Khanh Vu

Vietnam accuses Facebook of violating controversial cybersecurity law

Vietnam’s government has said that Facebook has violated a new cybersecurity law by allowing users to post anti-government comments on its platform.

Vietnam’s Viettel in talks to buy stakes in Malaysian, Indonesian telcos

Myanmar, where Viettel and its local partners launched a $1.5-billion 4G network last year, has emerged as one of the most promising markets for the company.

Credit Suisse, HSBC lead $950m credit facility for Vitenamese carmaker Vinfast

VinFast has secured a 12-year credit facility for as much as $950 million to help buy machinery and equipment from German suppliers.

PetroVietnam mulls raising funds for expansion via international bonds

The statement comes after a meeting earlier this week in Hanoi between PetroVietnam Chairman Tran Sy Thanh and Thierry Olive, co-head of investment banking for the Asia-Pacific at BNP Paribas SA.

Vietnam to limit new foreign bank licenses to boost local acquisitions

Vietnam has so far licensed around 10 wholly foreign-owned banks, such as HSBC, StanChart, Hong Leong Vietnam, CIMB Vietnam

Vietnam’s Viettel, partners to launch Myanmar’s first 4G network

Viettel has already invested in 10 countries across Asia, Africa and America.

SK Holdings, Japan’s Idemitsu among suitors for 44.72% stake in Vietnam’s PVOIL

The Vietnamese government raised $184 million through the sale of a 20 percent stake in PVOIL in an initial public offering in January.

Sabeco adds majority shareholder ThaiBev’s representatives to board

ThaiBev, which has a more than 50% stake in Sabeco, complained to the Vietnamese government earlier this year that its proposed board members for Sabeco had not been accepted.

Vietnam urges greater scrutiny of cryptocurrency deals amid alleged scam

In a directive, Prime Minister Nguyen Xuan Phuc told the State Bank of Vietnam, the Ministry of Public Securities and other bodies to tighten the “management of activities related to bitcoin and other cryptocurrency”.