* The price of gold hit an all-time high of VND39.06 million (US$1,900) per tael in Vietnam Thursday morning, following a hike in world markets. A tael is equal to 1.21 ounces of gold. Gold prices hit a record at $1,578.50 an ounce on Wednesday as concern over the euro zone debt crisis deepened.
* Nam Trieu Shipbuilding Industry Corporation, a subsidiary of state-owned shipbuilder Vinashin, on July 12 signed a contract to build a car carrier for Norway's Albatross Investering AS. The ship will be designed by Finland-based Delta Marine Ltd with 16 floors for 6,900 cars, the government said in a report. The signing of the contract reflected Vinashin's efforts to overcome its financial difficulties, Deputy Prime Minister Nguyen Sinh Hung said.
* Commonwealth Bank of Australia and Singapore's United Overseas Bank Ltd. won approval to raise their stakes in Vietnamese banks. Sydney-based Commonwealth Bank got permission from the central bank to increase its holding in Vietnam International Commercial Joint-Stock Bank to the 20 percent limit from 15 percent now, the State Bank of Vietnam said in a statement on its website Monday. UOB will be able to raise its stake in Southern Commercial Joint-Stock Bank to a similar level.
* Vietnam National Petroleum Corp., known as Petrolimex, purchased Chevron Corp.'s retailing company in Laos, Vuong Thai Dung, deputy chief executive officer told reporters in Hanoi Tuesday, without giving a dollar amount.
* Samsung Electronics Co. plans to boost mobile-phone output in Vietnam to 100 million units annually from 60 million units to increase sales in emerging markets, The Korea Economic Daily reported Wednesday, citing an unidentified company official.