Vietnam attracts foreign telecom investors

Vietnam is now an important focus for global information and communications technology (ICT) companies that are making efforts to increase their presence in the Southeast Asian region, according to telecom experts.
Thirty businesses working in ICT from the Republic of Korea attended a forum on Oct. 6 to seek cooperation opportunities with Vietnamese partners.

In late September, eight French businesses also met with representatives of the Vietnam Posts and Telecommunications Group and Vietnam ’s military-run telecom provider Viettel – two major names in the Vietnamese telecom sector – to establish trade partnerships in the near future.

In another move, Taiwanese businesses hosted a large-scale Taiwan Excellence program 2011 in Hanoi in mid-July to popularize advances and innovation of the Taiwanese IT sector and to seek potential domestic partners.

In addition to being an investment destination, Vietnam also saw its businesses chosen as partners for IT projects abroad, evidenced by the fact that Algerian Minister of Post, Telecommunication and Communications Moussa Banhamadi proposed CMC Technology Group establish a joint venture to deploy a project on computerizing education programs and developing e-government in the African country. – VNA

Tags: ,

Posted by VBN on Oct 10 2011. Filed under Telecommunication. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

You must be logged in to post a comment Login

Stay informed everyday

Subscribe to free RSS and email updates from Vietnam Business News

Subscribe via Email Subscribe in a Reader Follow us on Twitter Connect on Facebook

RSS Singapore Business News

  • Foreign labour, corporate tax set to be hot topics in new Parliament
  • Industrial rental growth stays unchanged
  • MAS expected to revise monetary policy: analysts
  • URA awards tender for residential site
  • Shell refinery at Pulau Bukom restarts operations
  • Freehold residential sites up for en bloc sale

RSS India Business News

  • Farmers expect stable rapeseed-mustard prices for the next crop
  • Sensex opens marginally higher; Infosys, RIL, HDFC up
  • Nifty rangebound; IDFC, Coal India, HDFC, Sterlite up
  • Sensex gains momentum; oil&gas, metals, IT gain
  • Nifty hovers near 4950; Tata Motors, DLF, IDFC up
  • Haldia, Vizag ports reluctant to share information on mineral export

RSS Malaysia Business News

  • Tin prices expected to go up this week
  • Rubber market expected to rise further this week
  • Palm oil prices seen to be rangebound this week
  • Mudajaya banks on recurring income jobs
  • HDC surpasses FDI target
  • Profit-taking pressure likely on Bursa

Sponsored

  • Looking for an overseas forex broker?
  • Trading Point now offering Forex Malaysia and FX Japan with Forex, CFD's and Futures.