Business

With interest rates rising, government spending programs winding down and the U.S. recovery looking shaky, there are doubts whether Asia can sustain its momentum.

Agricultural exports totalled US$12.2 billion in the first eight months of this year, an increase of 20% compared to the same period a year ago.

Economic ties between the United States and Southeast Asia are "a high priority", an embassy spokesman said.

The 3rd Vietnam International Electrical Technology and Equipment Exhibition 2010 opened at the HCMC International Exhibition and Convention Center.

A four-day weekend means travel will be popular and keep the transportation sources busy during Vietnam’s National Day.

Europe’s biggest carmaker, Volkswagen AG, is eyeing the Asean market.

Vietnam Brewery has commissioned a new bottling line at its brewery in Danang to meet robust and surging beer demand.

Vietnam has attracted more than 11.57 billion USD in foreign direct investment (FDI) since the beginning of this year, a year-on-year drop of 12.3 percent.

Vietnam and Indonesia are the top investment destinations in Southeast Asia for US businesses, according to the American Chamber of Commerce.

Toyota announced the recall of 1.13 million of its Corolla vehicles in North America due to an engine defect.

Nearly 80% of customers who buy luxury properties in Da Nang come from Hanoi, said a real estate company.

The massive egg recall in US markets shows the dangers of concentrating the egg industry in just a handful of "mega producers," critics said.

The mobile industry is bracing for the launch of the iPhone 4 in Vietnam which brings with it some challenges.

Southeast Asian leaders warned of a widening gap between the booming region's richest and poorest nations.

The trade deficit hit a record US$8.15 billion in the first eight months of the year, the General Statistics Office said.

Vietnamese American Hotel and Resort Co., signed hotel management agreements with three world leading hotel operating companies in Quy Nhon City.

Economists said there was a golden chance for Vietnamese businesses to export their products to Myanmar.

Retailers in HCMC are worried as many suppliers want to increase prices when demand is at its lowest all year.

A massive recall of eggs possibly tainted with salmonella bacteria is now at more than half billion and could grow, the top US food safety official said.