Business

The Vietnam Gold Traders Association has submitted to Prime Minister Nguyen Tan Dung a package of measures to stabilise the domestic gold market.

Vietnam’s gross domestic product growth may reach 6.1% this year, said an official from Asian Development Bank.

Microsoft and Toyota will work together to infuse the Japanese auto maker's cars with digital capabilities hosted in the Internet "cloud."

Italian scooter maker, Piaggio, held a groundbreaking ceremony for its second plant in Vietnam ’s northern province of Vinh Phuc on April 6.

Rolls-Royce has announced that it is to develop the largest ship lift in Asia, at a new repair yard near Hai Phong, Vietnam.

Electricity of Vietnam and the Ministry of Education and Training signed an agreement to train nuclear power human resources.

The Vietnam Automobile Transport Association has recommended that the Vietnam Register Agency check 8,830 vans made by Toyota Motors Vietnam.

Portugal said it had finally decided to request financial assistance from the European Union, paving the way for a third bailout of a eurozone country.

More commercial banks have cut deposit interest rates for the US dollar by 0.1-0.4 percentage points.

The Asian Development Bank said controlling inflation was the region's "top priority" as food and oil prices go up.

Vietnam must inspect Toyota over technical faults, said Nguyen Manh Hung, chairman of the Vietnam Automobile Transportation Association.

Local travel firms will likely raise tour prices for foreign tourists to the country in the next high season by 5% to 10% to offset the rising costs.

Vietnam may have to deal with cement shortage of 30% in the local market this year due to lower supply.

Hanoi may soon witness a redundancy in high-end offices for rents due to the oversupply coupled with low demand.

Vietnam National Petroleum Corporation announced a loss of VND2.6 trillion in the first quarter mainly due to exchange rate risks.

The electricity consumption in Vietnam is still higher than other countries in the region, said Minister of Industry and Trade Vu Huy Hoang.

Retail prices of both locally-made and imported medicines have sharply increased over the past few weeks.

Economists and other experts have urged the government to open up the gold market rather than restrict it as it has been doing for the last few months.

The Vietnam Southern Food Corporation has assured Ho Chi Minh City it will ensure sufficient supply of rice to keep its prices stable.