Business

Vietnam led other foreign investors in the Laos capital city of Vientiane during the 2006-2010 period with more than 1.5 billion USD in 162 projects.

Nicknamed the “Island Governor”, Dao Hong Tuyen, Chairman of Tuan Chau Group’s Board of Directors, has claimed his assets are worth about $2billion U.S. dollars.

The new national land price frame for 2011 will remain largely unchanged from last year, especially in urban areas such as Hanoi and Ho Chi Minh City.

Vietnam ’s rice exports set a dual record for 2010 in terms of both volume and value.

Vietnam’s information technology and hi-tech sectors will become a hub for domestic and foreign investors in 2011.

After several delays and national scrutiny, the inauguration of Dung Quat refinery will take place January 6.

Oil and gas services set a record of raking in 152.5 trillion VND in revenues in 2010, representing a year-on-year increase of 58 percent.

Chinese Vice Premier Li Keqiang held talks with Spain's finance minister at the start of a visit focusing on economic issues, including the crisis in Spain, and business deals.

Total retail sales of commodities and services surged by 24.5 percent year on year to roughly 78 billion USD in 2010.

Although the fledgling plastics industry has recorded remarkable growth, it still faces many difficulties and it is essential to devise a long-term development strategy.

The Vietnam Association of Seafood Exporters and Processors predicts that tra fish exports in 2011 will be more stressful than 2010, the lack of input will become serious.

Vietnam has 170.1 million phone subscribers as of the end of 2010, up 35.4% against from a year earlier.

Macau's gaming revenue hit a record 23.5 billion US dollars in 2010, according to official figures released Monday, cementing the city as the world's biggest gaming hub.

SBV said that although a contributing factor, Vietnam’s fiscal policies were not the main cause of high inflation.

Vietnam’s Prime Minister has called for measures to bring down soaring prices and get interest rates under control.

Higher bonuses for the Tet Holiday 2011 are still not keeping up with the rise in prices.

The doomsday scenario in 2011 starts with Spain buckling under its debt and unleashing a Europe-wide crisis.

Higher Tet bonuses this year could have lower value when buying goods

According to the Foreign Investment Agency, foreign-invested enterprises obtained a trade surplus of USD2.35 billion in 2010.