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AT&T announced on Friday that it plans to launch a cheaper ad-supported version of HBO Max in June. The telecom giant has only released minimal detail on the plan. It hasn't yet announced pricing or an exact release date for the upcoming cheaper tier. AT&T expects the ad-supported HBO Max tier to combine with global expansion to drive subscriber and revenue growth in 2021. HBO Max will launch in 60 markets outside of the US in 2021. These will include 39 Latin America and the Caribbean territories in late June and 21 European territories in the second half of 2021. The company anticipates ending the year with between 67 and 70 million subscribers. The service had around 61 million subscribers at the end of 2020. The company expects its HBO unit to more than double its revenue in the next five years. "Zach Snyder's Justice League" is one of the high-profile HBO Max exclusives coming in 2021 In response to the pandemic, Warner Bros is … [Read more...] about Ad-supported HBO Max option coming in June

Ecosystem for local supporting industry enterprises needed: industry insider By Lan Nhi Chau Ba Long, general director of Minh Nguyen Industrial Support JSC - PHOTO: NGUYEN NAM HANOI - Domestic supporting industry enterprises should develop an ecosystem so that they can support each other to become suppliers for multinational industrial manufacturers, said Chau Ba Long, general director of Minh Nguyen Industrial Support JSC, the first-tier supplier for Samsung factories. The fact is that Samsung and other multinational industrial manufacturers tend to choose their own suppliers to ensure smooth operations in the countries where they make investments. Asked why Minh Nguyen, which has only been established in the local market for three years, decided to engage in the supporting industry, Long said that Vietnamese enterprises have high potential to become suppliers for international giants. Many international groups have visited Vietnam to study the local human … [Read more...] about Ecosystem for local supporting industry enterprises needed: industry insider

WB supports sustainable development in Mekong Delta By Trung Chanh A section of the Hau River in the Mekong Delta province of An Giang. The World Bank has pledged to further support the region in adapting to climate change – PHOTO: TRUNG CHANH HCMC – The World Bank (WB) has pledged to continue supporting the Mekong Delta region in adapting to climate change as well as address some issues related to natural resource management, water security and regional connection improvement to enhance sustainable development in the region. Speaking at a workshop on climate change communications for the Mekong Delta region of Vietnam in HCMC on June 17, Madhu Raghunath, program leader for Sustainable Development for the World Bank in Vietnam, stated that water is an important resource, which will be prioritized by the WB to improve the management of investment in irrigation infrastructure, reservoirs and dam repairs and further monitor underground water and saltwater. “We will … [Read more...] about WB supports sustainable development in Mekong Delta

Party General Secretary Nguyen Phu Trong (right) meets Emperor Akihito yesterday in Tokyo. — VNA/VNS Photo Tri Dung TOKYO (VNS) — The Japanese Royal Family supports the development of relations between Japan and Viet Nam, Emperor Akihito told Party General Secretary Nguyen Phu Trong during their meeting in Tokyo yesterday. The Emperor welcomed the Vietnamese Party chief's official visit to Japan as holding significant meaning in enhancing the friendship and affiliation between the two countries. He wished Viet Nam continued success in national construction and prosperity. Emperor Akihito and General Secretary Trong were both delighted at the pragmatic and sound co-operation between Viet Nam and Japan over recent years. Trong expressed his pleasure to revisit Japan and witness the Japanese government and people's endeavours in national recovery and reconstruction, contributing to peace, co-operation and development in the region and around the globe. He valued the … [Read more...] about Japan’s Royal Family supports co-operation with Viet Nam

Opportunities arise for local supporting industry firms to join global supply chains By Hung Le An investor inspects products manufactured by a local supporting industry firm at SFS 2020. Local supporting industry enterprises are seeing ample opportunities to become part of global supply chains and suppliers of the world’s leading brands and multinational groups – PHOTO: HUNG LE HCMC – Local supporting industry enterprises are seeing ample opportunities to become part of global supply chains and suppliers of the world’s leading brands and multinational groups, it was announced at a conference in the framework of SFS 2020, or the sourcing fair for supporting industries with buyers 2020, held in HCMC on September 17. Panasonic, a major Japanese multinational electronics company, is planning to start its new factory in Binh Duong Province this month or in early October, so its demand for suppliers of components and accessories is high. Speaking at the conference, … [Read more...] about Opportunities arise for local supporting industry firms to join global supply chains

Central bank urges more support for rice farmers By Trung Chanh Farmers harvest rice in the Mekong Delta region – PHOTO: TRUNG CHANH CAN THO – The State Bank of Vietnam (SBV) has told commercial banks to provide continued support for the rice sector in the Mekong Delta by offering loans to rice farmers and trading firms to beef up their rice production and consumption. Under the central bank's Document 1289, commercial banks should boost the deployment of the credit policy for agricultural and rural development in line with the Government’s decrees 55 and 116. Besides this, the central bank asked lenders to focus on giving loans geared toward developing the connectivity model from production to consumption and to implement Decision 68 on supportive policies on the reduction of losses in agriculture. In addition, commercial banks should order their branches in the Mekong Delta to guarantee sufficient loans for farmers, traders and producers so that they can … [Read more...] about Central bank urges more support for rice farmers

Former German Vice Chancellor voices support for local startups By My Huyen Former German Vice Chancellor Philipp Roesler, who now serves as chairman of the advisory board at VinaCapital Ventures, talks with a young entrepreneur at an incubator at the Information Technology Park of Vietnam National University HCMC, on April 18 – PHOTO: MY HUYEN HCMC – Former German Vice Chancellor Philipp Roesler, who is now chairman of the advisory board at VinaCapital Ventures – the technology investment arm of VinaCapital – has pledged his support for young Vietnamese entrepreneurs in the years to come. During his tour of the Information Technology Park of Vietnam National University HCMC on April 17, Roesler said he is committed to sharing his experiences and introducing his international ties with Vietnam’s young startups, especially those entrepreneurs studying at college, with the aim of connecting with the domestic entrepreneurship ecosystem. He said that young … [Read more...] about Former German Vice Chancellor voices support for local startups

NA committee supports charter capital hike for public firms By Van Ly An official beats the gong as Viettel Post Corporation, an arm of military-run telecom giant Viettel Group, is listed on the Hanoi Stock Exchange – PHOTO: VAN LY HANOI – The Government has presented its draft amended Law on Securities, which includes a proposal to raise the regulatory charter capital of public companies from the current VND10 billion (US$428,000) to VND30 billion, and has received support from the National Assembly Economic Committee. The committee’s chairman, Vu Hong Thanh, delivered an assessment report on the revised Law on Securities project at an NA session in Hanoi on June 6. The requirements for offering securities to the public and becoming a public company are very different, he said. Tripling public companies’ charter capital against the current level of VND10 billion is reportedly aligned with the current size of the stock market and intended to increase the quality … [Read more...] about NA committee supports charter capital hike for public firms

PM pledges support for Samsung R&D center in Vietnam The Saigon Times Daily Prime Minister Nguyen Xuan Phuc (R) and General Director of Samsung Vietnam Choi Joo Ho meet in Hanoi on June 14 – PHOTO: VGP HCMC – Prime Minister Nguyen Xuan Phuc has voiced his support for the establishment of a research and development (R&D) center in Hanoi City by South Korean conglomerate Samsung. During a meeting with the Vietnamese Prime Minister in Hanoi on June 14, General Director of Samsung Vietnam Choi Joo Ho discussed progress in the development of the R&D center, reported the Vietnam News Agency. Choi said the company had completed all procedures to make it possible for the center’s construction. Once in place, the center will employ 2,000-3,000 people and become the largest such facility in Southeast Asia. It will focus on training staff in software and other fields, such as fifth-generation (5G) technology, artificial intelligence and big data. In response, … [Read more...] about PM pledges support for Samsung R&D center in Vietnam

U.S. President supports trade, energy cooperation with Vietnam: spokesperson The Saigon Times Daily Prime Minister Nguyen Xuan Phuc (L) and U.S. President Donald Trump pose for a photo on the sidelines of the G20 Summit - PHOTO: VGP HCMC – U.S. President Donald Trump , at a meeting with Prime Minister Nguyen Xuan Phuc on the sidelines of the G20 Summit in Osaka, Japan, had voiced his support for the strategic cooperation between Vietnam and the United States, especially in the trade and energy sectors, said Foreign Ministry spokesperson Le Thi Thu Hang. At a press conference today, July 4, Hang said PM Phuc had met with many leaders of countries and international organizations on the sidelines of the G20 Summit, including U.S. President Trump, the local media reported. At the meeting, U.S. President Trump threw his support behind the cooperation with Vietnam and asked for the enhancement of balanced and mutually-beneficial trade ties between the two countries. … [Read more...] about U.S. President supports trade, energy cooperation with Vietnam: spokesperson