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Vietnam’s Viettel seeks to double Myanmar customer base – CEO

Vietnam’s largest telecommunication company, Viettel, is seeking to double its five million subscribers in Myanmar by the end of the year, its president and chief executive officer Le Dang Dung told Reuters an in interview on Friday. Viettel, whose $1.22 billion unit Viettel Global Investment is trading on the Unlisted Public Company Market, has also […]

Myanmar brushes off limited US sanctions renewal

YANGON: Myanmar on Friday shrugged off US President Barack Obama’s decision to renew some sanctions against the country in order to spur continued reform, in a move that highlighted fears over continued rights abuses. Obama said sanctions restricting certain investments should be renewed because the former military-run nation still poses “an unusual and extraordinary threat […]