Business

Vietnam's raked in USD7.3 billion from exports in April, down by 2.9% from the previous month, said the Ministry of Industry and Trade.

Russia’s VimpelCom will fund up to USD500 million for its Vietnamese joint venture GTEL-Mobile through 2013.

Vietnam's industrial production in the first four months of the year reached VND270.5 trillion (USD13.07 billion), up 14.2% on-year.

The State Bank of Vietnam should closely combine the monetary policy with the fiscal policy to continue implementing measures to curb inflation.

Japan's factory output posted a record tumble in March after a devastating earthquake and tsunami crippled supply chains.

Japan's NTT Com and a Vietnamese counterpart will tie up in providing Internet service providers and Internet content providers in Vietnam.

The State Bank of Vietnam is considering a deadline to stop gold deposit and lending activities in an effort to prevent risks and insecurity.

Nokia said it would cut 4,000 jobs worldwide by the end of 2012 and transfer a further 3,000 employees to consulting firm Accenture.

Vietnam has signed an agreement with Worldwide Fund for Nature to make Vietnamese tra fish into a farming product of sustainable development.

The National Assemby has approved a proposal to allocate $1 billion in state budget to support projects in HCMC and Hanoi.

Japanese electronics and entertainment giant Sony unveiled its first tablet computers in a direct but belated challenge to Apple's iPad.

The project that would have been Vietnam’s largest paper plant is at high risk of being abandoned because of slow progress.

Many domestic banks have reported positive business results in the first quarter and said they were confident of hitting their annual targets.

US President Barack Obama called on Congress Tuesday to cut USD4 billion in subsidies to profit-churning oil firms.

Vietnam's foreign direct investment plummeted during the first four months of the year with only USD4 billion earmarked by investors from abroad.

Almost 400 Vietnamese and foreign reporters may cover the 44th Annual Meeting of the Board of Governors of the Asian Development Bank.

Around 263 foreign-invested projects with a total capitalisation of around USD3.1 billion had been licensed by April 22.

Many companies, both foreign and domestic, admit to having had to pay “unofficial fees” to do business in Vietnam.

Professor Michel Henry Bouchet, a French expert in international banking, has lauded the latest moves taken by the State Bank of Vietnam.