Category: Vietnam
CMC Telecom in deal with Indonesia partner
Telin International Telecom Company, a subsidiary of Indonesia’s biggest telecom group PT Telekomunikasi, signed a deal with Vietnam’s CMC Telecommunication [...]
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Hanoi invests big to modernise post-telecommunication
Hanoi plans to invest approximately 8 trillion VND (374 million USD) to modernise its post and telecommunication infrastructure during 2012-2020 period. The capital [...]
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58pct of Vietnamese use Internet: Nielsen
There are up to 58 percent of Vietnamese using the Internet with an average using duration of 16 hours per week, according to a survey of Nielsen Vietnam on Internet use in [...]
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Steelmakers object to power price discrimination
Steelmakers have voiced their concerns about the possibility of the power price for them being hiked higher than the common tariff this year, and blasted authorities for the [...]
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Making mineral water means turning water into money
While the businesses in most of the sectors of the national economy are undergoing full hardships, mineral water manufacturers remain unruffled. Mineral water manufacturers [...]
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Vietnam’s weak supporting industry hinders Japanese expansion
Many Japanese investors have complained that they cannot expand investment or production in their Vietnamese projects because the local supporting industry is not adequately [...]
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Retail giants target Vietnam
Foreign retail giants have shown their interest in developing modern retailing in Vietnam by pouring money into trade centres and supermarkets. According to the Institute of [...]
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Breach of competition law seen in drug market
Signs of violation of the Competition Law have emerged in the pharmaceutical market of Vietnam, said Nguyen Phuong Nam, deputy director general of the Vietnam Competition [...]
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Buyers hunt land lots in Hanoi outskirts
Although many housing projects have recently offered their products for sale to cash in on the VND30-triliion home loan that has just started rolling and prices have [...]
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Price cuts spark concern over apartment quality
Many housing project owners are seeking to switch to the low-cost segment to cope with a buildup of their unsold homes, sparking concern that the quality of apartments may [...]
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Business Briefs June 18
* Switzerland-based healthcare company Hoffman – La Roche has proposed to cooperate with HCM City Department of Health and the HCM City Department of Information and [...]
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Vietnam’s trade deficit at only $560m in May: Customs
General Department of Vietnam Customs has recently announced a detailed report on the country’s export and import situation in the first five months of this year. [...]
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Govn’t upbeat about VN-EU FTA prospect, businesses worry
The government is trying to speed up negotiations for the realisation of the Vietnam- EU Free Trade Agreement (FTA) by the end of 2014, while some local experts and [...]
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Vietnam Estimates to Cut 37.7tr dong Tax in 2013: deputy PM
Vietnam plans to cut and reduce total of VND37.7 trillion ($1.8 billion) worth of taxes to support enterprises in 2013, the deputy prime minister Nguyen Xuan Phuc said today. [...]
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Mozambique calls for Vietnamese investments in multi-sectors
Mozambique is calling for investment from Vietnam into many sectors, said a high-ranking senior state of official of the Southeast African country at a recent business forum [...]
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