breeder shrimp and fish.
Vietnam among world’s most expensive places to rent officesDespite an abundant supply, Vietnam is still among the world’s most expensive places to rent offices.
BP recovers $1 bn Gulf spill costs from Japan's MitsuiBP had recovered over $1.0 billion in costs linked to last year's Gulf of Mexico oil spill from a US subsidiary of Japanese Mitsui & Co.
IMF approves 26 billion euro loan to PortugalIMF approved a EUR26-billion three-year loan to Portugal as part of a European Union bailout of the struggling eurozone country.
Lagarde out in front as favorite for IMF postFrench Finance Minister Christine Lagarde emerged Friday as Europe's choice to lead the IMF.
EU promotes intellectual property in agricultureThe EU has begun a joint effort with Vietnamese agencies to protect agricultural diversity in the country.
Power plants vulnerable to hackers: security firmAn US computer security research firm uncovered new ways that hackers could sabotage power plants, oil refineries or manufacturing operations.
State Bank of Vietnam buys $1 billionThe State Bank of Vietnam has purchased USD1 billion from commercial banks since late April.
Hanoi's CPI up 1.76 percent in MayHanoi's Consumer Price Index rose by 1.76 percent in May, a 11.6 percent increase compared to the same period last year.
Mergers and acquisitions a new trend in Vietnamese marketVietnam will see more big M&A cases this year, particularly in the areas of production, finance, banking and consumer goods.
Design contest for young entrepreneursThe British Council has launched a contest to find the best young designers in Vietnam.
Light shed on poor-quality bulbsRecent tests by a Vietnamese agency show low quality light bulbs are flooding the market.
TEPCO to post huge loss, president to resign: reportsTokyo Electric Power is expected to post an annual net loss of up to $18 billion and announce the resignation of its president.