Business

Vietnam has risen two places to 16th in the 2010 emerging markets opportunity index from 2008, according to a new report.

The State audit will assess a loss of nearly $80M reported by SAS Hotel investor due to the suspended construction of its hotel.

China's northwestern Shaanxi province is committed to facilitating economic and trade cooperation with Vietnam, said the provincial party chief.

The deep water port of Cai Mep-Thi Vai helps to boost sea transportation development between Vietnam and the USA.

The International Air Transport Association released statistics showing that February 2010's international scheduled air traffic strengthened with demand.

The newly appointed Country Manager of Microsoft Vietnam is committed to contributing to further development of local IT industry.

The Civil Aviation Authority of Vietnam has cancelled the operating license of Viva Macau, which had previously suspended its flights to the country.

Cavico's scope of work will be to excavate 700,000 cubic meters and refill 550,000 cubic meters of earth needed for the road base and drainage for the highway.

Malaysian lender CIMB Group is planning to expand further in Southeast Asia, including Vietnam and Cambodia.

Housing prices and procedures are the main obstacles for Vietnamese living overseas to buy houses in motherland.

In a major expansion step, the Kanan Devan Hills Plantations Company is expanding its operations to Vietnam and Ethiopia.

Vietnam National Coal-Mineral Industries Group will supply Japan with as much as 1.5 million metric tons of steelmaking coal a year in return for a five-year, $150 million loan.

Ascott has been awarded a contract to manage a serviced residence in Danang, the fourth largest city in Vietnam.

Viettel and VinaPhone are not being able to sell many iPhones, and MobiFone is still postponing its release date.

As market interest rate liberalisation chatter continues, base rate changes again shape up as a key factor driving the local banking market.

Singapore companies see Vietnam as a "hot-spot" for franchise investment, director of Singapore's Astreem Corporation Pte Ltd. Hsien Naidu said.

Vietnam ’s turnover from footwear exports reached over 1 billion USD in the first quarter of 2010, up 10 percent over the same period last year.

Vietnam’s economy has enjoyed impressive growth momentum in 2010’s first quarter, but a tougher road is ahead.

Vietnam National Petroleum Corp., or Petrolimex, said it has bought a $44 million oil tanker.