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Gtel Mobile, the owner of Gmobile network, has signed a principle agreement with the giant Vietnam Post and Telecommunication Group (VNPT) on roaming services. No agreement of this kind was inked in the past.
Vietnamese enterprises have geared up to prepare to boost their exports to the Japanese market – the market which is believed to open more widely after the official visit by the newly elected Japanese Prime Minister Shinzo Abe.
Analysts now bet on the fate of Air Mekong after hearing that the private airline cannot pay for fuel. Pacific Airlines still has reported loss for the last five consecutive year of operation.
Despite some worries about Vietnam’s national economy performance, foreign investors in Vietnam still believe that Vietnam is a “gold mine.”
VietNamNet Bridge – Vietnam plans to fulfill the program on developing wired and wireless broadband infrastructure by 2020. However, it is very likely that the program would be completed before the deadline.
Every square meter of land in the areas is priced at billions of dong, which is equal to the price of an apartment in new urban areas.
VietNamNet Bridge – A lot of well-known US ice cream brands have jumped into Vietnam, or they are considering penetrating the market.
The number of Vietnamese businesses have been decreasing sharply in recent years, according to official reports by state management agencies.
The cash flow has been heading for the stock market since the beginning of the year. However, it’s still unclear if the tendency is stable.
Power companies all have reported big profits for 2012 with the profits up by 1.5-4 times in comparison with the last year. Meanwhile, the Electricity of Vietnam (EVN) expects the profit of VND3.5-4 trillion.
The new standards for general education accreditation applied as of January 2013 have made schools puzzled, because they don’t know what they have to do to be recognized as the national standard schools.
Not only the powerful conglomerates from the US or Europe, but the big economic groups from South East Asia also attempt to take over Vietnamese businesses.
VietNamNet Bridge – An American investment fund has doubled its investment in Masan Consumer Corporation based on its trust in the potential development of Vietnam.
Retail industry draws investors; MoF to refund tax on plastic bags; Garment makers optimistic for 2013; Southern trade bloc does well; Mergers, acquisitions expected to boom this year; Dung Quat oil refinery targets 6.5 million tonnes of products
Rumors have been spread out that Air Mekong, a private airline, may have to stop flying because of the big debts it cannot pay to partners.
The Prime Minister has given the nod to the plan on merging Western Bank into PetroVietnam Finance Corporation (PVFC). This proves to be the can’t-be-better way out for all the involved parties.
All the policies relating to the tourism industry have been bringing benefits to resort developers and tourism project investors, but no benefit to local residents.
The Ministry of Finance plans to put software products onto the list of products subject to the 10 percent value added tax (VAT). If this comes true, this would put big difficulties for software firms.
Hundreds of people flock to the Con Quan dumping ground in Phu Son ward of Thanh Hoa City every day to scratch garbage for scrap materials. They work in shifts and have to pay 3000 dong to have the right to work on the ground.
Ministry urges companies to quicken disbursement; Consumer goods import still strong; DOC cancels antidumping review on Agifish; Vietnam-Thailand road extension mulled; Billion-dollar steel projects get moving