Business

Global finance chiefs moved to aid strife-torn North Africa as the IMF and WB warned of more potential social unrest from high food prices.

BP was facing angry protesters and disgruntled shareholders on Thursday at its first annual general meeting since an oil spill in the Gulf of Mexico.

Authorities have pulled the plug on VND3.4 trillion worth of projects. Minister of Planning and Investment Vo Hong Phuc spoke about the issue.

Two Vietnamese rattan companies were chosen by the World Wide Fund for Nature to attend a design fair in Germany.

Vietnam has officially become a competitive aviation market after more licensed airlines have taken off and declared competition with Vietnam Airlines.

The State Bank of Vietnam will issue a regulation allowing individuals to carry only USD5,000 abroad as maximum.

US President Barack Obama unveiled a $4 trillion deficit reduction drive on Wednesday and savaged Republican plans that he said would reward the rich.

Philex Mining Corp. said its international oil exploration affiliate has found encouraging oil and gas flow rates in Block 07/03 offshore Vietnam.

Vietnamese expect that once the Vietnam-EU Free Trade Agreement is inked, the EU’s foreign direct investment in Vietnam will increase.

US President Barack Obama is set to try and wrest control of Washington's fevered debate over the economy and bulging deficit.

A number of big foreign-invested projects have been put on de facto hold due to site clearance problems.

The EU’s foreign direct investment in Vietnam is believed to increase once the Vietnam-EU Free Trade Agreement is inked.

Vietnam is speeding up technical preparations in a bid to foster a competitive power generation market beginning July 1.

Japanese auto giant Toyota said it would temporarily halt production at five European plants for several days in April and May.  

The trade deficit with China stood at USD1.73 billion in the first two months of this year, compared to USD1.6 billion in the same period in 2010.

Site clearance woes are proving thorns in the side of billion-dollar foreign-invested steel projects.

A low-salary, high-pressure environment is driving many workers at scores of Vietnam-based foreign-invested enterprises to strike or change jobs.

Many gold exchange floors have remained operating in spite of the State Bank’s ban, which took effect last year.

An international tea festival will be held in Thai Nguyen Province in November, the first of its kind in Vietnam.