Business

Despite the financial global crisis, growth rates of the Vietnamese retail industry were on the rise in 2009.

Hewlett Packard has taken the first steps in an agreement to aid technology development in Quang Ninh Province.

FPT exceeded their proposed outlooks for 2009 and grew by over 11 percent during the same period in 2008.

Using an intensive population corn-planting method promises to double productivity compared with traditional methods.

Google Inc. reeled in more Internet advertising during the holiday shopping season and approached $2 billion in quarterly profit for the first time.

Toyota announced a second huge recall of vehicles for another problem that could cause the throttle to stick open.

The comapny plans to set up a 50,000 metric tonnes per annum plant in Vietnam, in a joint venture with three Vietnamese state-run firms.

Tourist arrivals are likely to remain subdued in 2010 before they can return to pre-2008 levels of growth, said research company BMI.

Investors committed to pour some US $7.36 billion into 22 projects in the central province of Binh Dinh at a conference held yesterday.

South Korea's Taekwang Industrial Co Ltd will invest $4.5 billion in Vietnam to build and operate a coal-fired power plant.

Ericsson announced Wednesday consumers in Denmark and Sweden would enjoy the world's fastest 3G networks in the first quarter this year.

Japan Airlines filed for one of the country's largest bankruptcies ever Tuesday, entering a restructuring that will shrink Asia's top carrier and its presence.

Competition could be fierce as the new iPhone 3GS is unveiled for sale by Vietnamese operators.

Non-term foreign currency deposits and those with terms of less than 12 months will see compulsory reserves cut from 7 percent to 4 percent.

The Vietnam Textile and Garment Group (Vinatex) yesterday held a conference to deploy its implementation of the 2010 plan.

IBM raised its 2010 profit target and reported a stronger-than-expected, 9 percent increase in fourth-quarter earnings, as cost cuts and a shift to more profitable contracts helped it weather a slump in corporate spending.

Investment banking operations make $7.1bn annual profit, but bailout repayments pushes group to $7.6bn last-quarter deficit.

The central bank has sounded the final call for passengers to join the banking flight, placing additional pressure on lenders with chartered capital under the standard level.

Provinces throughout the country showed notable improvements in economic governance over the past year, creating more favourable conditions for the business community’s operations.