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.

In Vietnam, Metro Cash & Carry, Adidas registered their business as wholesalers. However, in fact, individual clients still can buy goods directly from the distributors.

Conducting transfer pricing, evading tax, running away with unpaid debts – all of the behaviors of foreign invested enterprises (FIEs) have caused big headaches to the Vietnamese management agencies.

While the government weighed and measured out every dong of the bailouts to businesses, ministries tried everything they could to impose higher charges and fees on enterprises, which were nearly at the point of death.

The best thing of the 2012 is the stabilization of the dong/dollar exchange rate. The worst is the bad business performance of commercial banks.

The biggest blunder made by Mai Linh, Thai Hoa, TNG or HQC, the giants in their business fields, was that they were burning to make investments to expand business. The overly hot development has made them lose control and fall into the default.

The words “taking off” or “in full swing” have not been used any more when talking about the prospect of e-commerce in Vietnam, because they were used many years ago and the predictions did not come true.

Vietnamese businesses, which have a small production scale and earn modest money, are not ready to spend money on advanced technologies which allow to make clean products.