Overseas remittances to Vietnam rise again
The World Bank estimated that Vietnam's overseas remittances will reach nearly USD9 billion in 2011, slightly higher than the figure last year.
Las Vegas Sands mulls over tourism complex in HCM City
Las Vegas Sands plans to build a tourism complex in Ho Chi Minh City at a cost of more than USD2 billion.
EU scrambles to fix grand euro bargain
European Union leaders scramble Thursday to find a last-minute deal to save the euro at a crucial summit for a debt-laden currency union threatened with break-up.
Vietnam Airlines to increase domestic airfare prices
National flag carrier Vietnam Airlines said it will raise airfare for its domestic routes starting on December 15.
Christmas decorations on the rise
The market for Christmas decorations in HCM City this year has seen a whopping rise of 15% to 20% compared to last year.
Private airlines find it impossible to compete
The dissolution of two private airlines revealed the difficulties for smaller companies in competing in the country's civil aviation industry.
Credit warning gives EU summit last chance on debt
EU leaders were under intense pressure Wednesday to convince markets they can come up with a rapid rescue plan for the eurozone.
Donors pledge 7.38 billion USD to Vietnam
International donors have pledged 7.38 billion USD in official development assistance to Vietnam in 2012.
Ministry vows to tackle petrol fraud
Minister of Industry and Trade Vu Huy Hoang has decided to take on stricter measures to tackle fraud at petrol stations.
Gas shortfall may cost EVN trillions to turn on oil-fuelled electricity generation
The EVN Group may have to spend as much as USD856.7 million on oil-fuelled power generation next year.
Vietnam’s per capita income forecast to reach USD1,300
Vietnam is forecast to achieve a per capita income of VND27 million (USD1,300) this year, according to the Ministry of Industry and Trade.
Transport Ministry revokes private cargo airline license
The Ministry of Transport has decided to withdraw the business license of Trai Thien Air Cargo due to its failure to ensure operations.
Three Vietnamese banks set for dramatic merger
Three Vietnamese banks facing a liquidity crunch have decided to merge to form a larger bank, said State Bank Governor Nguyen Van Binh.
Stiff competition to hit rice exports next year
Next year will be a tough time for Vietnam's rice exports with stiff competition from cheap rice sources, the Vietnam Food Association said.
Tax incentives proposed to stimulate building low-income housing
Financial investors has proposed that the Government apply preferential policies for low-income housing projects.
Government agrees to transfer failing telecom to Viettel
The Government has decided to transfer failing EVN Telecom to the military-run Viettel telecom group from Jan. 1, 2012.
Disbursement of FDI slows down
Only 35.6% of registered foreign direct investment has been disbursed in Vietnam, according to speakers at a seminar held in Da Nang.
Merger proposed for airport management corporations
The Civil Aviation Administration of Vietnam said it would submit a plan to merge three airports corporations to the Prime Minister.
Sarkozy, Merkel kick off week of crisis talks in Paris
The French President and German Chancellor meet under pressure to align their positions on centralizing control of euro zone budgets.
Jetstar Pacific and Vietnam Airlines likely to merge
The budget airlines Jetstar Pacific may be merged with Vietnam Airlines soon, said an official from the Civil Aviation Administration.
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