Obama warns on debt ceiling risk
President Barack Obama warned the United States risked plunging back into recession if a standoff over the US debt ceiling lingers.
Tighter policy proposed for FDI realty projects
The Ministry of Construction has proposed inspection over foreign-invested real estate projects.
Solar panel project kicks off
The Indochinese Energy Company started construction of a solar panel factory in the central coastal province of Quang Nam on May 14.
Sony to resume network services after hacker attacks
Sony said it would start Sunday a "phased restoration" of network services that came under hacker attacks.
Alibaba head rejects Yahoo! protest over pay unit
Alibaba founder Jack Ma said the firm's move to transfer ownership of its online payment unit was "legal and 100 percent transparent".
Two meetings address Vietnam’s socioeconomic issues
The Consultative Group for Vietnam, and Vietnam Business Forum will convene mid-year in Ha Tinh Province and Hanoi.
Credit growth stalls as interest rates soar
Commercial banks saw a credit growth of 5 percent in the first four months of the year, the State Bank of Vietnam announced this week.
TNK-BP shareholders prepare USD5-10 bn BP suit
A shareholder of TNK-BP had filed papers for a suit seeking USD10 billion in damages from BP over its proposed tie-up with Rosneft.
Transfer pricing found at both foreign and local businesses
Both foreign-invested enterprises and local firms in HCM City have been found to have transfer pricing practices to evade taxes.
Toyota Vietnam announces production recovery plan
Toyota Motor Vietnam said that it would gradually recover production from June 6 as spare parts supply will be back to normal then.
Viettel pioneers in testing 4G services
The military-run telecoms group, Viettel, has become the first network operator in Vietnam to provide 4G technology.
Japan's Takeda to buy drugmaker Nycomed for USD12 bn
Japan's top drugmaker Takeda Pharmaceutical has reached a USD12 billion deal to buy Swiss drugmaker Nycomed, a report said.
Toyota boosts US production sooner than expected
Toyota will be able to boost its US production sooner than expected following a devastating Japanese quake and tsunami.
EU wants to import more tra fish
Businesses at the European Seafood Exposition in Belgium have affirmed that they will import more tra fish from Vietnam in summer.
Casino licensing may be getting out of hand
A recent rush to get licenses for number of casino projects around the country may make gambling difficult to control.
New ban likely to increase banks’ gold inventory
Central bank's ban on gold deposits and lending will cause difficulties for banks in Vietnam to deal with gold already in stock.
TEPCO to log USD12 bn loss after crisis: report
Tokyo Electric Power Co. is expected to book losses of over USD12 billion due to the crisis at its tsunami-hit nuclear power plant.
Only one third of SMEs able to get bank loans
Just one third of Vietnamese small and medium-sized enterprises can get loans from banks, a survey says.
US, China laud deal on economic ties
The United States and China inked a broad economic framework Tuesday.
Microsoft mulling Skype buy: Wall Street Journal
US software giant Microsoft is near to clinching a deal to buy Internet telephony pioneer Skype for USD7-8 billion.
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