Business

The State Bank of Vietnam allowed more bullion imports if necessary to stabilise the overheated domestic gold market and to keep prices stable.

Despite reducing power purchases from local producers, EVN continued to buy electricity from external sources.

The Government has approved an early increase of up to VND 2 million per month in the minimum wage from October 1.

Vietnam’s export turnover to Africa reached US$2.6 billion in the first seven months of this year, up 172 percent from the same period last year.

Vietnam's increasing reliance on imports of goods and materials from foreign countries, especially China, is a risky move, according to experts.

Gold prices in Vietnam headed to VND49 million a tael as global price approached USD1,900 an ounce on concerns over the US economy.

The Malaysian firm Fairy Park Group has started operating a cemetery in the southern province of Tay Ninh.

The Government's central task by the year-end is to continue implementing Resolution 11 on curbing inflation, stabilising the macro economy.

The High Quality Vietnamese Goods Fair closed on August 21 with a total estimated revenue of nearly VND27 billion earned from enterprises.

The Prime Minister has approved a relief fund for low-income families to buy homes.

The 'Black Death' of debt crisis across the Euro zone will hurt China by sapping demand for exports, the nation's top official newspaper said on Monday.

Skype, the Internet communications group set to be acquired by Microsoft, announced plans to buy the mobile messaging startup firm GroupMe for undisclosed terms.

The Vietnam National Oil and Gas Group has signed a cooperation agreement with the state-owned oil and gas company of Bolivia to study gas potential in the country.

Vietnam supported other ASEAN countries in implementing cooperative initiatives within the framework of expanded Tonkin Gulf economic cooperation.

The Ministry of Labour, Invalid and Social Affairs took into account corporate financial competence while drafting the early pay raise proposal, an official said.

Apple plans to begin trial production of a next generation iPad in October with an eye to an early 2012 launch, The Wall Street Journal reported.

A slowdown in the real estate market is threatening Vietnamese financial markets.

Bank of America will cut 3,500 jobs this quarter, the Wall Street Journal reported Friday.

Hewlett-Packard, the world's top personal computer maker, announced Thursday it is considering spinning off its PC unit in a historic shift away from the consumer market.