Masan said, the acquisition of Mobicast mobile virtual network operator is a strategic fit in the ‘Point of Life’ consumer ecosystem of the company. Masan Group Corporation (HOSE:MSN), on Tuesday announced its entry into telecom by completing the acquisition of a 70 per cent stake in Mobicast Joint Stock Company for a total cash consideration of VNĐ295.5 billion (US$12.96 million) throught its subsidiary, the Sherpa Company Limited. ###: Mergers & Acquisitions strategy in Vietnam. Mobicast, which operates the Reddi brand, is a Vietnamese start-up full-service mobile virtual network operator. Mobile virtual network operators such as Mobicast/Reddi are wireless communication service…
Author: Kevin Le
Vietnam logged 11,687 new local Covid-19 cases Tuesday in 34 cities and provinces, up 3,019 against Monday, Health authorities reported. Ho Chi Minh City led the number of new infection with 6,521 cases, followed by its neighboring provinces of Binh Duong (3,609), Dong Nai (590), and Long An (254). ###: Hanoi streets start to get crowded again Within today, another 240 Covid-19 deaths also recorded in the country, including 184 in HCMC and 41 in Binh Duong. According to Health ministry, another 11,017 patients recovered on Tuesday, raising the number of recoveries to 475,343. Of those in hospitals, 5,133 are severe…
The United States plans to ease travel restrictions on all fully vaccinated foreign visitors starting in November, relaxing a patchwork of bans that had begun to cause fury in Europe and replacing them with more uniform requirements for inbound international air passengers, the White House said Monday. According to the White House, new rules will require all foreign nationals arriving in the United States to show proof of being fully vaccinated, the White House Covid-19 response coordinator Jeff Zients said. He said the new rules would take effect in early November, a timeline that will give agencies and airlines “time…
The Vietnamese futsal team celebrate after reaching the knock-out stages of the Futsal World Cup in Lithuania. Photo courtesy of the VFF Futsal HÀ NỘI — Việt Nam will play Russia in the knock-out stages of the Futsal World Cup in Lithuania after a 1-1 draw in the final group match against the Czech Republic on Sunday. It is a repeat of the 2016 World Cup when the two sides met at the same stage. Russia ran out comfortable victors then after a 7-0 win in Colombia five years ago. Việt Nam lost to Brazil…
Foreign business chambers warn Vietnam could lose its opportunity to compete for investment and recover its economy without taking immediate actions in reopening. The country could miss the chance of hosting multinationals diversifying their supply chains out of China and might lag behind global economic recovery, according to the business chambers AmCham, EuroCham, KoCham and U.S.-ASEAN Business Council. At least 20 percent of their members have shifted some manufacturing activities to another country, and more discussions are underway, they told Prime Minister Pham Minh Chinh and other government leaders in a petition. ###: Prolonged Covid-19 shutdowns in Vietnam are becoming…
More than 675,000 people in the United States have died from Covid-19, according to Johns Hopkins University. That surpasses the estimated US death toll from the deadliest pandemic of the 20th century. “If you would have talked to me in 2019, I would have said I’d be surprised,” said epidemiologist Stephen Kissler of the Harvard T. H. Chan School of Public Health. “But if you talked to me in probably April or May 2020, I would say I would not be surprised we’d hit this point.” In April 2020, CNN published a list of lessons learned from the 1918 pandemic…
Ha Long Town in Quang Ninh Province lifted a swimming ban and allowed resumption of outdoor activities starting Sunday after bringing the local pandemic situation under control. More stories at Vietnam Insider’s homepage. Football stadiums, gym, fitness centers and pool table services have been allowed to resume operations while observing pandemic prevention measures. The town of over 300,000 people has gone three months without community transmission of the novel coronavirus and 90 percent of its population aged 18 and above have got at least one dose of a Covid vaccine. ###: Reopening: Vietnam’s HCMC will resume construction works in the…
Vietnam reported 8,668 new local Covid-19 infections on Monday, down 1,357 from Sunday, marking the smallest daily rise in cases over the past month. Vietnam’s capital city of Hanoi will further ease its coronavirus restrictions from this week with new cases on the decline and the majority of its adult population partially vaccinated, the government said. Vietnam capital Hanoi to ease coronavirus curbs, most construction projects can resume from Wednesday, adding further easing would follow, with average new daily cases down to just 20. So far 94% of Hanoi’s adult population of 5.75 million has received one shot of a…
Việt Nam’s Deputy Minister of National Defence Sen. Lt. Gen. Hoàng Xuân Chiến and Minister of the Cuban Revolutionary Armed Forces Alvaro Lopez Miera signed documents on bilateral cooperation. — VNA/VNS Photo HAVANA — Deputy Minister of National Defence Sen. Lt. Gen. Hoàng Xuân Chiến held talks with Minister of the Cuban Revolutionary Armed Forces Alvaro Lopez Miera in Havana on the morning of September 20. Deputy Minister Chiến is accompanying President Nguyễn Xuân Phúc during his official visit to Cuba. At the meeting, Minister Alvaro Lopez Miera spoke highly of President Phúc’s visit to Cuba, saying it reaffirms…
Vietnam confirmed an additional 10,040 Covid-19 infections on Sunday and 9,137 more patients recovered from the diseases the same day, Ministry of Health reported According to the health ministry, 10,025 of the new patients are locally-transmitted cases confirmed in 33 localities including HCM City (5,496), Binh Duong (2,332), Dong Nai (953), An Giang (287), Long An (249), Kien Giang (151), and Tien Giang (102). There were 15 imported patients confirmed Sunday. ###: HCMC to resume trade activities The new infection number showed an increase of 665 cases compared to yesterday’s figure. There were 5,894 infections found in the community. As of…