The National Assembly (NA) Legal Committee at the NA session in Hanoi on Saturday approved in principle a proposal for allowing overseas Vietnamese, locally known as Viet Kieu, foreign organizations and individuals to own homes in the country.

Vietnamese firms trading with China should have a rethink to reduce the ballooning trade deficit and the massive dependence on the neighbouring country, entrepreneurs told a forum held in HCM City last week.

After more than two years of market decline due to the impacts of the economic downturn, the real estate market in Vietnam is making positive changes and some segments of the market such as retail, luxury apartment and social housing have begun warming. This trend is gradually rebuilding the trust...

Scientists from the Vietnam Science and Technology Academy have confirmed that they can make iron from red mud, the waste created during alumina production.

Individuals who represent the state’s capital at commercial banks are also officials working for state management agencies. This practice is causing concern among those who believe it to create unfair competition among banks.

So-called “Chinese capital flight” – that is, Chinese investors fleeing from China– may cause the flow of Chinese capital into Vietnam to soar in the years to come.