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Info ministry's chief inspector arrested for gambling ring cover-up

Police investigators in the northern province of Phu Tho have detained Dang Anh Tuan, chief inspector of the Ministry of Information and Communications, for allegedly providing protection for a multi-million-dollar online gambling ring.

 

MobiFone licensed to pilot 5G

Mobile carrier MobiFone has been licensed to pilot a fifth-generation (5G) mobile service, making it the second telecom carrier in the country to secure permission to launch the service on a trial basis, after Viettel.

 

Vietnam to host 2020 AFC U-16 and U-19 Championship qualifiers

Vietnam has been assigned to co-host the 2020 AFC U-16 and U-19 Championship qualifiers, to be held later this year, by the Asian Football Confederation (AFC).

22 people detained for involvement in online gambling ring

Investigators of the Ministry of Public Security (MPS) have issued arrest warrants for 22 people who are allegedly involved in a large-scale online gambling ring, operating on the Fxx88.com website.

 

Risks in fledgling condotel segment

Despite the lack of a legal framework and phantasmagoric profit commitments, condominium-hotels (condotels) have been one of the most attractive property products among buyers.

 

Improving life insurers’ bottom line

Life insurers in Vietnam once again reported losses in 2018 despite ballooning revenue, continuing an alarming trend for their bottom line.

Vietnam among YouTube’s biggest markets

Vietnam is one of five of YouTube’s biggest global markets, based on how long users spend watching videos on the site, according to Ajay Vidyasagar, Asia Pacific regional director at YouTube.

 

CPTPP smooths path to Canadian market for Vietnamese goods

Canada had become a promising market for Vietnamese goods following the signing of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), heard a workshop in Ha Noi on Thursday.

 

Vietnamese, Indian coast guards step up cooperation

The fruitful cooperation between Vietnamese and Indian Coast Guards will contribute to enhancing mutual trust and promoting collaboration in other spheres between defence ministries of the two countries, said a Vietnamese high-ranking officer.

 

FDI in Vietnam reaches record level in four months

FDI in VN witnessed a significant yearly increase of 81 per cent to US$14.59 billion in the first four months of the year, the Foreign Investment Agency under Ministry of Planning and Investment announced on Wednesday.

 

First mobile virtual network operator launched in Vietnam

Indochina Telecom Company on April 25 in Hanoi launched Vietnam's first mobile virtual network operator (MVNO) – Itelecom, becoming the sixth telecoms provider in the country.

 

Da Nang bans plastic bottles at official meetings

The Danang City authorities have asked local departments to stop using plastic products at work and banned plastic bottles at official meetings and conferences.

 

Cyber-attacks double in Q1: VNCERT

Up to 4,770 cyber-attacks on Vietnamese websites were reported in the first quarter of 2019, doubling the figure recorded in the same period last year, according to the Vietnam Computer Emergency Response Teams (VNCERT).

 

BUSINESS NEWS 26/4

RoK investors offer huge opportunities for Vietnamese startups

 

Diabetes takes 80 lives in Vietnam per day

Some 3.53 million Vietnamese people are living with diabetes and almost 29,000 die of this disease annually, or 80 deaths each day, VnExpress reported, citing a health official.

 

Extracting the most in circular economy value

Vietnam’s initiative to build a circular economy, aimed at tackling pollution and achieving more sustainable development by reusing and recycling defunct products, has attracted the participation of several foreign businesses.

Better regulations for higher FDI flows

Vietnam represents an attractive ­venture for investing in technology companies and aspirational startups, but there is work to be done to create a more efficient legal framework to unlock the country’s true ­potential.

 

Massive production relocation from China to Vietnam spikes surge in labor demand

China was the largest source of greenfield Investment in Vietnam in Q1/2019 with US$732.2 million, accounting for 18.9% of the total.

Japan’s Taisho Group takes control of Vietnam’s DHG Pharmaceutical

Japan-based Taisho Pharmaceutical has lifted its holding in Vietnam’s Duoc Hau Giang (DHG) Pharmaceutical to over 50% and turns the latter into one of its subsidiaries, Taisho has said in a filling to the HCMC Stock Exchange.

 

Project to improve ethnic minority children’s access to education

A project designed to help girls, especially those in ethnic minority areas, get access to education, was launched by UNESCO in Hanoi on April 25.