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Illustrative image (Photo: Shutterstock) Hanoi (VNA) – An incident occurred on the Asia-Africa-Europe 1 (AAE-1) undersea communication cable, affecting Internet connection from Vietnam to Singapore from September 27 morning, a representative from an internet service provider (ISP) in Vietnam announced on September 28. AAE-1 was the first undersea cable system connecting all regions of Asia, the Middle East, Africa, and Europe with the lowest latency between those regions. AAE-1 is connected to the world's largest data centres. It was put into operation in July 2017 to improve the quality of internet connection s towards Europe and the Middle East, and at the same time added capacity and backup to connections to Hong Kong (China) and Singapore. Currently, the cause of the incident on the AAE-1 cable has not been determined. ISPs in Vietnam have not received any notice of expected repair and troubleshooting plans from units that manage the cable. Previously, the … [Read more...] about Incident disrupts intnernet connection on Asia-Africa-Europe 1 undersea cable

Apple authorized resellers across Vietnam began iPhone 15 deliveries at 00:00 on Friday. Customers started lining up to get the new iPhone 15 at shops in Ho Chi Minh City at midnight the day before the launch. FPT Shop, a retail chain owned by Vietnamese technology firm FPT, organized an iPhone handover event at three of its stores in Hanoi, Ho Chi Minh City, and Da Nang City. At an FPT Shop outlet on Le Loi Street in downtown Ho Chi Minh City, its employees were busy handing over the first iPhone 15s to customers from 0:01 on Friday. A representative of FPT Shop, which is the first retailer in Vietnam to directly import Apple’s entire line of products, said that the chain had received over 30,000 pre-orders for the iPhone 15. The retailer handed over more than 5,000 iPhone 15s in its first few minutes of sales. Similarly, customers, mainly young people, began picking up iPhone 15s at mobile retailer The Gioi Di Dong’s TopZone store on Khanh Hoi Street in District 4, Ho … [Read more...] about Apple’s iPhone 15 goes on sale across Vietnam

During the event, officers from the Coast Guad Region 2 Command updated ethnic minority people in An Lao district with information related to national sea and islands’ situation, policies for ethnic minority groups, mass mobilization work in ethnic minority areas. According to Senior Colonel Tran Hong Que, Deputy Political Commissar of the Coast Guard Region 2 Command, the command took the occasion to hand over 100 Uncle Ho’s portraits and present 100 gifts, worth VND 1 million each, to needy ethnic people in An Lao district, Binh Dinh province. Meanwhile, the command’s working mission visited and presented gifts to An Lao Ethnic Boarding School; gave a television to the school’s library and 20 gifts to ethnic minority students with excellent academic results. Translated by Quynh Oanh … [Read more...] about “Coast guards stand side by side with ethnic minority people and religious followers” program held in Binh Dinh

On behalf of the Ministry of National Defense’s leadership, Lieutenant General Le Quang Minh, Deputy Director of the General Department of Political Affairs of the Vietnam People's Army, presided over the meeting. During the meeting, Lieutenant General Le Quang Minh personally inquired after, and on behalf of the Ministry of Defense, presented gifts to 65 national contributors from Kien Giang province who have contributed significantly to the national revolutionary cause. He also shared key highlights of the military's policy work and the gratitude movement that has taken place within the military recently. Addressing the meeting, Mr. Dang Hong Son, Director of the Kien Giang provincial  Department of Labor, Invalids and Social Affairs, expressed his thanks for the warm reception of the Ministry of National Defense. He held that in recent years, the Party Organization, authorities, armed forces, and people of Kien Giang have consistently overcome challenges and demonstrated … [Read more...] about Defense leader presents gifts to national contributors from Kien Giang

The index closed 1.7% points higher. It has dropped nearly 39 points this week. Trading on the Ho Chi Minh Stock Exchange (HoSE), on which the index is based, fell 12% to VND13.96 trillion ($575.20 million). The VN30 basket, comprising the 30 largest capped stocks, saw 10 tickers gained. VIC of private conglomerate Vingroup rose 4.1%, followed by BCM of Becamex Investment and Industrial Development with a 3.4% increase. VRE of retail real estate arm Vincom Retail rose 2.6% and VPB of private lender VPBank closed 2.4% higher. Fourteen blue chips fell. CTG of state-owned lender VietinBank lost 2.6% and SSI of leading brokerage SSI Securities Corporation dropped 1.5%. Foreign investors were net sellers to the tune of VND537 billion, mainly selling CTG and VCI of Viet Capital Securities. The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.79% while the UPCoM-Index for the Unlisted Public Companies Market gained 0.38%. … [Read more...] about VN-Index steadies after stormy week

Chairman Huynh Quang Hung announced Thursday that he has asked the People's Supreme Court in Ho Chi Minh City to reject a previous decision made by the People's Court in Kien Giang Province, home to Phu Quoc Island. The Kien Giang court ruled last month that chairman Hung violated regulations on coercive demolitions of illegally construction projects when deciding to take down two villas owned by Vu Dinh Khanh and Le Xuan Hong. Khanh and Hong sued the chairman of Phu Quoc, Vietnam's largest island, for causing them asset losses when dismantling villas against the rules. Kien Giang authorities deployed a team to inspect the encroachment of public and forest land on Phu Quoc Island back in early 2022. The inspectors later discovered 2,300 violations, including illegal building of 79 villas, including those of Hong and Khanh. As decided by the province, Phu Quoc had to take down those illegal villas. According to the verdict, Khanh and Hong had built their villas on land … [Read more...] about Villa owners sue Phu Quoc chairman for forced demolitions

The new store opened on September 29 at Vincom Mega Mall in Times City and is seen as the first step on the journey to conquer the Hanoi market, with more stores to open there in the near future. Matsukiyo stores are home to a diverse range of genuine products from reputable global brands, along with Matsukiyo’s exclusive products such as The Retinotime and Argelan. Customers can find a variety of skin care cosmetics, makeup, functional foods, with products from Japan and Vietnam, as well as other countries. All products at the store have clear origins and are guaranteed safe. Hiroki Miyaoka, managing director of Matsukiyo Vietnam, said, "Vietnamese people’s awareness of health and beauty has increased compared to three years ago, when we opened our first store in Ho Chi Minh City." “We have identified the Hanoi market as an important stage in our expansion strategy. As a cultural, economic, and political centre, Hanoi represents the diversity and potential of the … [Read more...] about Matsukiyo to open new store in Hanoi

Vietnam's gross domestic product growth accelerated in the third quarter from the previous three months, data showed on Friday, but fell short of this year's growth target as dull demand for exports overshadowed support from monetary easing. GDP in the July-September quarter is expected to have grown 5.33% from a year earlier, faster than the 4.05% expansion in the second quarter, the General Statistics Office said in a report on Friday. Capital Economics said the worst for Vietnam's economy was over but growth remained subdued by past standards. With inflation becoming a growing concern, however, it did not expect a further rate cut from the central bank. The third-quarter figure was much slower than growth of 13.71% in the same period of 2022, when its manufacturing-led economy managed a post-pandemic pickup following a 6% quarterly contraction in 2021. Factory powerhouse Vietnam is targeting growth of 6.5% this year, down from 8.02% last year, but most economists expect … [Read more...] about Vietnam sees Q3 GDP growth capped by weak external demand

The delegation consisted of a defense attaché from the Singaporean Embassy in Vietnam and ten officers representing the Navy, the Air Force, and the Army of Singapore. During the visit, the Singaporean young officers were briefed by Senior Colonel Tran Hong Que, Deputy Political Commissar of Coast Guard Region 2, on the functions and responsibilities of the Vietnam Coast Guard, as well as the development and significant achievements of Coast Guard Region 2 over the past 20 years. According to Senior Colonel Tran Hong Que, in recent years, the unit has conducted inspections, apprehensions, and legal proceedings related to illegal trading and transportation of oil and petroleum products at sea in accordance with Vietnamese law. They have also cooperated with specialized units from the Ministry of Public Security, the Vietnam Border Guard Command, and the General Department of Customs to investigate and uncover numerous cases related to drug trafficking at sea. The unit has actively … [Read more...] about Singaporean young officers visit Coast Guard Region 2 Command

A foreign-invested footwear material factory in Thuan An city, Binh Duong province (Photo: VNA) Hanoi (VNA) – Many foreign press agencies have run articles featuring Vietnam’s economic growth, pointing to rosy signs in its recovery. French wire service AFP cited statistics by the General Statistics Office (GSO) showing the economy grew 5.33% in the July-September period from a year earlier, and that loan interest rate reductions, an extension of tax payments and increased public investment had a positive impact. Nikkei Asia also said the growth was accelerated thanks to tourism, noting “the services sector helped boost economic output during the three months through September, driven mainly by retail and tourism. The sector is estimated to account for about 40% of Vietnam's GDP.” “Travelers returned to popular destinations like the central city of Da Nang, with the number of foreign visitors entering the country from July to August reaching 2.25 million, already … [Read more...] about Foreign media upbeat about Vietnam’s economy