Business

The global economy is recovering faster than expected but Europe's debt crisis might stall the rebound, the International Monetary Fund said.

Energy providers blame blackouts on low-cost of energy while consumers could see a rise in prices for power.

406 contractors in HCMC who have intentionally delayed the payment of their fines have had construction licenses revoked.

Vinashin is worth an over VND 90 trillion but is in about VND 80 trillion of debt, according to a government official.

PM Nguyen Tan Dung pressed the button for the construction of a 600 MW thermal-power plant in the central province of Thanh Hoa.

The European Union has decided to end its imposition of anti-dumping duties on Vietnam’s bicycles exported to EU countries as from July 2010.

Vinashin Group is expecting to have its business organisation and financial investments restructured for stability.

The establishment of the joint venture PetroMacareo is a step in realizing the energy cooperation agreement between the two countries.

Initiatives in Vietnam mirror UPS’s strategy around Asia, with the package carrier seeking to broaden its global footprint.

Toyota Motor Corp. said Thursday about 270,000 vehicles sold worldwide, including luxury Lexus sedans, have faulty engines.

Many people find pawnshops the perfect way to cover their betting losses despite being charged more interest than usual.

Vietinbank is the first bank to cut the ceiling lending interest rates in Vietnamese dong in accordance with the new policy.

Stock markets in Europe and the US fell hard following earlier losses in Asia, on news of an erosion in US consumer confidence.

U.S. seafood suppliers are turning to Vietnam and other countries in Asia to ensure Americans have enough shrimp.

A dearth of rainfall in Vietnam may provide an extra prop to the recent jump in robusta coffee prices, which hit a fresh 16-month high on Monday.

PM Nguyen Tan Dung told Da Nang authorities to temporarily close the casino ran by Silvershore Hoang Dat JV Company to address the firm’s violations.

A global trading company has sold two cargoes of Black Sea-origin feed wheat to Thailand and one to Vietnam.

Vietnam Bank for Agriculture and Rural Development opened Monday a branch in Phnom Penh, its first overseas branch.

Indian spice companies are launching their operations in Vietnam to ensure a steady supply of pepper.