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Property developer Tan Tao Investment and Industry Corp. has dismissed its CEO Dang Quang Hanh less than a year after he took the job. He is a younger brother of chairwoman Dang Thi Hoang Yen, who signed his dismissal order. But Hanh remains one of the company’s three board members. …

The government plans to have 1.5 million privately owned businesses by 2025 to make the private sector an important driving force for the economy. A recent resolution issued by the government envisages half of them being medium or large sized. Currently there are nearly one million private businesses, of which …

Saudi Arabia and other OPEC+ oil producers on Sunday announced further oil output cuts of around 1.16 million barrels per day, in a surprise move that analysts said would cause an immediate rise in prices and the United States called inadvisable. The pledges bring the total volume of cuts by …