Vietnam Business News
Vietnam Business News |
- Vietnam branded mobile phones booming
- Delta tourism to go through the roof
- First cruise port opens in Phu Quoc
- Attract, engage and retain investors
- Engineering a breakthrough
- Shell has LNG dream to grow
- Vietnam Airlines may raise domestic airfares
- Plant to help ease dearth of power
- Dialing in telco survival plans
- Phu Quoc mega project threat
Vietnam branded mobile phones booming Posted: 18 Sep 2011 08:23 PM PDT The debut of a series of mobile phones with Vietnamese brand names from late 2010 has led to fierce competition in the market. After An Binh telecom company released Q-Mobile and FPT launched FPT-Mobile in 2008 and 2009, the market now has dozens of Vietnamese brand name mobile phones, including Avio by VNPT, Bluefone by [...] |
Delta tourism to go through the roof Posted: 18 Sep 2011 08:22 PM PDT The Mekong Delta is emerging as a tourism investment hotspot. A Saigontourist representative just unveiled the holding company would kick-off the construction of its four-star Saigon-Vinh Long hotel in Vinh Long city in the Mekong Delta at a cost of VND157 billion ($7.58 million) in the first quarter of 2012. The prospective hotel, consisting of [...] |
First cruise port opens in Phu Quoc Posted: 18 Sep 2011 08:21 PM PDT Phu Quoc Marina Co Ltd yesterday launched into operation its Duong Dong – Phu Quoc Marina cruise port in Phu Quoc island district of the Mekong Delta province of Kien Giang for the first stage of operation. The first of its kind on the island, the port can receive and dock around 50 high-class cruise [...] |
Attract, engage and retain investors Posted: 18 Sep 2011 08:20 PM PDT "Focus on the 3Ms, namely, the message, market and media." Phua Koon Kee Phua Koon Kee, CEO of Aquarius Vietnam, has spent 20 years in Vietnam having held board and senior leadership positions at American Standard, ICI Paints and DQ Glass. He tells VIR that it is imperative for companies to engage with existing shareholders [...] |
Posted: 18 Sep 2011 08:20 PM PDT An engineer at Toyota Motor Vietnam Company is refusing to back down in his fight against the company he feels has besmirched him. Le Van Tach, who in May stepped forward to expose technical flaws in all Toyota Motor Vietnam (TMV) models, told VIR he had evidence showing TMV had tried to "cheat" customers and [...] |
Posted: 18 Sep 2011 08:19 PM PDT Global giant Shell is eager to pump liquefied natural gas and related technology into Vietnam. Thanh Le, general director of Shell Vietnam, told VIR that the world's leader in manufacturing and exporting liquefied natural gas (LNG) saw Vietnam as having great energy investment potential. "In South East Asia, Vietnam will surpass Malaysia and Thailand as [...] |
Vietnam Airlines may raise domestic airfares Posted: 18 Sep 2011 08:19 PM PDT National flag carrier Vietnam Airlines (VNA) is mulling over a plan to increase domestic airfare by 1.5 times to cope with rising inflation. Pham Ngoc Minh, VNA General Director, said that the increased fees are expected to offset rising fuel prices. Minh added that, if the government approves the proposal, fees will be increased by [...] |
Plant to help ease dearth of power Posted: 18 Sep 2011 08:18 PM PDT Vietnam's power industry yesterday took another step to ease the nation's power shortages. AES-VCM Mong Duong Power, a joint investment between US' AES Corporation (51 per cent), Korea's Posco Power Corporation (30 per cent) and China's Investment Corporation of China (19 per cent), kicked-off its coal-fired power plant Mong Duong 2 in northern Quang Ninh [...] |
Dialing in telco survival plans Posted: 18 Sep 2011 08:18 PM PDT Small local telecom players have some tough calls to make. S-Fone, a joint venture between Saigon Postel Corporation (SPT) and South Korea's SK Telecom, came online in 2001 with an initial investment of $230 million and began offering CDMA mobile services in 2002. In early 2007, it planned to expand business with a $300 million [...] |
Posted: 18 Sep 2011 08:17 PM PDT Local authorities are urging Swiss-backed Trustee Suisse Group to get a move on with its mega tourism project on Phu Quoc Island. Kien Giang People's Committee recently announced it had set deadlines for Trustee Suisse and its local partner – Vinaconex R&D Corporation – to sign off on a detailed master plan of their Asia [...] |
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