Repairs near completion on marine cables

Repairs of the high-bandwidth fibre optic submarine cable system known as Asia-American Gateway are currently underway and expected to be completed later this month, according to representatives of FPT Telecom, Viettel and Vietnam Post and Telecommunications Group (VNPT).
Repairs of the high-bandwidth fibre optic submarine cable system knownas Asia-American Gateway are currently underway and expected to becompleted later this month, according to representatives of FPT Telecom,Viettel and Vietnam Post and Telecommunications Group (VNPT).

Arepresentative of FPT Telecom said the company had restored two-thirdsof the Asia-America Gateway (AAG) capacity which was severed on March 8in Vung Tau area of Vietnam.

International internet access hadbeen improved with the repairs which would be finished around March 22and 25, said Hoang Minh Cuong, deputy director of Vietnam DataCommunication (VDC).

He said the International TelecommunicationCompany (VTI) was working with authorities to coordinate ships to theAAG cable to facilitate the repairs.

This month VDC and VNPT willopen new optical cables to connect with other countries so as toenhance service quality and meet customer needs.

Le Huu Hien,deputy director of Viettel Telecom, said that after the urgentsupplement of additional capacity to its international connections,Viettel network subscribers would have stable internet access.

The560 million USD AAG is a 20,000- kilometre-long submarinecommunications cable system, connecting Southeast Asia with the USmainland, across the Pacific Ocean via Guam and Hawaii./.

See more

Illustrative image (Photo: VNA)

Vietnamese businesses invest 309.3 million USD abroad in four months

This includes over 269 million USD poured into 43 new projects, nearly three times higher than the same period last year and an additional 40 million USD injected into 12 existing projects, 69 times higher than the amount recorded in the corresponding period of 2024.

Visitors explore products at the Ho Chi Minh City Pavilion during the Sydney Build Expo 2025. (Photo: VNA)

Vietnam impresses at Sydney Build Expo 2025 with largest-ever pavilion

Sydney Build Expo is Australia’s largest annual construction and design trade show, backed by the Mayor of Sydney and Premier of New South Wales. The expo offers a valuable platform for Vietnamese firms to explore market trends, connect with distributors and contractors, and promote their products on the global stage.

The first months of 2025 have seen increases in both new business registrations and firms returning to the market. (Photo: VNA)

Vietnam’s reform efforts boost business confidence: Official

The first quarter of this year saw the registration of 36,400 new businesses, on par with 2024 but up around 1.2 times compared to same time in the 2017–2023 period. Notably, the amount of newly-registered capital also rose by about 1.5% year-on-year.

At a WTO committee's meeting (Photo: VNA)

Vietnam attends WTO meetings on trade defence

The World Trade Organisation (WTO) committees on trade defence held a series of meetings from April 28 to May 1, the Permanent Mission of Vietnam to the United Nations, the WTO, and other international organisations in Geneva, Switzerland, announced on May 6.

Sunjin AT&C Vina Co., Ltd., a 100% Korean-invested enterprise located in the Chan May – Lang Co Economic Zone, Hue City, specialises in the production of knitted textile products for export. (Photo: VNA)

FDI inflow into Vietnam surges by nearly 40% in four months

While newly-registered capital declined by 23.8% to 5.59 billion USD, additional capital injections into existing projects increased nearly 3.9 times to 6.4 billion USD. Capital contributions and share purchases in the four months reached 1.83 billion USD, or a 2.1-fold increase year-on-year.

At the exclusive meeting to seek solutions to the US's new tariff policy, chaired by PM Pham Minh Chinh in Hanoi on May 6. (Photo: VNA)

Vietnam-US trade negotiations must ensure mutual benefit: PM

This marks the 7th time the Government leader has chaired an exclusive meeting to seek solutions to the US's new tariff policy, following key directives from the Party Central Committee, the Politburo, and Party General Secretary To Lam.

People shop at a supermarket in Hanoi (Photo: VNA)

Vietnam's CPI inches up 0.07% in April

In April, prices rose in eight out of 11 groups of main consumer goods and services, two groups saw price declines, and one remained unchanged.