Business

The 12th National Assembly Economic Committee proposed a halt to the establishment of new economic groups.

The Ministry of Finance has decided to raise coal export tariffs from the current 15% to 20% beginning September 11.

Unclear guidelines for petroleum trading has prevented traders from cutting prices in June, said a Petrolimex official.

China warned Wednesday that tortured efforts to raise the US limit on borrowing had failed to defuse Washington's "debt bomb".

Domestic gold prices increased by VND700,000 per tael to approx VND41 million per tael on August 3.

There is room for a lot more co-operation among tourist regions in Vietnam despite the efforts by local authorities in recent years.

Google is a latecomer to social networking but its new site, Google+, is growing much more rapidly than Facebook, Myspace and Twitter, experts said.

A meeting to mark the 35th anniversary of Vietnam-Thailand diplomatic ties was held in Ho Chi Minh City on August 2.

Many commercial banks have reported major profits in the first half of 2011, despite businesses facing difficulties.

The US President signed an emergency austerity bill that averted a debt default, but warned the contentious plan was "just the first step".

Vietnam shipped 636,344 tonnes of rice worth over USD305 million in July, with more than half the amount exported to Asian markets, an agency said.

Vietnam’s consumer confidence index fell sharply in the 2nd half this year, according to the results of a new survey.

The central mission of the government in the 2011-2016 term is making a breakthrough in three week points, said PM Nguyen Tan Dung.

PetroVietnam and its Russian partner OAO Zarubeznhetf pumped the first oil from the Visovol oil field in the Nenets autonomous region of Russia.

Crisis legislation to yank the nation past the threat of a historic financial default sped through the House, breaking weeks of deadlock.

Vietnam is in desperate need to restructure its banking system in order to heighten its financial security, an official has urged.

Foreign investors are seeking to develop a casino project on Phu Quoc Island.

The recently-approved Hanoi Master Plan may lead to the cancellation of around 750 infrastructure projects.

Construction of a road that will link Noi Bai international airport with Nhat Tan bridge started August 1.