Local retail electricity price will be adjusted under a market mechanism by 2016, said Minister of Industry and Trade Vu Huy Hoang.

To mark the national day of the Russian Federation on June 12, Vietnam News presents an article by Russian Ambassador Konstantin V. Vnukov.

Vietnamese businesses are oblivious to the pressures of competitiveness in the wake of ASEAN moving up the ladder from AFTA to ASEAN Economic Community (AEC) by the end of 2015.

Legendary war photographer Nick Ut put up five of his famous photos for auction, and sold them for US$26,000 recently.

The National Assembly on June 9 adopted a Resolution on the Law and Ordinance Making Programme for 2016 as well as adjustments to corresponding programmes for this year.

The Prime Minister has banned the exploitation of precious, rare and endangered fauna and flora and those species that are protected by law in natural, protective forests.

The competitiveness of Vietnamese agricultural products, including seafood, is decreasing in the global market, leading to a sharp fall in exports, experts warn.

Vietnam vs Thailand is definitely a much-awaited match in the group round of the Southeast Asian Games in Singapore.

An Indian delegation comprising executives from six major leather companies that supply the footwear, furniture and automotive industries met around 20 Vietnamese counterparts in HCM City on June 9 to explore business opportunities.

Three new high-tech zones will be developed from local budgets and private capital by 2030, according to a master plan approved by the Prime Minister Nguyen Tan Dung.