Iran asks OPEC states not to raise oil output

Iran has asked OPEC members not to raise oil production to compensate for a European Union embargo against the Islamic republic, Oil Minister Rostam Qasemi said on Saturday.

Samsung condemns 'anti-Iran' ad featuring its tablet

Samsung Electronics on Saturday condemned an Israeli commercial featuring a Samsung tablet, expressing dismay at Iran's threat to ban its products over the apparently anti-Tehran teaser.

Master plan for southern central coastal region approved

An oil refinery and several other interdisciplinary industrial parks will be constructed in a total area of 2,682ha in the Southern Phu Yen industrial zone in the 2015- 2025 period.

Stocks rally in HCM City, stall in Hanoi

Stocks on the HCM City Stock Exchange managed to close in positive territory on Feb. 3, but shares plunged on the Hanoi bourse due to heavy profit-taking.

Market brightens for industrial park developers

Things are looking up for the industrial park property market this year with many projects likely to be implemented with "multi-use" components, according to property service provider CB Richard Ellis (CBRE) Viet Nam.

Strong US jobs growth spurs recovery hopes

US businesses shifted into hiring gear in January, creating jobs at the fastest clip in nine months

Facebook worth $94B, private market says

A private market transaction completed Thursday may provide us with best the answer yet

Panasonic headed for record $10 billion annual loss

Japan's Panasonic Corp warned of a record annual $10.2 billion net loss, joining beleaguered rivals Sony and Sharp in a sea of red ink

Farm producers lukewarm to VietGAP application

HCMC – Vietnamese Good Agriculture Practices (VietGAP) was introduced four years ago with the Government’s assistance for development, but insiders still find it unfeasible without specific policies.

Business confidence index dips

HCMC – Vietnam’s Business Confidence Index (BCI) has sharply dropped from 123 points in last year’s third quarter to 116 points, reports the Vietnam News Agency.