Petrolimex defends itself from profiteering claims
After the negative reaction to its healthy financial report, Petrolimex has gone on the record to defend its profits.
Vietnam needs USD34 billion to keep traffic flowing
Vietnam would need up to USD34.6 billion to restore and develop road safety corridors from 2011-20, according to estimates from the Directorate for Roads.
Bumpy road to energy privatisation
Immediate privatisation of the electricity industry may put a burden on incompetent private power plants, one official said.
FDI rises again in July, reaching USD1 billion
Foreign direct investment rebounded in July, reaching USD1 billion for the month, said the Ministry of Planning and Investment.
New railway to connect Cambodia and Vietnam
A new railway section connecting Cambodia with Vietnam will be built at an estimated cost of USD686 million, transport officials said.
Vietnamese bank CEO can earn up to VND20 billion a year
Bank chief executive officers are believed to be the people who have the highest salaries in Vietnam.
Vietnam plans $103.6b human resource development plan
Vietnam will spend VND2,135 trillion (USD103.6 billion) on a human resource development plan from now to 2020.
Vietnamese enterprises seek foreign opportunities
Vietnamese companies have to date registered over USD10 billion in investments into nearly 600 projects abroad.
July’s trade deficit at USD200 million
Gold exports have helped Vietnam keep trade deficit in July at USD200 million, up just USD40 million in comparison with last month.
Inflation rises by 14.61%
CPI increased 14.61 percent during the first seven months of this year, according to figures released by the General Statistics Office.
Honda to recall 200,000 cars globally
Japan's Honda Motor said Monday it would recall about 200,000 passenger cars globally due to defective engine parts.
Petroleum fund comes under scrutiny
The State Audit of Vietnam is looking into the use of the petroleum price stabilisation fund from July 22 to the end of August.
Tension mounts as US seeks to avert default
The White House and top lawmakers have struggled for a deal to save the world's richest country from a disastrous default on its debt.
Economic meltdown hits interior makers in central province
An economic turmoil has force many furniture makers in the central province of Binh Dinh to reduce operation or shut down this year.
Vietnam seeks more investment from Japan
Vietnam wants Japanese businesses to increase their investment in the country through the form of public-private partnership.
USD7.4 billion beltways to be built around HCM City
The Ministry of Transport has submitted to the Government a project to build two beltways to link HCM City with four neighbuoring provinces.
Real estate firms quarrel over name rights
Two realty companies in HCM City are involved in a lawsuit over copyright and trademark infringement.
Microsoft profit soars on record revenue
Microsoft said its annual profit soared on record revenue thanks in part to hot demand for its Xbox 360 videogame console gear and online network.
Eurozone leaders rush to rescue Greece, euro
Eurozone leaders and private creditors agreed to give Greece a new 159-billion-euro bailout to prevent the debt crisis from spreading worldwide.
Restraining inflation rate at 17% poses major challenge
Vietnam will struggle to restrain inflation at 17% in 2011, said a National Assembly official.
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