To prepare for the country’s stronger acceleration of digital transformation with commercial launch of 5G this year, groups such as Viettel, VNPT/Vinaphone, and MobiFone are working with MNCs on specific products and solutions for their future journeys. With similar approaches and specific plans, the race among the MNCs is forecast to be further heated in the upcoming months to come. … [Read more...] about Tech giants building on ICT potential
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Third Party Congress: Building socialism, reunifying country
The 3rd National Congress of the Vietnam Workers’ Party takes place in Hanoi from September 5-10, 1960 (Photo: VNA) Workers and people in the southern region confront US invaders in 1964. (Photo: Archives VNA) Under the rain of bombs and bullets, soldiers, volunteers and militias build the Truong Son-Ho Chi Minh trail. The legendary trail, built from 1959 to 1975, made an important contribution to the victory of the resistance war against the US, becoming a symbol of Vietnam's revolutionary heroism in the 20th century. (Photo: VNA) President Ho Chi Minh meets with Kaysone Phomvihane, head of the Lao Party and Front delegation, during the latter’s friendship visit to Vietnam in 1966. (Photo: VNA Archives) President Ho Chi Minh meets Prince Norodom Phurissara, Minister of Foreign Affairs of Cambodia, during the latter’s visit to Vietnam, January 10, 1968. (Photo: VNA Archives) President Ho Chi Minh and members of the Politburo attend a … [Read more...] about Third Party Congress: Building socialism, reunifying country
M&A boom building up steam in Vietnam
A rise in both the number and the value of mergers and acquisitions (M&As) in Vietnam last year and early this year have signaled that M&As are booming in the country. According to auditing firm Pricewater House Coopers (PwC)’s statistics, there were 295 M&As worth a combined 1,138 million USD in the country last year, up 77 percent over the previous year. In the first quarter of this year, the market was more ebullient with larger acquisitions: the Vietnam Industrial and Commercial Bank (Vietinbank) sold 10 percent and 15 percent of its statutory capital to the International Finance Corporation (IFC) and Canada ’s Nova Scotia Bank respectively, and VNPT Global sold 10 percent of its shares to the Singapore Technologies Telemedia (ST Telemedia). Notably, the Hung Vuong Fishery Joint Stock Company (HVG) offered to buy 3.75 million shares of the An Giang Fishery Import-Export Joint Stock Company (AGF) in a bid to raise its share in AGF to 51 … [Read more...] about M&A boom building up steam in Vietnam
City allocates land for physical training and sports facilities
The department will work with the city’s Department of Culture and Sports to advise the People's Committee on annual sport activities, sport competitions at the high school level, and improvement of the activities of the sport federation. … [Read more...] about City allocates land for physical training and sports facilities
Bird’s nest exports set to soar
In recent years, the Ministry of Agriculture and Rural Development (MARD) has actively promoted exports of bird’s nests to foreign markets, including China. Due to the impact of the COVID-19 pandemic, negotiations to export the product to China have mainly been conducted via online meetings and procedures are almost completed, said Deputy Director of the MARD's Department of Livestock Breeding Nguyễn Văn Trọng. … [Read more...] about Bird’s nest exports set to soar
