Business

Reducing Vietnam's aggregate demand is one of the measures which the Government will adopt to restrain inflation and stabilise the macro-economy.

Vietnam will set up hotlines to deal with the problem of petrol stations with unlawful business practices.

The euro eased against the dollar in Asia on Monday after rising on speculation of a near-term interest rate hike in Europe.

Prime Minister Nguyen Tan Dung has approved a power price increase of 15.28% beginning March 1, 2011.

The local currency’s devaluation spells bad news for car importers in coming months.

Japan's International Co-operation Agency will help Vietnam to improve the country's rubber industry, which will help reduce the nation's greenhouse emissions.

The State budget overspending in 2010 stood at VND109.4 trillion (USD5.28 billion), equal to 5.6 percent of GDP, according to the Government’s report.

The difficulties in accessing foreign currency have raised the worry that the petroleum supply may be interrupted.

Afterthe depreciation of the dong by 9.3 percent, the prices of many essential goods such as gas, steel and dairy products have increased sharply.

The US Agriculture Department has delayed a decision on a new Asian catfish inspection program.

G20 ministers gather in Paris Friday to hammer out common criteria for measuring global economic imbalances at a two-day session.

Vietnamese central bank governor has recommended that the government slash its credit growth target to under 20% from the current 23%.

The move is expected to foster upgrades of old and neglected apartment buildings, but some say the model may not work.

Oil prices in New York sharply rebounded in volatile trade once again dominated by concerns about spreading unrest in the oil-rich Middle East.

Production firms are struggling to stay afloat amid rising exchange rate and raw material input costs.

Vietnam raised its refinance rate by 200 basis points to 11% a move than comes amid calls for more decisive steps to curb double-digit inflation.

In 2011, Vietnam Mobile Telecom Services Co is required to make equitisation to restructure the business and contribute to the restructuring of the economy.

Vietnam’s 3,000 high-sea fishing ships will be installed with locating devices, ensuring safety for fishermen and helping them increase production.

Vietnam will use South Africa and Tanzania as export gateways to southern and eastern Africa, a Vietnamese trade official said.