Telecoms & IT
From The Report: Vietnam 2017
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With the shift towards a more market-orientated economy, Vietnam’s telecommunications market is seeing further openings for foreign investment, including the supply of telecoms services and the establishment of infrastructure networks. The government has, meanwhile, taken some broad steps in boosting competition in the marketplace by restructuring the state-owned Vietnam Posts and Telecommunications Group and paving the way for the introduction of 4G services, which is expected to generate a spike in new opportunities for investors. With a population of approximately 95m, Vietnam is an important regional market both for global technology vendors and for home-grown entrepreneurs. The latter are getting more encouragement to innovate as the country modernises and adopts international standards in areas such as communications infrastructure and education technologies.

This chapter contains interviews with Tran Manh Hung, Chairman of the Member’s Council, Vietnam Posts & Telecommunications Group; and Truong Gia Binh, Chairman, FPT Corporation.

Articles from this Chapter

Overview

Wired in: As digital content gains popularity, operators are bolstering infrastructure and introducing new products and services
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With the shift towards a more market-orientated economy, Vietnam’s telecommunications market is seeing further openings for foreign investment, including the supply of telecoms services and the establishment of infrastructure networks. The government has, meanwhile, taken some broad steps in boosting competition in the marketplace by restructuring the state-owned Vietnam Posts and Telecommunications Group (VNPT) and paving the way for the introduction of 4G services, which is expected to generate…

Interview

Making connections: Tran Manh Hung, Chairman of the Member’s Council, Vietnam Posts & Telecommunications Group, on the role of digital services in the growth of the sector
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Interview: Tran Manh Hung What investment opportunities are being created by advances in Vietnam’s telecoms networks? TRAN MANH HUNG: Vietnam’s telecoms sector is currently experiencing rapid changes. Thanks to the government’s open policies, Vietnam’s telecoms market has grown significantly in recent years. Currently, there are six operators with mobile services licences, with three of these operators accounting for about 90% of the market share. So far, 72 enterprises have been granted…

Analysis

The next step: Four licensed operators are set to introduce 4G services
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The coming years will be a busy time for Vietnam’s ICT market, as four of the country’s mobile operators start rolling out 4G networks after receiving licences. Three carriers – state-owned Viettel Group, MobiFone, Vietnam Posts and Telecommunications Group (VNPT) subsidiary Vinaphone – have already started running pilot projects and have installed the infrastructure needed to carry out the services over an 1800-MHz band. GT el Mobile, which operates the Gmobile brand was also given a LTE…

Interview

IT is on the rise: Truong Gia Binh, Chairman, FPT Corporation, on the IT revolution
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Interview:Truong Gia Binh How has Vietnam’s IT sector developed in recent years, and how competitive has it become? TRUONG GIA BINH: In recent years the Vietnam government has identified the ICT sector as the foundation for all other economic sectors and has issued many specific policies to turn the country into a strong ICT centre. The ICT industry has made remarkable progress in comparison with other regional countries. According to the global communications agency We Are Social, 62.76%…

Overview

Moving toward maturity: The industry is seeing high growth rates, although some challenges such as education and training remain
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With a population of approximately 95m, Vietnam is an important regional market both for global technology vendors and for home-grown entrepreneurs. The latter are getting more encouragement to innovate as the country modernises and adopts international standards in areas such as communications infrastructure and education technologies. Rapid Growth The country’s IT market is still young but has registered rapid growth. Indeed, Vietnam only connected to the internet in 1997, after six years…