Vietnam Post Corporation (VNPost) in collaboration with global express services provider DHL debuted the new express delivery service VNQuickpost on Wednesday in Hanoi. At the launching ceremony, Deputy Minister of Information and Communications Nguyen Thanh Hung said he expected the new service would develop well owing to the partners’ strong brands and experiences. “With the brand and the strength... 

HCMC – The Prime Minister has permitted Vietnam Post Corporation (VNPost) to invest in Lien Viet Commercial Bank (LienVietBank), using money and the value of its subsidiary Postal Saving Service Company as capital contribution. The Prime Minister also permits LienVietBank to change its name into Lien Viet Post Commercial Bank. LienVietBank will assume all interests and obligations of Postal Saving... 

Viettel has surpassed VNPT on pre-tax profit in 2010 for the first time. Viettel reportedly earned pre-tax profits of VND15.5 trillion ($775 million) last year, while VNPT Group mustered VND11.2 trillion ($560 million). VNPT Group’s revenue was estimated at VND101 trillion ($5 billion), a year-on-year increase of 27 per cent against last year’s figure. Its rival, Viettel earned revenue...