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Larger 3G and 4G data packages inevitable

 As internet steadily replaces traditional text messages and calls as well as smart phones are overwhelmingly popular in the market, mobile operators find it a must to come out with low-cost 3G and 4G packages.

Trung Nguyen Group will have to compete with its subsiary

 With the announcement to open 1,000 coffee shops in China, Trung Nguyen International (under Trung Nguyen chairman’s wife Le Hoang Diep Thao) is declaring war on its parent company Trung Nguyen Group.

Vietnam’s automobile market expects a boom in second half of 2018

New vehicle sales in Vietnam declined 5% to approximately 22,000 units in June, according to the Vietnam Automotive Manufacturers Association (VAMA).

Hanoi to hire consulting firm for metro route operation

 Hanoi plans to hire a consulting firm to help guide the operation of Cat Linh-Ha Dong metro project.

Foreign e-comerce firms accept losses in VN

 Many foreign giants have invested in Viet Nam’s leading e-commerce platforms even as they incur big losses, as they continue to see the long-term potential of the country’s rapidly expanding online shopping sector.

Policies encourage renewable energy development

 New preferential policies have encouraged both local and international firms to invest in renewable energy, according to authorities.

Vietnam, Australia bolster ties in key areas: President

As Vietnam and Australia have raised their relationship to the status of strategic partnership, both countries should now step up collaboration in the foundational sectors of economy, trade and investment, security and defence.

Vietnam assocs propose tight control over exports to avoid high US tariff imposition

 Business associations have suggested state management agencies to tighten control over the origins of domestic export goods in a move to avoid risks for Vietnamese firms amidst the simmering US-China trade war.

V.League Round 20 Review: Hanoi FC have one hand on 2018 trophy

 Hanoi FC have a tentative hold on the 2018 V.League trophy after coming from a goal down to seal a thrilling 3-2 victory over FLC Thanh Hoa in the 20th round of play last weekend.

Viettel chief appointed new secretary of MIC Party Committee

 The Politburo yesterday appointed Nguyen Manh Hung, chairman and general director of Viettel as new secretary of the Party Committee of the Ministry of Information and Communications (MIC) for the 2016-2021 tenure.

Local brands partnering with Walt Disney

A number of Vietnamese brands have partnered with Walt Disney to solidify their market positions.

Vietnam & Indonesia strengthen education cooperation

 Indonesia’s Minister of Education and Culture held a bilateral meeting with Minister of Education and Training Professor Phung Xuan Nha on July 23 at the ministry in Hanoi.

Investors watching on weakened yuan

 Investors are concerned over the impact US-China trade tensions and the weakened Chinese yuan are having on the FX and local stock markets, while experts are not considering the worst-case scenarios as of yet.

M&As saw new highlights in the first half of the year

 Vietnam has become an attractive destination for many foreign investors, largely due to the country’s friendly policies encouraging foreign direct investment, its political stability, and its strong economy.

Vietnam to have second Disneyland-esque amusement park project

Once construction begins, the amusement park in Bac Ninh will become the second Disneyland inspired park in Vietnam.

Ice-cream market competition is scorching hot

VietNamNet Bridge - Vietnamese brands are still dominating the domestic ice cream market, but foreign companies are following hard on their heels.

Vietnam telecom revenue exceeds US$7.8 billion in 6 months

 As of July, there were some 124 million phone subscribers in Vietnam, informed the Ministry of Information and Communications (MIC).

VAMC purchases nearly US$12.1 billion in bad debts in 5 years

 The introduction of Resolution 42, which provides special pilot treatment of bad debts at credit institutions, played an important role in VAMC`s recent positive performance.

China remains Vietnam's largest export market in H1

 China was Vietnam`s largest supplier of computers, phones, and machinery in the first six months, according to the General Department of Vietnam Customs (GDVC).

Vietnamese consume too much alcohol: WHO

 Hazardous alcoholic consumption deprives valuable resources to meet the urgent needs of health care and development in Vietnam.