VietNamNet Bridge - Investing billions of US dollars abroad, many Vietnamese corporations have gradually harvested "sweet fruit" in recent years.

VietNamNet Bridge - The Vietnamese pubic, surprised to hear about Lenovo’s spyware, and are now faced with another surprise as the Ministry of Information and Communication (MIC) has stated that most imported computing devices have “back doors”. 

Google’s CEO Sundar Pichai met Vietnamese Prime Minister Nguyen Tan Dung, spoke with Vietnamese startups, and met with young game developer Nguyen Ha Dong and Truong Gia Binh, president of the Vietnamese largest information technology group FPT.

 FPT, Vietcombank, PetroVietnam Gas (PVGas), Vinamilk, and Vingroup are five Vietnamese enterprises that appeared on the Asia300 report, which was released recently by Nikkei Asian Review.

 VietNamNet Bridge - In an interview with Nikkei, Chairman Truong Gia Binh of the FPT Corporation said that FPT aims to implement one or two mergers and acquisition deals each year to expand the market and develop new businesses.

Security experts pointed out that the action by some Vietnamese teenagers breaking into the Anonymous chatting website did not cause any danger, commenting that the behavior was ‘seen’ and ‘easy to implement’.

It is still unclear how the state will sell its stakes in 10 major state-owned enterprises – whether one auction or in many sales campaigns. 

Many ‘100 percent Vietnamese’ names have provided funds for startup projects since mid-2014. Vietnamese venture funds are now targeting retail and technology startups with investment deals worth $50,000-200,000.

The Government has asked the State Capital Investment Corporation to develop a roadmap to sell state capital worth around $3 billion in 10 large State-owned Enterprises. This is considered great news for investors, especially foreigners.

VietNamNet Bridge - Venture funds have been very active in ASEAN countries, but not in Vietnam, despite the need for capital from Vietnamese technology startups.

VietNamNet Bridge - Vietnamese telecommunications companies are finding it hard to tap into unexploited markets.

VietNamNet Bridge - Viettel and FPT both have had to spend big money in their outward investment projects. Meanwhile, the markets are risky with political uncertainties and stiff competition.

VietNamNet Bridge - Both software business and state agencies are facing difficulties in providing and receiving IT outsourcing services because of unclear regulations.

VietNamNet Bridge - Vietnam is a very promising market for game developers but Japanese games remain unpopular in Vietnam for a variety of reasons.

VietNamNet Bridge - Many information technology (IT) firms have decided to focus on developing software for mobile devices, because of its high profits. However, they cannot find enough workers.

Around 91 per cent of businesses in Viet Nam expect to virtualise at least 30 per cent of their IT infrastructure in the next two year, according to a survey conducted by VMware Inc .

VietNamNet Bridge – They are rich and have odd hobbies which easily differentiate them from each other and from ordinary folk.

Vietnamese software firms have signed many contracts worth millions of dollars with US partners.

 FPT Information System Company (FPT IS) has secured a contract to develop an enterprise resource planning (ERP) system for United Paints Group (UPG) in Myanmar after one year of operation in that market.

Air ticket prices unchanged by fuel cost cuts; Vingroup starts work on hotel, office project; Long Thanh airport’s economic efficiency should be clarified; Christmas decorating services bloom in Vietnam; Banks vie over consumer loans towards year-end