Wood sector confronts hard situation
Although Viet Nam ranks second worldwide in wood exports, local consumers say they lack access to Vietnamese-made furniture that is both stylish and reasonably priced, Tin tuc (News) newspaper reported late last week.
VN's longest expressway opens
Prime Minister Nguyen Tan Dung inaugurated the 245 km Noi Bai-Lao Cai expressway, the longest of its kind in Viet Nam, yesterday.
Ministry steps up checks on imported produce
The Ministry of Agriculture and Rural development is tightening up health checks on fresh fruit and vegetables imported into Viet Nam.
Corrections offer buying opportunity
The market witnessed strong corrections on both exchanges last week because of heavy profit taking.
HCM City banks face rising bad debt ratio
Potentially irrecoverable bank debts in HCM City now make up around 70 per cent of the total bad debts, according to the State Bank of Viet Nam's city branch.
Ha Noi seeks to attract more foreign, high-tech investment
The capital city is exerting great efforts to diversify investment promotions to attract more capital, especially foreign direct investment (FDI), according to the municipal Department of Planning and Investment.
PetroVietnam revenue hits $23b
Viet Nam National Oil and Gas Group (PetroVietnam) achieved 74 per cent of its annual target by earning VND492 trillion (US$23.4 billion) in revenues in the first eight months of 2014.
Former Agribank head arrested
Do Tat Ngoc, former chairman of the Viet Nam Bank for Agriculture and Rural Development (Agribank), has been arrested for alleged intentional violations of State regulations on economic management.
Southern Power, Siemens ink $15m contract
Electricity of Viet Nam subsidiary Southern Power Corporation (EVNSPC) and the Siemens Consortium signed a US$15 million contract on Friday to install an electricity management system by September 2016.
Seafood firm to build factory in Russia
The Hung Vuong Joint Stock Company plans to build a US$30-million seafood processing plant in Russia, beginning early next year, reported Dien dan Doanh nghiep (The Business Forum) online.
SSTI to manufacture integrated circuits
Saigon Semiconductor Technology Inc (SSTI) is the first local company to make 100 per cent investment in an integrated circuit manufacturing and production factory at the Saigon Hi-tech Park.
SOEs struggle to find strategic partners
SOEs struggle to find strategic partners

After a search for suitors that lasted several months the Viet Nam National Textile and Garment Group (Vinatex) finally identified two of them — Vingroup and Vietnam Investment Development Group. But Vinatex's quest for strategic shareholders has not come to a happy conclusion since they are said to be not what the company had expected: both are property companies.

Support industries need plan for development
Support industries need plan for development

After 14 years, support industries in Viet Nam remain underde-veloped and have so far been relegated to the role of assembling low value-added products.

Highlight

Authorities step in to save old trees 1    Authorities step in to save old trees

The Ha Noi People's Committee has asked Ha Noi Urban Railway Management Unit to try to avoid chopping down many old trees to make way for a future metro line.

Young travellers rescue bus accident victims Young travellers rescue bus accident victims

A group of 16 young Vietnamese motorbikers were first on the scene at last Monday's tragic bus accident on its way from the resort town of Sa Pa, which killed 13 of the 50 passengers on a sleeper bus.

Capital's new urban areas still without safe tap water Capital's new urban areas still without safe tap water

People living in apartment buildings of the capital's new urban areas are expressing concern over poor-quality tap water.

Minister acts on highway peril Minister acts on highway peril

The Ministry of Transport has urged Lao Cai People's Committee to co-ordinate the completion of the highway linking Noi Bai airport with Lao Cai and the resort town of Sa Pa.

VN film triumphs at Venice festival VN film triumphs at Venice festival

A film by Vietnamese female director Nguyen Hoang Diep beat seven other foreign debut features to win the Best Film prize at the 2014 Venice International Film Festival's International Critics' Week.