For the first time in a year, business confidence and outlook among European businesses in Vietnam has stabilized and improved, a new survey has found.

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European businesses regain confidence in Vietnam

Vietnam signaled that it may cut policy interest rates to “more suitable” levels after the first quarter and weaken the dong this year as Asia’s fastest inflation eases.

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Vietnam signals rate cuts as Asia’s fastest inflation eases

Chinese trader Unipec paid a record premium for a February cargo of Russian crude and bought Vietnamese oil for the first time in at least a year, traders said, as the world’s second-largest oil consumer looks to cover for reduced Iranian supplies.

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China buys Russia, Vietnam oil as Iran supply cut

Vietnam’s central bank has approved the merger of three small banks mired in liquidity problems, the first move in a broader plan to restructure the banking system as a whole.

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Vietnam’s banking reform gains momentum with first merger

Russia’s No.2 crude oil producer LUKOIL said it is considering bidding for exploration in more oil and gas blocks offshore Vietnam after acquiring the first block in the Southeast Asian country’s northern area.

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Russia’s LUKOIL eyes bid in Vietnam oil/gas blocks

Japanese retailer Aeon said it will build a US$100 million shopping center in Ho Chi Minh City next year, the first of seven outlets it plans for Vietnam, according to a report in The Saigon Times web site on Thursday.

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Aeon to build first shopping outlet in Vietnam

Vinamilk Corp , Vietnam’s leading dairy product maker, reported an estimated export turnover of US$106 million in the first 10 months of this year, or 41.3 percent higher than the same period last year.

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Vinamilk’s export turnover reaches $106 mln

Vietnam’s dong on Friday closed below 21,000 per dollar for the first time as the central bank set the currency’s reference rate at the weakest level since at least 2005. Government bonds were steady.

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Vietnam dong slips to record low as central bank weakens rate

Construction of the $7.5 billion Nghi Son oil refinery, Vietnam’s second such facility, is likely to be delayed until the first quarter of 2012 instead of the last quarter this year, a senior executive from one of the contractors said on Thursday.

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Vietnam 2nd refinery construction delayed to Q1 2012

Vietnam’s central bank increased its refinancing rate for the first time since May, as the nation tries to steady its currency and tame Asia’s fastest inflation.

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Vietnam raises a key rate to support dong, fight inflation