Business

Slumberland (Thailand) Ltd may build a new factory in Vietnam as part of plans to drive annual sales to 800 million baht in three years.

Vietnam's central bank said it would let commercial banks lend money from a wider array of sources as of Oct. 1.

Site preparation works for the proposed refinery and petrochemical complex jointly owned by Kuwait, Japan and Vietnam is proceeding "as scheduled."

A Vietnamese motorbike company is courting trademark conflicts by selling scooters that look like Vespas and use the Honda brand name.

Weak foreign investors are to be muscled out of the business ring.

The Asian Development Bank agreed to provide Vietnam with a $630 million multi-tranche financing facility to improve the country's state-owned enterprises.

Hotels said that visitors need not worry about Hanoi running out of accommodation during it’s 1,000 year celebrations.

Hyundai Motor is recalling nearly 140,000 of its 2011 model year Sonata sedans in the United States due to a steering problem, US authorities said.

The upcoming visit by Kuwaiti Oil Minister demonstrates the desire of Kuwait in strengthening the cooperation with Vietnam, especially in the oil field, Kuwait's envoy in Vietnam said.

The Ministry of Industry and Trade is planning to speed up trade promotion activities in Mexico and Canada as part of its export program 2010.

The Ministry of Finance is reviewing milk prices and the cause for their changes.

The country’s Consumer Price Index in September went up by 1.31 percent over the previous month, the highest level for September of any year since 2000.

Apple on Saturday launched the latest version of its iPhone in China and opened another two stores in Beijing and Shanghai.

A real estate firm predicted there would be a “tsunami” of second homes on the market.

Apple surpassed Chinese oil giant PetroChina during trading on Thursday to become the world's second-largest company in terms of market value.

Citigroup launched its stockbroking operations in Malaysia today, moving closer to its aim of having equity sales and trading operations throughout Southeast Asia.

Drugmaker Abbott Laboratories said it is recalling millions of containers of its best-selling Similac infant formula that may be contaminated with insect parts.

Vinacomin has its sights set on mining the Red River basin for coal with the help of Australian and Japanese companies.

Accor is striving to realize its new ambitious goal to operate 30 projects in three years’ time.