Business

The competitive power market will be introduced on a trial basis from July 1 for a tentative 2-month period before it actually takes real effect.

The second Vietnam Marine-based Economic Forum 2011 will be held in the central coastal city of Nha Trang, Khanh Hoa province on June 8.

The UN Industrial Development Organisation will help Vietnam optimise energy saving in industry.

China exports big volumes of products to Vietnam every year, but it is also a vast consumption market.

Japan's service sector activity shrank by the fastest pace in 22 years in March as the massive earthquake and tsunami hampered trade.

The 2011 Vietnam International Real Estate Connection workshop, set for May 20 in HCM City, will focus on investment into entertainment.

Vietnamese import-export businesses expect their demands for trade sponsors to increase in the next six months.

At least one forecast predicts an inflation rate of over 15% this year, despite recent economic measures.

Borrowers complain that banks have raised the interest rates of consumer loans too sharply, which has made the financial burden heavier on their shoulders.

Vietnamese businesses may face challenges when Vietnam fulfills its WTO commitments to market openness next year.

Vodafone's annual net profit sank 7.8 percent, on a huge impairment charge for its operations in debt-ravaged nations in southern Europe.

Vietnam Airlines will have 7 direct flights between Hanoi and Kuala Lumpur beginning June 16.

Rosneft has pulled out of its strategic alliance with BP and will look for new partners in Arctic oil exploration.

Steel mills can be operational for up to 50 years longer with upgrades, which could be better than building new ones.

Prime Minister Nguyen Tan Dung kicked off construction of two parts of the southern coastal corridor road project.

Eurozone finance ministers named Italy's Mario Draghi on Monday as their chosen successor to head the European Central Bank come October.

Many Vietnamese producers can not buy materials in the domestic market, giving the way to foreign companies.

The storm over the IMF chief's sex assault case threw a giant cloud Monday over a European finance ministers' meeting.

A delegation of electronic businesses from Taiwan is seeking investment opportunities in Vietnam.