Business

The Prime Minister on January 20 approved adjustments to the master plan for the development of Dung Quat Economic Zone in the central province of Quang Ngai.

Despite possible power shortages and even blackouts this year, Vietnam will give priority to the steel and cement industries.

Keeping inflation below 7% set by the NA will be a challenge for in 2011, but the country will do what it can to meet this goal.

Just 5% of mobile subscribers in Vietnam use 3G service, while most stick to 2G technology.

It is expected that the consumer price index for Hanoi in January will be 1.68% higher than it was in December.

The United States and China have announced a raft of trade deals worth $45 billion, as the two powers tried to narrow disputes by tethering their economic fortunes.

Despite missing the mark last year, Vietnam’s labour exports are expected to rise in 2011.

Arab leaders gather in Egypt to discuss trade and development as the region feels the aftershocks of a popular uprising in Tunisia that emboldened dissidents in the Arab world.

High-ranking employees of state-owned enterprises will face new restrictions on the types of vehicles they can use.

The average rent for an office in Ho Chi Minh City decreased by 9.1% last year, according to CBRE Vietnam.

Vietnam’s steel industry is forecast to see a steep rise in demand in 2011.

The prime minister has issued a new decision on credit guarantee regulations for small and medium-sized enterprises.

Businesses outside the Vietnam Food Association (VFA) will be allowed to export rice beginning February 14.

The rotor of turbine 2 at the Son La hydropower plant, the biggest of its kind in Vietnam, has been installed.

A series of projects capitalised at billions of dollars will get licences in the Van Phong Economic Zone in central Khanh Hoa province this year.

The European Union will provide 11 million euro for a five-year environment and society responsible tourism development programme in Vietnam.

Local dairy giant Vinamilk said that the reasons for the recent increase in the price of milk is due to higher material costs.

Some smaller commercial banks in the past week have raised the interest rates they offer on US dollar deposits by 0.9 to 1.3 percentage points to as high as 6.1 per cent per year.

Oil prices crossing the 100 dollars a barrel mark is possible but would not merit an emergency meeting of OPEC.