TEPCO to log USD12 bn loss after crisis: reportTokyo 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 loansJust one third of Vietnamese small and medium-sized enterprises can get loans from banks, a survey says.
US, China laud deal on economic tiesThe United States and China inked a broad economic framework Tuesday.
Microsoft mulling Skype buy: Wall Street JournalUS software giant Microsoft is near to clinching a deal to buy Internet telephony pioneer Skype for USD7-8 billion.
Construction begins on Vietnam’s largest private hospitalVietnamese firms started building a USD95 million private hospital in Hanoi on May 10, the biggest of its kind in the country.
Investment in agriculture to be reducedThe Ministry of Agriculture and Rural Development has decided to adjust the allocation of public investment into the agriculture sector.
No changes in personal income tax law this yearThe National Assembly has turned down a proposal for changes in the personal income tax law this year.
Direct Vietnam-UK air service expected this autumnVietnam Airlines’ long-awaited direct air service to the United Kingdom will hopefully commence this fall.
China favours stronger yuan to fight inflationConfronted with fresh US pressure over its currency policy, China appears more willing to let yuan strengthen at a faster pace to curb inflation.
Vietnam’s travel agencies look to resume tours to JapanRepresentatives of Vietnamese travel agencies will join a trip to Japan to encourage local companies to resume booking tours to the country.
US, China to begin high-level talksThe United States and China began two days of high-level talks Monday on a gamut of political and economic issues.
Trade agreement tightens ASEAN - EU bondAn agreement between ASEAN and six European business organisations aims at tightening bilateral business relations.
Banks to increase ATM cash withdrawal feeThe Vietnam Banking Association will increase the fee they charge for every cash withdrawal at other banks’ ATMs begning early June.
Office rents among world's highestOffice rent rates in Vietnam's biggest cities, HCM City and Hanoi, were among the highest in over 100 markets worldwide.
Local airlines charge more for domestic flightsLow-cost carrier Jetstar Pacific Airlines and Air Mekong have both announced higher prices for their domestic flights.
City eyes private investment in traffic infrastructureThe HCM City Department of Transport has called on the private sector to invest in roads and bridges to ease the terrible traffic congestion.
ADB President: Vietnam can control inflationVietnam can curb inflation this year if the country successfully implements Resolution 11, said the president of the ADB.
Eurozone mulling easier recovery terms for GreeceEurozone members are debating milder recovery terms for debt-hit Greece as it struggles to stick to a harsh austerity plan.
Android smartphones widen lead in US marketSmartphones powered by Google software widened their lead on BlackBerry handsets in the US market during the first three months of the year.
Vietnam expects to earn $5.3 billion from aquatic exports in 2011The export of aquatic products in the first four months of this year hit $1.6 billion, up 29% against the same period last year.