Business

The EU has begun a joint effort with Vietnamese agencies to protect agricultural diversity in the country.

An US computer security research firm uncovered new ways that hackers could sabotage power plants, oil refineries or manufacturing operations.

The State Bank of Vietnam has purchased USD1 billion from commercial banks since late April.

Hanoi's Consumer Price Index rose by 1.76 percent in May, a 11.6 percent increase compared to the same period last year.

Vietnam will see more big M&A cases this year, particularly in the areas of production, finance, banking and consumer goods.

The British Council has launched a contest to find the best young designers in Vietnam.

Recent tests by a Vietnamese agency show low quality light bulbs are flooding the market.

Tokyo Electric Power is expected to post an annual net loss of up to $18 billion and announce the resignation of its president.

An inspection force has recently detected software piracy at two big companies in Danang.

The competitive power market will be introduced on a trial basis from July 1 for a tentative 2-month period before it actually takes real effect.

The second Vietnam Marine-based Economic Forum 2011 will be held in the central coastal city of Nha Trang, Khanh Hoa province on June 8.

The UN Industrial Development Organisation will help Vietnam optimise energy saving in industry.

China exports big volumes of products to Vietnam every year, but it is also a vast consumption market.

Japan's service sector activity shrank by the fastest pace in 22 years in March as the massive earthquake and tsunami hampered trade.

The 2011 Vietnam International Real Estate Connection workshop, set for May 20 in HCM City, will focus on investment into entertainment.

Vietnamese import-export businesses expect their demands for trade sponsors to increase in the next six months.

At least one forecast predicts an inflation rate of over 15% this year, despite recent economic measures.

Borrowers complain that banks have raised the interest rates of consumer loans too sharply, which has made the financial burden heavier on their shoulders.

Vietnamese businesses may face challenges when Vietnam fulfills its WTO commitments to market openness next year.