VietNamNet Bridge – Vietnam Electricity Group (EVN) and Vietnam Oil and Gas Group (PVN) will be banned from investing in real estate, banking, insurance and stock market, said the Ministry of Finance.

 VietNamNet Bridge – The Ministry of Information and Communications signed its decision to revoke a telecom licence for the Viet Nam Multimedia Corporation (VTC) on Tuesday.

VietNamNet Bridge – The Ministry of Information and Communications is going to revoke the virtual mobile network license of Vietnam Multimedia Corp. as the firm failed to launch service within the scheduled time limit,

VietNamNet Bridge – Tough competition plus saturated demand in the local mobile telecom industry forced many firms to either pull out of Vietnam or to make offshore investments last year.

 VietNamNet Bridge – Telecommunications companies will be restructured this year to ensure that there are only three or four healthy companies in the market.