News
Viettel on course to achieve overseas sales target of $1.5b
Viettel Group’s is likely to achieve its ex-Việt Nam revenue target of US$1.5 billion this year, thanks to a sudden spurt in sales in some of its new markets. Laos and Cambodia are considered the two best and steadiest international markets for Viettel. Unitel, Viettel’s Lao ...
In meeting with Prajin, Facebook reiterates firm stand on users’ privacy
Facebook on November 17 reaffirmed its policy of protecting users’ privacy in a meeting with Deputy Prime Minister Prajin Juntong. Prajin will seek to meet with Mark Zuckerberg, the Facebook founder and chief executive officer, when attending the Asia Pacific Economic Cooperation Summit in Peru this ...
Surveys underway on Vientiane-Hanoi highway route
Surveys are underway to identify possible routes for the Vientiane-Hanoi highway, which could pass through up to three Lao provinces to link the two capitals but the route has yet to be determined. Laos and Vietnam have being conducting preliminary surveys of three possible routes ...
Trend of disruptive technologies to affect daily lives increasingly
Business needs to adapt to confront and catch up to the coming disruptive technologies and innovation, which will have a drastic effect on people’s daily lives, a seminar heard on November 16. Bala Chakravarthy, professor of strategy leadership and execution at IMD Southeast Asia, said ...
Creativity vital to progress of society, economy: Adobe study
Adobe Systems, a US-based multinational computer-software company, sees strong growth in use of its Creative Cloud product in Asia-Pacific countries because the number of subscribers outside the United States grew almost 50 per cent as of end of the third quarter. The 46-per-cent year-on-year subscription ...
Gov’t to borrow over $1B this year: report
The government expects to borrow nearly $1 billion from external creditors this year, primarily for infrastructure development, pushing the national debt over $6 billion, according to a report issued on November 4 by the Ministry of Economy and Finance. About a third of this amount, some ...
Việt Nam to build more transparent gov’t, continue restructuring economy
Deputy Prime Minister Phạm Bình Minh said on November 3 at the Việt Nam Summit 2016 that the country would continue to focus on restructuring the economy, renewing its growth model and integrating into the global production and value chain. Minh, who is also Minister of ...
Spectrum licences up for grabs
The government announced on November 2 that it will hold its first public auction for 4G spectrum frequencies, with two licences up for bid on frequencies reassigned after their original licence-holders failed to utilise them. The two licences cover the 800 MHz and 2600 MHz band ...
