Viettel to set up Tier-4 companies abroad
Prime Minister Nguyen Xuan Phuc has approved a project on establishing Tier-4 companies of the Viettel Military Industry and Telecoms Group (Viettel) in Mozambique, Tanzania, Timor Leste, Burundi, Haiti and Cambodia.
Illustrative image (Photo: internet)Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc has approved a project on establishing Tier-4 companies of the Viettel Military Industry and Telecoms Group (Viettel) in Mozambique, Tanzania, Timor Leste, Burundi, Haiti and Cambodia.
Accordingly, the Ministry of Defence was assigned to direct Viettel to set up the companies of this kind in accordance with laws of Vietnam and the above-mentioned countries.
It is also responsible for monitoring the companies’ operation as well as strengthening measures to prevent risks.
The PM asked the ministry to take full responsibility for the entire process of establishing the companies and managing their operation, towards bringing the most benefits to the country./.
You should also see
📝 OP-ED: Party personnel work requires thorough checks
Officials, Party members, and people are concerned about how the Party will select the leadership capable of shouldering the immense revolutionary tasks entrusted by the history, General Secretary Nguyen Phu Trong said at the first meeting of the sub-committee on personnel affairs of the 14th National Party Congress on March 13.
See more
Business
French auction house to open office in Vietnam
France’s Millon Auction House has decided to open its representative office in Vietnam, and is preparing necessary steps for the official opening of the office in the near future.
Business
3,400 taels of SJC-branded gold bars successfully auctioned
The State Bank of Vietnam auctioned 16,800 taels of SJC-branded gold bars in Hanoi on April 23. This is the first auction of this kind in 11 years.
Business
HCM City seeks to draw remittances in infrastructure
A seminar aimed at channeling overseas remittances into infrastructure took place in Ho Chi Minh City on April 23, given that remittances to the city reached 9.46 billion USD in 2023, nearly three times higher than foreign direct investment (FDI), according to official statistics.
Sci-Tech
FPT, NVIDIA ink MoU to build 200 million USD AI factory
Vietnam’s tech giant FPT plans to build a 200 million USD artificial intelligence (AI) factory using Nvidia's graphics chips and software, as announced on April 23 in a comprehensive strategic partnership with NVIDIA.
Business
Lao Cai province calls for more Japanese investments
The advantages and potential of Vietnam’s northern border province of Lao Cai were introduced to Japanese firms at an investment and tourism promotion conference in Tokyo on April 23.
