HCMC- Vietnam’s Saigon Post and Telecommunication Company (Saigon Postel) and its South Korean partner, SK Telecom, last week announced the change of their business marriage from a business cooperation contract (BCC) to a joint venture. As such, the mobile network S-Fone will continue business under the new form, sweeping away all romors that SK Telecom (SKT) would stop investment in the mobile network... 

HANOI – Interest rates on Vietnamese dong loans, which hit a 2009 high in the interbank market this month, have eased on the back of stronger dong funds, bankers said on Monday. They said the fixings of interest rates on overnight dong loans were around 9.3-9.7 percent on Monday, down 50 basis points from last Friday when they reached as high as 10.2 percent, or just 30 basis points shy from... 

Real estate developer Indochina Land will launch a sales program for its US$150 million commercial and residential complex in Hanoi this Saturday. The company, the real estate division of financial service firm Indochina Capital, started work on the 1.6 hectare Indochina Plaza Hanoi complex one year ago at 239 Xuan Thuy Street, Cau Giay District. It is expected to be one of the most significant... 

The country’s first third generation (3G) mobile network, launched last month, has failed to meet that fanfare as complaints grow about slow speeds and unstable connections. State-run mobile carrier VinaPhone, owner of the network, said it would provide six new service, including mobile internet, mobile broadband, video call, mobile camera, mobile TV and a 3G portal. But the highly-anticipated...