billion

Rice, seafood exports in Mekong Delta face tough market this year

February 28, 2013 | 10:12

Top officials have urged local authorities in the Mekong Delta to devise solutions to cope with long-term problems that could affect export and production of rice, catfish and shrimp this year.

Banking system mired in trouble

February 26, 2013 | 15:46

Bad loans and other losses from banking activities produced a dramatic decline in performance for Vietnam’s banking system.

FDI backlog: the bogus billions

February 26, 2013 | 11:32

It has become an all-too-familiar pattern: A foreign developer signs agreements with local authorities in Vietnam, getting approval for an ambitious real estate project—a resort, an industrial park, a new “city”—said to be worth billions of dollars.

Financial woes hit tra fish industry

February 21, 2013 | 09:29

Rising input costs and lack of outlets are seen as the main reasons behind the sharp profit decline of local tra fish exporters last year.

LG rings in spectacular results

February 04, 2013 | 15:21

LG full-year 2012 financial statement just unveiled with all business units reporting improved operating incomes against 2011.

PetroVietnam seeks fund for the $9bn refinery

February 04, 2013 | 14:57

State-run PetroVietnam and its foreign partners are working on procedures to seek fund from international lenders for the construction of Vietnam’s massive Nghi Son oil refinery and petrochemical complex.

Donors back local economy

February 04, 2013 | 11:35

Raising a toast to the Year of the Snake as “a time of rebirth,” the Ministry of Planning and Investment and international donors expressed confidence last week that Vietnam would achieve progress in the country’s economic restructuring and renewal.

Shell posts 14% drop in 2012 profit, cautions on outlook

January 31, 2013 | 16:10

British energy giant Royal Dutch Shell said Thursday that net profit slid 14 percent last year, despite an upturn in the fourth quarter, and issued a cautious outlook for 2013.

LG announces fourth-quarter and full-year 2012 financial results

January 30, 2013 | 14:41

All business units report improved 2012 operating income from previous year.

Siemens enters 2013 with full head of steam

January 28, 2013 | 17:29

Siemens has reaped a solid start in fiscal 2013.

Vietnam’s official public debt bulletin to be released

January 25, 2013 | 15:18

The Ministry of Finance will officially release Vietnam’s public debt bulletins in Vietnamese and English.

Google 2012 revenue hits $50 billion, profits up

January 23, 2013 | 15:08

Google reported Tuesday that its profit climbed and its annual revenue hit an unprecedented high last year as it evolved to stay in tune with people using smartphones and tablets.

Firms to be slammed by power hike

January 22, 2013 | 09:57

Companies will be hit hard by a planned robust power tariff hike in 2013.

FTAs to muscle up exports

January 21, 2013 | 17:00

Benefits from free trade agreements are expected to help Vietnam earn more money from its targeted export turnover for 2013, according to the Ministry of Industry and Trade.