Business

The three largest network operators in Vietnam are vying to become the official distributor of the world-famous iPhone.

The J. Ray McDermott business received the contract from PetroVietnam Technical Services Corp. Financial terms were not disclosed.

Asia’s biggest stainless- steel maker will likely bring forward a $200 million expansion of a Vietnam plant.

The US Department of Commerce has announced that the average anti-dumping tariff applied to shrimp products exported by 29 Vietnamese companies will decrease from 4.57% to 2.89%.

Petrolimex has recently announced that petrol trading businesses are losing VND 700 for every litre of petrol they are selling.

ANZ is looking for a buyer for its 10 percent stake in Vietnam's Sacombank, becoming the first foreign bank to sell its stake in a domestic lender.

The market is growing rapidly, but low per-capita spending limits potential returns, said a new report.

The company said it scheduled an initial Trade Mission beginning March 22 to Ho Chi Minh City.

A proposal that would allow buses to have their own lane would be a low-cost metro solution on the ground, said a professor.

German pharmaceutical giant will invest in Asia and increase its sales by above market average growth rates in the region in the long-term.

Petrovietnam Gas has signed a deal with Chevron Corp, Japan's Mitsui Oil Exploration Co and Thailand's PTT Exploration and Production to build a $1 billion gas pipeline in southern Vietnam.

3 telecom network operators including MobiFone, Viettel and VinaPhone continue to dominate the market with advantages in terms of size and branding.

ST Telemedia bought a 10 percent stake in VNPT Global on March 11 to kick off their new partnership.

Information on 24,000 HSBC customers with Swiss accounts has been stolen, the British bank said Thursday.

The decision to import 170,000 tonnes of salt when the salt season has not yet come has to be reconsidered, said an expert.

Carlos Slim Helú of Mexico beat Bill Gates and Warren E. Buffett for the top spot on Forbes magazine’s annual list of billionaires.

Representatives from twenty businesses from Kansai, Japan paid a three-day visit to HCM City in an effort to seek business opportunities in the country’s largest city.

A number of provinces around the country plan to concentrate on growing bananas for export, due to increasing world demand.

JAC, an auto producer based in Hefei, China, will start construction on its first overseas plant to produce trucks in Vietnam in April.