Business

Vietnam’s expanding middle-class has prompted moves by US cherry growers to target this emerging South East Asian market.

Europe opened the door Friday to ceding some power to emerging economies at the International Monetary Fund.

A bug bait made from brewery waste, which was developed by Australian researchers, is helping the fruit industry in Vietnam flourish.

A forum set up to tackle tax fraud and bank secrecy said countries were taking their commitments seriously but urged greater transparency.

Business activities at markets in HCM City have become quieter during the rainy season.

The VN-Index fluctuated throughout most of today's session, but closed up 0.35 per cent to 454.52 on the HCM City Stock Exchange.

The State Bank emphasised that there is no shortage of gold at present and it’s not the right time to import gold.

Violation of regulations in listing real estate prices in foreign currencies by investors, brokerage companies has become a common occurrence.

By the end of 2010 the annual construction material production is expected to show a 30 percent rise, according to a new report.

Vietnam is looking to enjoy a 6.7% growth in 2010 and 7% in 2011, the Asian Development Bank forecasts.

Slumberland (Thailand) Ltd may build a new factory in Vietnam as part of plans to drive annual sales to 800 million baht in three years.

Vietnam's central bank said it would let commercial banks lend money from a wider array of sources as of Oct. 1.

Site preparation works for the proposed refinery and petrochemical complex jointly owned by Kuwait, Japan and Vietnam is proceeding "as scheduled."

A Vietnamese motorbike company is courting trademark conflicts by selling scooters that look like Vespas and use the Honda brand name.

Weak foreign investors are to be muscled out of the business ring.

The Asian Development Bank agreed to provide Vietnam with a $630 million multi-tranche financing facility to improve the country's state-owned enterprises.

Hotels said that visitors need not worry about Hanoi running out of accommodation during it’s 1,000 year celebrations.

Hyundai Motor is recalling nearly 140,000 of its 2011 model year Sonata sedans in the United States due to a steering problem, US authorities said.

The upcoming visit by Kuwaiti Oil Minister demonstrates the desire of Kuwait in strengthening the cooperation with Vietnam, especially in the oil field, Kuwait's envoy in Vietnam said.