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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.

Hanoi’s households still face serious flooding

Several days after the downpours, hundreds of households in Hanoi’s outlying district of Chuong My are still facing severe flooding.

Many mountainous communes in Yen Bai still isolated

By July 23, many routes leading to mountainous communes in Van Chan district, Yen Bai province had still been cut off by prolonged floods and severe landslides.

Industry 4.0 made a top level priority

With Vietnam’s leadership determined to boost the economy’s future development in the era of Industry 4.0 with concrete action plans, more business opportunities will be at domestic and foreign technological investors’ fingertips.

Thai Beverage vows to overhaul Sabeco following $5-billion takeover

 Thai Beverage drafts out various plans to revamp Sabeco, right after it takes up dominant roles at the latter’s management board today. 

Two road projects cancelled by Ministry of Transport

 VietNamNet Bridge – The Ministry of Transport has decided to cancel two national highway projects.

Chon Auction House offers the 15th auction session in Hanoi

 The Hanoi-based Chon Auction House is preparing for an auction of paintings by Vetnamese famous artists that will take place in Hanoi on July 29.

FDI strategy to become proactive

Vietnam’s attraction of next generation of foreign direct investment in high value-added sectors should be proactively, rather than retroactively, sourced to sustain the nation’s socioeconomic development and competitiveness.

PM approves of Hanoi’s hosting SEA Games 31 and Para Games 11

 VietNamNet Bridge – Prime Minister Nguyen Xuan Phuc has approved Hanoi’s hosting of the 31st Southeast Asian Games (SEA Games 31) and the 11th ASEAN Para Games (Para Games 11) in 2021.

National youth weightlifting champs flex up in Hai Phong

 VietNamNet Bridge – Nearly 150 athletes are competing at the National Youth Weightlifting Championships in the northern port city of Hai Phong.