Telecoms & IT

Vietnam Telecoms & IT

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.