Business

European Central Bank head Jean-Claude Trichet rose to the defense of the euro Friday, describing it as a "credible" currency that was not in crisis.

Vietnam should set a single floor price that includes material and processing costs for tra fish for export, said head of the VASEP.

The MoLISA has proposed the government provide loans with zero interest rates for Vinashin’s restructuring plans.

The Vietnam Gas Association is seeking an approval from the Ministry of Finance to cut gas import taxes to 2%.

The Ministry of Finance has issued a circular to increase gold export tax rates to 10% from the current zero.

Vietnam’s consumer price index has been predicted to increase by 11% this year according to a local expert.

Increases in exchange rates remain a cause of concern for many Vietnamese companies, particularly importers.

The Vietnamese Ministry of Finance decided to lower petroleum import taxes by 5% beginning December 1.

The leather and footwear industry will focus on products and quality of human resources, according to the new overall plan for the sector’s development until 2020.

Vietnam's national carrier will fly directly between the country's business hub, Ho Chi Minh City, and Beijing starting mid-December, the airline said.

Prof. Michael Porter says Vietnam's blooming real estate market could lead to an imbalance in its investment structure.

The Vietnam Chamber of Commerce and Industry held a meeting to gather opinions from experts about the second phase of its IT support project for enterprises.

Retail gas prices has risen by VND38,000 (USD1.9) per 12-kg canister, the highest price so far this year.

Vietnam registered additional 38.1 million phone subscribers in the first 11 months of the year, a year-on-year increase of 6.1%.

Vietnam’s industrial production value was ten times higher than that of 1991 and just fell down in 2009 when the global crisis hit countries around the world.

Economist Le Dang Doanh says enterprises need to reevaluate their operations and focus on strong points.

Nearly half of enterprises in HCMC have reported losses annually, many of them are FDI firms who have reported losses for ten consecutive years to avoid paying tax.

Vietnam will leave its benchmark interest rate unchanged in December even after inflation accelerated to a 20-month high.

Giant technology company HP earns a certificate for excellent service operation from the Technology Services Industry Association.