Business

Thailand's private sector should explore business opportunities in neighbouring countries, says a Siam Commercial Bank's official.

For the first time in Vietnam's marine history, a cargo ship with a weight capacity of 9,000 TEU has docked in the country.

The Vietnam-based subsidiary of Fubon Insurance Co opened a new branch in Binh Duong Province.

SIM card agencies for EVN Telecom have been discovered for forging their customer database.

UPS and P&T Express have established UPS Vietnam as a joint stock company to expand UPS's footprint and better serve customers in Vietnam.

Quang Nam Province has decided to revoke the licenses for 4 coastal tourism projects which violated their commitments.

U.S. firm Lockheed Martin Corp has won a contract to provide a second telecommunications satellite to Vietnam, the country's top telecoms group, VNPT, said.

Conventional wisdom says you need to save $1 million for retirement. That target may be easy to remember, but it falls short of the true cost of what's required for post-career comfort.

Nepcon Vietnam, one of the biggest technology fairs in Asia is set to return to Hanoi from the 20th to 22nd May 2010.

In a landmark move, a private company last week received permission to directly negotiate land compensation with local owners.

Petro-Vietnam Construction Joint Stock Corporation is cooperating with Ocean Group to invest in constructing the tallest building in Hanoi.

Europe announced a trillion-dollar rescue package for crisis-hit euro countries backed by the IMF and central banks worldwide, sending the euro surging in Asian trade.

Vietnam's pay-TV sector is one of the fastest developing markets in the Asia Pacific, said experts at a conference in Hanoi.

PetroVietnam Exploration Production Corp., or PVEP, said Friday that it will invest $16.5 billion in oil exploration and production from 2011 to 2015.

Utah-based SkyWest Airlines is considering investing in a start-up regional airline in Vietnam.

Fresh panic selling swept global stock markets on Friday as US regulators probed a stunning Wall Street crash.

Emerging Asia is leading global trade confidence, with domestic-oriented economies like India, Vietnam, Indonesia and China among the most optimistic.

Fairline has announced plans to send its first Targa 44 luxury boat to Vietnam as part of efforts to expand the company's operations in Asia.

The fourth retail fair of Thailand opened in Hanoi on May 5 with the participation of 90 Thai businesses.