Business

The heads of the US Federal Reserve, IMF and OECD stepped up pressure on political leaders to tackle urgent economic problems.

The property market is likely to witness more mergers and acquisitions in the next 12 months if it continues facing capital shortage.

FDI projects in Vietnam have disbursed a total of $7.3 billion in the first eight months of 2011, said the Foreign Investment Department.

Vietnam’s first oil refinery Dung Quat has resumed operation after temporarily halting for maintenance, an official has said.

Vietnam’s agro-forestry-fishery export turnover reached USD16.4 billion in the first eight months of this year, a year-on-year rise of 34.2 percent.

Vietnam is finding ways to lower deposit rates in order to drag lending interest rate down in an effort to stimulate lending.

Apple's new chief executive Tim Cook has been awarded one million shares in the company, a bonus worth more than $383 million at the current stock price.

Hanoi’s price-stabilisation programme meets only 10% of consumer demand, said a local official.

Bank lending interest rates in HCM City have dropped to as low as 17% as banks have begun to cut rates that had reached up to 25%.

The State Bank of Vietnam should complete a system of mechanisms for strengthening banking inspection, said Deputy PM Vu Van Ninh.

Apple's first day without Steve Jobs as CEO looked similar to most other days: its share price beat the broader stock market.

Billionaire Warren Buffett's Berkshire Hathaway will buy $5 billion in preferred shares of the Bank of America, the bank said.

Vietnamese companies should unite to build and develop industry brands on the world market, experts said.

After months of unrelieved gloom and discord, Congress and President Barack Obama are starting to make a dent in the federal budget deficit.

Apple's legendary top ideas man Steve Jobs resigned as CEO in a move long expected after he began a fight with cancer.

Vietnam will allow the adjustment of power prices once per every quarter, instead of the annual changes as current.

Vietnam’s consumer price index in August rose by 0.93 percent against last month, the lowest monthly increase since the beginning of this year.

The General Statistics Office has estimated that the country had a trade deficit of $800 million in August.

Son La Hydropower Plant's third turbine hooked up to the national grid early yesterday morning.