Ever since the country's three largest telcos made a controversial hike in 3G service rates last October, the quality of their services has been declining, customers complain.
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The government has approved a plan to spin off MobiFone from the state-run Vietnam Posts and Telecommunications Group and privatize it, a move that is expected to boost competition in the telecom market.
Keywords: MobifoneTelecomPrivatizationViettelmarketVinaphoneTrung Chinh
Vietnamese American Jennifer Pham, Miss Asia USA in 2006, has been selected as the New Zealand Embassy’s Honorary Tourism Envoy in Vietnam for 2014. She will travel to New Zealand in June to get a 100% Pure New Zealand Tourism experience and will share her New Zealand stories with Vietnamese audiences.
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Farmers harvest coffee in the Central Highlands province of Gia Lai. Coffee exports should get a boost from stronger global demand in 2014 a, according to a report from the Asian Development Bank. Photo: Gia Lai Online
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Facebook CEO and cofounder Mark Zuckerberg's salary was down last year, but don't cry for him. He'll be OK.
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As many as 16,745 businesses have closed down or suspended operations in the first quarter of this year, a 9.6 percent increase year-on-year, according to the Ministry of Planning and Investment.
Nicola Connolly, general director of Adecco Vietnam, has been elected as new chairwoman of the European Chamber of Commerce to replace Preben Hjortlund as he stepped down after two years at the helm.
Bosses from 29 state-owned firms in Ho Chi Minh City will face reprimands, salary cuts, or even the loss of their job if they fail to finish privatizing their firms in the next two years, according to a commitment they signed with city leaders Thursday.
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Vietnam saw a significant surge in foreign direct investment on the last days of last year with the number rising to US$22.35 billion by the end of 2013, up from $21.6 billion half a month earlier, Foreign Investment Agency data showed.
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Another round of gas price hikes greeted Vietnam motorcyclists Wednesday as fuel giant Petrolimex increased prices for the second time this year, citing upward movements on the global market.