Business

The eurozone needs a rescue fund of about two trillion euros -- almost five times its current size -- to overcome its crisis, Gordon Brown said.

Many Vietnamese companies facing spiralling debts or in the midst of power disputes are filing for bankruptcy.

Though the real estate market remains gloomy with very few successful transactions, high grade apartments still have been sold well in HCM City.

An official from the Oriental Commercial Joint Stock Bank was suspended for taking a large bribe for a loan approval.

Vietnam and Thailand should create a mechanism for promoting rice exports and bringing about prosperity for both countries.

Diesel and kerosene prices started decreasing at 11am today while that of petrol and oil remained unchanged, said the Ministry of Finance.

Optimism in Vietnam continued declining in the third quarter, according to a global survey by auditing and consulting firm Grant Thornton.

Leaders of five big banks in Vietnam have decided to sell off gold in hopes of boosting the supply and reducing speculation.

Travel firms in the Mekong province of An Giang are offering tours for visitors to experience the flood season between late July and mid-October.

Vietnam's central bank said on Thursday it would raise the refinance rate, one of its policy rates, by 100 basis points to 15 percent on October 10.

PM Nguyen Tan Dung requested Cuba to step up cooperation and investment in Vietnam while receiving Cuban Minister of Foreign Trade and Investment in Hanoi.

It is now the high inbound tourism season, but travel firms seem to be not too optimistic about the number of travellers.

Many Vietnamese shipping firms have been forced to sell their ships in order to cover mounting losses.

Facing a tough reelection fight, President Obama warned Europe's crisis could severely impact US recovery if Republicans balk at passing his $447 billion job creation plan.

Japan's Sony is nearing a deal to buy out Swedish telecom firm Ericsson's stake in their mobile phone joint venture, according to the Wall Street Journal.

SBV allowed five banks and Saigon Jewelry Co to reopen offshore gold trading accounts to help narrow the gap between domestic and international prices.

Vietnam will aim to keep the exchange rate stable until the end of the year, allowing it to move within a 1 percent band, the central bank said.

Transport Minister has culled the head of an airport terminal project’s management board due to the slow pace of construction.

The State Bank of Vietnam has requested that commercial banks slash lending interest rates for the production sector to from 17%-19% per year.