Estimated reading time: 6 minutes
Vietnam brand Mobistar eyes India smartphone pie with dual selfie camera smartphones
India will soon have another smartphone brand, and this time it will, strangely, be from Vietnam. But Mobistar, a brand which has been selling smartphones since 2009, is not coming in without a plan. Mobistar Group CEO Carl Ngo is looking at India because is has the size that everyone wants to be in. “Despite […]
World Economic Forum on ASEAN to be held in Vietnam
The World Economic Forum (WEF) on ASEAN 2018 will be held in Hanoi, Vietnam from Sept 11-13, the event’s organising committee said on Thursday. Xinhua news agency reported. WEF on ASEAN 2018 will feature entrepreneurship and the fourth industrial revolution, with the expected participation of ASEAN’s political, business, academic and civil society leaders, as well as […]
Dust storms kill dozens in India
At least 76 people have died and scores more were injured in fierce dust storms that hit the northern Indian states of Rajasthan and Uttar Pradesh. The storms on Wednesday disrupted electricity, uprooted trees, destroyed houses and killed livestock. Many of the dead were sleeping when their houses collapsed after being struck by intense bursts […]
ASEAN+3 economies to grow slower in 2018-19
MANILA – Half of the ASEAN+3 economies are projected to grow at a slower pace in the next two years, reducing the region’s overall growth rate, reports the ASEAN+3 Macroeconomic Research Office (AMRO). ASEAN+3 includes 10 ASEAN economies and three other large economies—China, Japan and South Korea. Seven of the 13 economies that are predicted to […]
Lazada to close Hanoi office, one hundred employees affected
Lazada is closing offices across Southeast Asia and Hanoi has not managed to dodge the axe. Lazada Vietnam has confirmed closing its Hanoi office and move all operations to Ho Chi Minh City. The reason provided is not clear as the firm only cites ambitions to unify management and make training easier. A report by […]
More companies lift foreign ownership limit to 100%
Three companies have opened up the foreign ownership limit to 100%, the State Securities Commission announced. They include Vietnam-Italy Steel JSC (VIS), Petrovietnam Fertilizer & Chemicals Corp (DPM) and confectionery Kido Group (KDC). This decision was approved in the three companies’ annual shareholders meetings this year. These companies are among the leading ones in their […]
Uphill both ways: Vietnamese students brave jungles, snakes for a shot at education
Ethnic-minority students have long been the subject of harrowing tales recounting school commutes laden with dangerous mountain climbs and river crossings in Vietnam. For one group of ethnic-minority students in the northwestern region, the distressing commute comes in the form of a six-hour-long jungle trek, over streams and along cliffs, to make it between school […]
Mui Ne beaches face serious erosion
Mui Ne is losing its beautiful beaches to serious erosion which is damaging seaside resorts while local authorities have yet to find a solution. The beach resort town in the southern province of Binh Thuan is now deserted as many tourists have decided to leave or not to come after seeing the situation. A Mui […]
Kraig Biocraft certified to operate in Vietnam
Kraig Biocraft Laboratories Granted Long Sought License for Business Operations in Vietnam; Prepares for Grand Opening Issuance of License seen as the most significant commercial event in the biotechnology Company’s development of spider silk based materials Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company”), the leading developer of spider silk based fibers, is very happy to […]
Vietnam vows to build smart cities despite huge challenges
Vietnam targets building at least three smart cities in 2017-2020. But to reach that goal, it needs to have better infrastructure, more money and a more qualified workforce. According to the Ministry of Information and Communication (MIC), the biggest problem is that technical infrastructure cannot catch up with rapid urban development, causing traffic jams, lack […]