Vietnam’s tra fish farming area has expanded five times over the past ten years, with total output reaching 1.35 million tons, an industry group said Saturday.

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Vietnam tra fish production expands five times over past decade

Vietnam’s Ministry of Finance is considering raising the tax threshold on infrequent income to VND1 million, twice the current level, news website VnExpress reported Saturday.

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Vietnam finance ministry plans to ease income tax rules

Vietnamese insurance company Bao Minh has been sued by a local shipbuilder for allegedly denying an insurance claim of US$4.1 million for damages caused by a storm in 2009, VnExpress reported Saturday.

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Insurance firm Bao Minh sued for denying $4.1 mln claim

The Hanel Limited Company broke ground to construct a modern software park at Long Bien District’s Phuc Loi Ward on Saturday that is slated to become the first one in Vietnam to meet international standards.

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Hanoi builds new software park

The State Bank of Vietnam on Saturday announced a new cap on dollar deposit rates in an effort to restore stability in the monetary market.

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Central bank caps interest rate on dollar deposits

Authorities are considering a 22.7 percent increase in domestic airfares as local carriers have been facing losses, a Finance Ministry official said Saturday.

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Airfares may rise 22.7 percent: official

The Dung Quat Oil Refinery resumed operations Saturday after a 10-day shutdown for equipment checks.

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Dung Quat refinery resumes operations after inspection

Kim Long Securities will have to wait up to one month to know whether it can proceed with a plan to exit the brokerage business after failing to gather enough shareholders at its meeeting on Saturday.

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Broker firm fails to get enough shareholders for exit plan

Authorities in the south-central province of Phu Yen Saturday revoked the investment license for a US$11 billion urban area project after its US investor failed to make a required deposit.

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Central province scraps $11 billion township project

Vietnam’s inflation is expected to rise 2 percent in March as recent hikes in electricity and fuel prices have sparked a corresponding rise in consumer prices, VnExpress  reported Saturday.

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Inflation poised to climb 2 pct in March: report