US urges Asia to help save global economy
The US urged Asia to do more to stimulate global growth to offset the eurozone crisis, ahead of a summit in Hawaii where Washington is seeking to shape the rules for the Pacific region.
Vietnam Airlines investigate potential pilot flying hour fraud
The Civil Aviation Authority of Vietnam is investigating a Vietnam Airlines’ pilot that allegedly falsified his flight hours, an official said.
National Assembly approves VND59 trillion for salary increase in 2012
The Vietnamese National Assembly has approved VND59.3 trillion for salary increases in 2012.
Asian markets slump amid global fears for Italy
Asian stock markets slumped amid a surge in Italy's borrowing costs fuelling global anxiety about the future of the euro.
National Assembly expects to curb inflation next year
Over 90% of NA deputies voted for the country’s socioeconomic development plan for 2012 that targets an inflation rate of less than 10%.
Ministry poised to increase coal prices when time is ripe
The Ministry of Industry and Trade is looking for the most suitable time for a coal price increase after Vinacomin proposed a hike for next year.
Japan police move on Olympus as investors demand clean-out
Japanese police launched an investigation into the financial scandal engulfing Olympus Corp as a major investor joined increasing calls for a wholesale clean-out of the board.
Asian countries cut rates amid global economic woe
Asian central banks have started slashing interest rates amid the prospect of a eurozone on the brink of catastrophe.
Local car sector in slow lane
It is hard for local car industry to attract more foreign investment even when Asia’s major car manufacturing base Thailand is hit by floods.
IMF chief warns world economy risks 'downward spiral'
International Monetary Fund chief Christine Lagarde warned the world was at risk of plunging into "uncertainty and financial instability".
Vietnam moves toward competitive power market
Deputy Prime Minister Hoang Trung Hai has called for plans for the a competitive electricity market.
World Bank critiques Vietnamese real estate market
Land prices in Hanoi and HCM City are equivalent to 80 years of rental costs, the World Bank has said.
APEC saves $60 billion as transaction costs ease: study
Import and export costs in the Asia-Pacific region fell five percent between 2006 and 2010, resulting in savings of nearly $60 billion.
Tax collection increases despite economic difficulties
A National Assembly official has explained how tax collection increases in the time which is considered the most difficult period for businesses.
Japan supports agro-fishery food safety in Vietnam
Japan will help Vietnam to enhance its national system of agro-fishery production and safety inspection techniques.
Provinces to set aside stock for Tet
Cities and provinces nationwide are set to reserve a significant volume of essential goods and foodstuff to serve consumers during the upcoming Tet Holiday.
Local firms to run into bigger bond barrier
New rules will make it tougher for underperforming enterprises to raise capital on the bond market.
Apartment discount suspected as trick to attract customers
Many people suspect that PVL's recent discount on apartments is a trick to attract customers, not to repay bank loans.
Crisis in the Vietnamese labour force
A new survey showed that only 3% of businesses cooperated on training programmes with Vietnamese universities.
Final push for new Greek government to save euro
Greek political chiefs were scrambling to form a unity government, name a new PM and call early elections as they struggled to escape a debt crisis under intense international pressure.
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