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Amid the COVID-19 outbreak, key steps have been taken to keep operations running despite lockdowns in other countries. For example, the article said, engineers from two major international electronics manufacturers were allowed to enter Vietnam earlier this year to ensure their factories continued to run at full capacity. The government also collaborated with local businesses to ramp up production of personal protective equipment (PPE) for essential workers, helping them to gain access to global markets. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JULY 10

According to the experts, the deal will also prove to be greatly positive for GMobile, which currently only operates a 2G network. Despite receiving 4G spectrum and licences in 2016, it appears that the operator has not made any meaningful progress in deploying LTE technology. This is surprising, given that it does not have any 3G spectrum; instead, it has been relying on offering basic 2G call, text and data services at low prices - catered primarily to lower-income and rural subscribers - to gain market share. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JULY 11

Besides Tuyen, several others were also investigated last year regarding state-owned firm Sagri. They include Van Trong Dung, former chairman of the Sagri board of members, Nguyen Thi Thuy, former head accountant of Sagri, Nguyen Thanh My, former deputy head of Sagri’s planning and investment department, and Le Tan Hung, former general director of Sagri. Hung is a younger brother of former HCMC Party Chief Le Thanh Hai. … [Read more...] about Top HCMC official probed for state-owned property botch-up

According to the conclusions of the Party Central Committee’s Inspection Commission, Hoàng personally showed a lack of good example and had committed self-interested behaviour when receiving and appointing his son Vũ Quang Hải as an inspector of the Việt Nam National Tobacco Corporation (Vinataba), and allowing him to join the Board of Directors and take the position of Deputy General Director of the Saigon Beer-Alcohol-Beverage Company (Sabeco). Hoàng also violated the Party Central Committee’s regulations on not-to-dos for Party members, the Law on Corruption Prevention and Control, and the Secretariat’s regulations on officials and Party members’ responsibility to show good examples. He did not follow the Party and State law on principles, procedures and criteria in personnel management while incorrectly directing and implementing the working regulations of the Party Delegation in presenting the Hero of Labour title to the … [Read more...] about Former trade minister to be prosecuted for State asset misuse

The US values the cross-cultural role played by the nearly 30,000 Vietnamese students studying in the United States and more than 1,200 Americans studying in Vietnam annually, he said, adding “we look forward to Fulbright University Vietnam graduating its first class of undergraduates in 2023.” … [Read more...] about Secretary of State Pompeo’s statement on 25th anniversary of VN-US diplomatic relations