Business

US online retail giant Amazon launched a touchscreen tablet computer, the Kindle Fire, that costs $199, less than half the price of the cheapest iPad from market-leader Apple.

The NA has proposed abolishing the petroleum price stabilisation fund due to the lack of transparency in its operations.

European Commission president Jose Manuel Barroso called for a financial transactions tax and the creation of eurobonds to fix an economic crisis.

Vietnam's foreign direct investment disbursement in Jan-Sept this year maintained an on-year mild growth rate while new attractions slumped.

The Ministry of Construction has submitted a VND1,098 trillion draft on urban development to the Government.

Germany and Greece held new crisis talks Tuesday as European governments ratcheted up steps to head off a default by Athens which could be calamitous for the eurozone.

Though the Government decided to lower the targeted economic growth rate for the next five years to 6.5%, economists believe it remains high.

Eight pharmaceutical firms lodged a petition against an official who allegedly favoured a drug firm’s import of a controversial drug.

Air Mekong will run a direct air route between Vinh, Buon Me Thuot and HCM City three times a week beginning October 1, the airline announced.

Vietnam's investment to savings ratio is among the main causes for the country's inflation, said a Government official.

Vietnam Airlines is considering entering Asia's booming low-cost aviation sector with a new offshoot, its chief says.

Salt farmers in the Mekong Delta province of Bac Lieu are in a quandary over continually decreasing price of salt.

American computer giant Apple claimed that Samsung Electronics' latest tablet computer infringes on patents relating to touch screen technology.

Greek finance minister has pledged to try to haul the nation out of crisis, but EU is wary of a devastating default for the region's bailout fund.

Vietnam's consumer price index in September rose by 0.82 percent against last month.

The IMF may be hoping to increase its financial resources to at least $1.3 trillion, according to a newspaper report.

Vietnam's trade deficit in the first nine months of the year reaches $6.84 billion, the General Statistics Office has reported.

At a recent economic conference, many experts questioned the wisdom of building so many industrial parks.

Europe's finance chiefs defended their approach in addressing the debt crisis as pressure built from markets and other regions to take action to prevent it from snowballing.