Business

Indochina Airlines seeks delay on revocation of license

Indochina Airlines has asked the prime minister to approve an extension on the decision to revoke its license.

Vietnam’s first commodity exchange makes debut

Vietnam Commodity Trading Joint-Stock Co. inaugurated the country’s first commodity exchange in Ho Chi Minh City on Tuesday

Savills cautiously upbeat on Vietnam’s realty market

Vietnam’s real estate market gives investors signs for confidence in the coming year, says country director of Savills Vietnam.

MOF considers tax reform in light of inflation

The Minsitry of Finance will seek approval to revise income tax laws to adjust for heavy spikes in inflation.

EU urges reforms with new governance drive

The European Commission pressed governments to slice deficits and step up tough structural reforms when it kicked off a new era of tighter EU-wide economic governance.

Banks raise dollar rates as Vietnam dong still under cap

Several banks have raised interest rates for dollar deposits in a bid to consolidate their shares on the mobilization market.

EVN says higher power prices inevitable

Limited supply and increased demand may force Electricity of Vietnam to increase electricity rates.

VN eyes long-term farm, oil deals with Oman

Vietnam will provide Oman with a stable amount of farm products and foods in the long term as agreed at the first meeting of the two countries’ first joint cooperation committee.

Vietnam – EU to kick off FTA negotiations

Vietnam can look forward to free trade with the European Union (EU) as the two sides would officially kick off negotiations at the top level in 2011.

Help comes early for to troubled Vinashin and its victims

PM has pushed forward providing troubled Vinashin with interest-free loans to pay its employees from January 10.

Reprieve from new invoice laws for small businesses

About 30% businesses will be given an extra year to comply with new regulations for printing their own invoices.

Japan to buy European bonds to support eurozone

Japan said it was ready to buy bonds to be issued by the European Financial Stability Facility to help finance Ireland's bailout and support the debt-hit eurozone, report said.

Trade deals and pandas after Britain-China talks

Britain and China signed trade deals worth 2.6 billion pounds Monday and announced Beijing will loan a pair of giant pandas to Edinburgh Zoo for 10 years.

State Bank: “No reserve ratio raise”

The State Bank of Vietnam has announced that for now, it has no plans to raise the cash reserve ratio.

NA Standing Committee analyses ineffective gov't bonds

Several economists have raised concerns that projects using government bonds are not being carried out effectively.

Tablets, smart gadgets rule at Consumer Electronics Show

Slick touchscreen tablet computers and smarter devices for the home and the car took center stage as the Consumer Electronics Show wrapped up on Sunday.

Vietnam to invest more on hi-tech development

VN will center on developing 4 hi-tech industries, namely information and communication technology, biotechnology, automatic technology and new material technology.