Business

The State Capital Investment Corp is looking to divest 281 enterprises and to sell the entire State stake in 170 local enterprises.

Deposit interest rates in both Vietnamese and foreign currencies are expected to be cut this month, according to the Vietnam Association of Finance Investors.

Vietnam will soon be one of the world’s fastest-growing air travel destinations.

China's central bank on Tuesday raised interest rates for the 3rd time in four months, as authorities ramp up efforts to tame inflation.

Google software that turns iPhones into interpreters has become available at Apple's online App Store.

The Ministry of Industry and Trade will further develop the flower industry's market share in Asia as part of its expansion plan for 2011.

Electronic flaws were not to blame for unintended acceleration in Toyota vehicles, a US government probe found.

The overall plan on emigration, compensation and resettlement for Lai Chau hydroelectric plant has been recently approved by the prime minister.

In HCM City this year more restaurants have stayed open during the holiday; their reward for working through Tet is a lot of money.

Troubled shipbuilding giant Vinashin said Thursday it expected a 205% increase in profit this year or a turnover of VND21 trillion (USD 1 billion).

Apparel enterprises have proved to be the best in capitalising on the country’s WTO membership to increase export earnings.

The programme to stabilise prices of some staple goods in 2001 will be extended, said the HCM City Department of Industry and Trade.

The Free Trade Agreement is a double-edged sword as it brings both opportunities and challenges to Vietnamese exports, said economic experts.

US job creation slowed to a crawl in January as winter storms gripped broad swaths of the country, according to official data published Friday.

Deputy Minister of Planning and Investment Cao Viet Sinh emphasizes that curbing the inflation will be the top priority in 2011.

Japan will help private companies bid for contracts, worth roughly JPY50 billion to build an expressway and sewage treatment plant in Vietnam.

World food prices reached their highest level ever in January, the UN food agency said.

Despite a lot of difficulties, the demand for human resources was still very high in 2010 and is expected to keep increasing in 2011.

Over the past decade, the trade deficit along with high inflation has been named as the most alarming threat to Vietnam’s macroeconomy.