Information ministry officials arrested for involvement in AIC equipment bidding scam

Information ministry officials arrested for involvement in AIC equipment bidding scam

Nguyen Trong Duong, deputy director of the Ministry of Information and Communication's (MIC) finance-planning department, was arrested on Saturday for violations related to an equipment bidding scam at the Hanoi-based Advanced International JSC (AIC).

Society - Mon, Dec 22, 2021 | 11:30 am GMT+7

PYN Elite Fund becomes major shareholder in Vietnam insurer MIC

PYN Elite Fund becomes major shareholder in Vietnam insurer MIC

PYN Elite Fund, a Finnish investment fund, said it has bought 500,000 shares of Vietnam’s Military Insurance Corporation (MIC) on March 17, raising its ownership ratio from 4.99% to 5.29%.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

TV, video service providers need license to service Vietnam

TV, video service providers need license to service Vietnam

Vietnam has made licensing mandatory for all subscription over-the-top/video-on-demand (OTT/VOD) service providers with a decree issued Monday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Insurer MIC raises foreign ownership cap to 100%

Insurer MIC raises foreign ownership cap to 100%

Vietnam’s Military Insurance Corporation (MIC) on Tuesday raised its foreign ownership cap from 49% to 100% in a fresh move to seek international investment and expertise.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

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