Nokia says to cut 4,000 jobs, outsource 3,000Nokia said it would cut 4,000 jobs worldwide by the end of 2012 and transfer a further 3,000 employees to consulting firm Accenture.
Vietnam needs to cooperate for sustainable tra fish farmingVietnam has signed an agreement with Worldwide Fund for Nature to make Vietnamese tra fish into a farming product of sustainable development.
USD1 billion in budget surplus to go to Hanoi and HCM CityThe National Assemby has approved a proposal to allocate $1 billion in state budget to support projects in HCMC and Hanoi.
Sony challenges iPad in tablet warJapanese electronics and entertainment giant Sony unveiled its first tablet computers in a direct but belated challenge to Apple's iPad.
Vietnam’s biggest paper plant may be scrappedThe project that would have been Vietnam’s largest paper plant is at high risk of being abandoned because of slow progress.
Banks post positive Q1 business resultsMany domestic banks have reported positive business results in the first quarter and said they were confident of hitting their annual targets.
Obama hits oil giants over pump pricesUS President Barack Obama called on Congress Tuesday to cut USD4 billion in subsidies to profit-churning oil firms.
FDI falls almost 50 percent in four monthsVietnam's foreign direct investment plummeted during the first four months of the year with only USD4 billion earmarked by investors from abroad.
400 reporters to cover 44th ADB Annual MeetingAlmost 400 Vietnamese and foreign reporters may cover the 44th Annual Meeting of the Board of Governors of the Asian Development Bank.
Vietnam attracts foreign investments worth over USD4 billionAround 263 foreign-invested projects with a total capitalisation of around USD3.1 billion had been licensed by April 22.
Firms must grease palms to do business in VietnamMany companies, both foreign and domestic, admit to having had to pay “unofficial fees” to do business in Vietnam.
France’s Bouchet: SBV on the right trackProfessor Michel Henry Bouchet, a French expert in international banking, has lauded the latest moves taken by the State Bank of Vietnam.
Vietnam to cut coffee area but keep output stable by 2020Vietnam, the world’s second-largest coffee producer after Brazil, planned to cut its total coffee acreage by 13.5 per cent to 480,000 hectares.
Chilean scallop farms devastated by tsunamiChilean shellfish farmers are facing an uncertain future after a giant wave traveled the seas and washed away their scallop beds.
Manufacturing sector leads in disbursed capitalForeign-direct investment in the manufacturing and processing sector has disbursed 67.16 percent of its capital, according to a recent survey.
Investors wary of red tape tangleForeign investors in Ho Chi Minh City are growing increasingly frustrated by what they see as an overabundance of red tape in the metropolis.
Inflation reaches three-year high in AprilVietnam’s April consumer price index increased by 3.32% since March, the biggest increase in three years.
Oil majors look to Barents Sea for the futureThe oil and gas majors are looking to the promise of the Barents Sea, attracted by Norway's political stability.
Ministry urged to revamp road contractsInvestors are urging the Ministry of Transport to create a legal framework for build-operate-transfer schemes to develop infrastructure.
Asia airlines to boom: aviation bodyAirlines in the Asia-Pacific region will grow strongly in the next few years, the head of the International Air Transport Association said.