EVN Telecom, a subsidiary of state-owned Electricity of Vietnam (EVN), is submitting to the government a plan to sell its stake to Vietnam Multimedia Corp or Vietnam Television Corp (VTC), the local newswire Bao Dau Tu (Investment) reported. Initial information said that EVNTelecom will sell 12% stake to VTC. VTC plans to spend an amount [...]
Smartphone and feature phone sales in Vietnam increased by 27 percent in unit shipment and 21 percent in value in the first seven months of 2011, despite cutbacks in general consumer spending, reveals a new report released Monday by GfK Asia. The research firm noted that accelerating inflation had affected Vietnam’s economy since the beginning [...]
Vietnam’s military-run telecom group Viettel and Haiti’s Telecom Company on September 8 officially launched a the telecom network of their joint venture Natcom. Haitian President Michel Martelly and Viettel’s Deputy General Director Nguyen Manh Hung pressed the button to inaugurate the network at the ceremony. Speaking at the function, the Haitian President said that during [...]
Metfone, the Cambodian subsidiary of the Vietnam military-run telecom firm, Viettel, is now controlling about 80 percent of cable network and has expanded its coverage to each commune in Cambodia, PhnomPenh Post newspaper quoted the data released by Frost and Sullivan’s Asia-Pacific branch. It has contributed 16,000 kilometers of optical cable in the total of [...]
Beeline wants to become one of top network providers in Vietnam by rolling out ambitious investment plans. The Vietnam-based mobile service provider has just become a sponsor of well-known England-based Manchester United football team for the 2011-2012 soccer season. Each year Beeline will have to pay the Reds around $3 million within the three year [...]
As of the end of August, the number of telephone subscribers in Vietnam is estimated at 128.8 million, a 4.3 per cent year-on-year increase. However, the number of new subscribers this month alone has continued to decline sharply compared to the same period last year. According to the General Statistics Office, 15.5 million of the [...]
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