Agricultural sector aims to boost added valueThe agricultural sector plans to raise the added value of its products by at least 20 percent in the next decade.
EU-IMF to conclude Greece audit this week: finance ministerA audit of Greek finances to access a badly-needed slice of EU-IMF funds will conclude this week, the Greek finance minister said.
Japan's jobless rate rises to 4.7% in April: govermentJapan's unemployment rate rose to 4.7 percent in April, up 0.1 percentage points from a month earlier, the government said.
Beer consumption in Vietnam on the riseVietnam consumes billions of litres of beer each year and the figure is increasing.
Lagarde launches Brazil charm offensive for top IMF postFrance's Christine Lagarde sought to rally support for her bid to lead the International Monetary Fund, promising on a visit to Brazil.
Banks may miss restrictive credit targetsMany commercial banks say that all their efforts to reduce lending to non-manufacturing sectors are unlikely to meet the schedule.
Licensed markets slow downIn HCM City, unlicensed street markets thrive, while licensed sellers see a continuing drop in customers.
Vietnam’s Visa market grows most: expertLorijon Bacchi, director of the Indochina region of the payment card network Visa, said Vietnam has had the strongest growth of all Visa markets.
The gold deposit ban woesBanks are forced to hammer out a way out for their gold deposit assets after commercial banks’ ban on gold lending.
Two-thirds of golf course projects involve in realty businessTwo-thirds of Vietnam’s 90 golf course projects are also involved in real estate and tourism resorts, according to a new report.
State Bank denies rumour of new interest rate capThe Governor of the State Bank of Vietnam, Nguyen Van Giau, denied rumour on adjusting interest rates or putting caps on lending rates.
Power shortage hinders investment into VietnamPower shortages have become one of the biggest barriers for investors doing business in Vietnam, experts said.
Citibank finances power transmission in VietnamCitibank Vietnam has signed a contract to provide USD200 million in funding for the development of Vietnam’s power transmission network.
Trade deficit continues to riseThe trade deficit increased to USD6.6 billion in the first five months this year compared to USD5.4 billion in the same period of last year.
New penalties on unused homes under considerationThe Ministry of Finance is querying other agencies about the possibility of imposing new taxes on vacant homes.
Vietnam's inflation likely to touch 20pct: HSBCVietnam's inflation may touch 20 percent in coming months, according to a recent HSBC report.
Jan-May FDI disbursement draws over USD4.5 billionForeign direct investment disbursements in Vietnam are forecast to reach $4.52 billion in the first five months of this year, according to the Ministry of Planning and Investment.
Country faces steel glut as new plants go onlineVietnam faces a gigantic building steel surplus when five new high-capacity plants become operational late this year.
World leaders in France to grapple with global crisesLeaders of the world's richest nations begin a summit in France dominated by the Arab Spring, the economy, and Japan's nuclear disaster.
Japan helps Vietnam manage expresswaysJICA has signed an agreement to provide technical assistance for Vietnam to operate and maintain expressway.