Business

Embattled Greek PM George Papandreou picked a team of battle-hardened political veterans to carry out deeply unpopular austerity measures.

Greek Prime Minister George Papandreou axed his finance minister Friday amid the country's crippling dead crisis, a spokesman said.

The State Bank of Vietnam has requested commercial banks to strictly conform to regulations on VND deposit interest rates.

Vinacomin’s recent import of coal is to ensure national energy security, an official from the company said.

Sea and island tourism development was top priority of Vietnam’s tourism sector, said an official from Vietnam National Administration of Tourism.

Two Greek government lawmakers quit over their party's austerity policies as Prime Minister George Papandreou was to name a new government.

The Ministry of Transport has proposed to apply an additional special mechanism to call for foreign investment into the infrastructure sector.

PetroVietnam is determined to conduct exploration projects in the East Sea despite Chinese aggressions, said an official.

The State Bank of Vietnam plans to better monitor commercial banks’ investments, including corporate bonds, lending and investment operations.

Greek Prime Minister George Papandreou would seek a confidence vote as thousands besieged parliament against new austerity cuts.

Japan will continue providing Official Development Assistance to Vietnam in the coming years.

Thousands of Greek protesters surrounded the parliament building in Athens on Wednesday as a general strike paralysed the country.

Trade villages in northern Hai Phong City are struggling to develop their own trademarks.

Increased exports have been adding to the risk of exhausted natural resources and environmental pollution, an official said.

Nokia said its competitor Apple had agreed to pay royalties for using Nokia technology in its devices, ending all of their ongoing patent disputes.

Toyota Vietnam gave a 3-month suspension to an engineer who exposed the company’s technical faults, but they insist it was unrelated.

The increasing price of goods across the board has caused Vietnamese consumers to switch to locally made products.

Total investment capital for Vietnam's human resource development is estimated at USD102.6 billion for the 2011-2020 period.

Despite the impact of recent disasters, Japan will maintain its ODA pledges for Vietnam in the coming time, an official said.