Viettel boosts foreign market expansion


(VOV) - Military-run telecom group Viettel recently announced that telephone exports comprised at least 90% of its total sales in 2013. "The domestic mobile phone market has become saturated" said, the group's Research and Production Department Head Luu Quang Truong. "Therefore, the group has devised a bold business plan that targets expansion in foreign markets both in investment and sales." he added. Viettel is invested heavily in markets such as Laos, Cambodia, Mozambique and Haiti, Truong said, and these markets accounted for 60% of last year's total sales, largely attributable to well developed in-depth nationwide distribution channels. These distribution channels give out us a competitive edge and an advantage in delivering our products to customers, he continued. Viettel aims to expand investment to many nations. In the future, Viettel is eyeing investment in the telecoms sector in markets such as Peru, East Timor, Tanzania, Cameroon, and Burundi that have a … [Read more...]

Affordable smart phones will be dominants in the market

Samsung, Nokia, HTC, Sony and some other "big guys," which have been well-known for their high-end products, have jumped into the middle-class market segment while marketing the products priced at between VND4-7 million.

VietNamNet Bridge - Seventy percent of Vietnamese people still don't have smart phones, which means that Vietnam remains a potential market for manufacturers to exploit. Foreign brands have to compete fiercely with each other on the Vietnamese smart phone market, which makes people think the market has got saturated. However, in fact over 70 percent of Vietnamese consumers still don't have smart phones. The reports by market survey firms showed that 17 million Vietnamese, or just 20 percent of the total population, now use smart phones. Therefore, more and more products have been introduced in Vietnam. Big manufacturers now target middle-class market segment Samsung, for example, has Galaxy Trend (VND3.99 million), Galaxy Ace 3 (4.39 million), while HTC has HTC Desire 500 (VND7.5 million), Nokia has Nokia Lumina 620 (VND4.79 million), Sony has Xperia M (VND5.2 million) and Xperia E Dual (VND3.5 million). Nokia is believed to be the manufacturer that first jumped into the middle … [Read more...]

Viettel joint venture wins award in Mozambique


After 10 rounds of appraisal, it got 9 marks, double the level of famous rivals like Vodacom and TM which have secured a firm foothold in this Southeast Africa country. Popularizing services strategy is the strongest power which helps Movitel overcoming the advantages of its rivals. Frost and Sullivan experts said Movitel has "so smart" by investing for the future, focusing on large number of low - income people through its social programs, such as offering free Internet assess at school, and supporting rural people in using its services. As many as 70% of Mozambique's telecommunications infrastructure has been invested by Movitel, thus helping the nation to be listed in the top 3 nations in sub-Sahara region having the most advanced telecommunications technology network (together with Nigeria and South Africa). It has also laid a good foundation for Mozambique's government to implement management tools such as e-Government and apply information and communication technology into … [Read more...]

Is OTT apps’ information security worrying?

Hoang Son, Director of Viettel Telecom, said technically, mobile network operators cannot control everything provided by OTT service providers, which means that there exists an information security risk.

VietNamNet Bridge - Mobile network operators have expressed their worries about the information security problems OTT (over the top content) app users may have. But how high is the risk? Some days ago, the representatives of VinaPhone and MobiFone, the two biggest mobile network operators, also voiced their concern about the inability of controlling OTT services, because the services have been mostly provided by foreign companies which don't set up servers in Vietnam. Nguyen Dang Nguyen, Deputy General Director of MobiFone, said a lot of people have been using OTT services to send spam ad messages to great numbers of other subscribers. It would be very dangerous, if someone uses the services for the security threat purpose. Meanwhile, the mobile services being provided by mobile network operators are believed to be safer thanks to the strict regulations on the management over pre-paid subscribers, which aims to minimize the possible negative impacts. When asked if using OTT … [Read more...]

Smart phone market: who will dominate the low-cost segment?

The low cost smart phone market segment is small, accounting for 20 percent of the smart phone market. However, it is large enough for a lot of brands to join.

VietNamNet Bridge - Mobile phone manufacturers all have noted the growing tendency of people using low cost smart phones worldwide, including in Vietnam, and they have to get adapted to this. Even the big guys in the technology world have also kept an eye on the market. BlackBerry, Lenovo, Philips, Motorola, Alcatael, Huawei, ZTE and Mobell all have brought their products to Vietnam. Meanwhile, low cost product market segment is the main "territory" of Vietnamese brands, including Mobistar, Q-mobile, FPT and Viettel. Of these, Mobistar and Q-mobile have been joining the market for a long time, therefore, they have been better known. FPT, the Vietnamese biggest technology group, launches its new products sometimes. Six models bearing F-Mobile brand have been marketed so far. Viettel has 30 models in its product range, while six smart phone models have been available at the retail chains. Low cost smart phones are understood as the products priced between VND1.5-3 million. … [Read more...]

Cell phone buying energy not as strong as expected


VietNamNet Bridge - Although the Lunar New Year 2013 is drawing near, the cell phone buying energy remains mild, contrary to expectation of retailers. Dinh Anh Huan, sales director of the retail chain, said mobile phone sales had picked up slightly, estimated at 20%, versus a growth of 40% last year. At this time in previous years, the buying energy was very strong, but it seems to cool down this year. This suggests consumers are tightening their purse strings under the impact of economic downturn, said Huan. The latest statistics of show that its cell phone sales fell slightly in December last year and the sales volumes and revenues of the other months were almost the same, without any sudden growth. On average, the retail chain sold around 300,000 cell phones per month. Other mobile phone retailers like Mai Nguyen, FPT Shop, Vien Thong A and Viettel Smart also record modest growth in purchasing power. Smartphones with reasonable … [Read more...]


Thua Thien-Hue plans to attract VND2.9 tril. investment into IPs The central province of Thua Thien-Hue has planned to lure VND2.9 trillion worth of investment in its industrial parks (IPs) this year. This year, enterprises in IPs are expected to disburse nearly VND 2,890 billion and employ some new 3,000 people (up 21.9% against last year). In 2012, they made industrial production value of VND3,247, accounting for 39.2% of the province's total, and export turnovers of US$294.6 million, representing 64% of the total. IPs have lured 78 investment projects, including 42 operational ones. They enticed VND7,200 billion worth of investment in 2012, trebling the figure in 2011. Phu Quy wind farm opens The 6-megawatt Phu Quy wind farm in Phu Quy island district , Binh Thuan province began full operation on January 24, after a successful testing period in August, 2012. The wind farm, funded by the PetroVietnam Power Corporation, is the first one in Vietnam that uses both … [Read more...]

Viettel joins phone production group

Van Oanh Viettel last month introduced some cell-phone products designed and produced by its plant, including both low-cost ones and smart-phones. Previously, Viettel's cell-phones were produced by China-based Huawei and sold with Viettel's mobile packages. According to Le Dang Dung, deputy general director of Viettel Group, its products not only target the domestic market but also foreign markets that the group has invested in such as Cambodia, Laos, Mozambique, Haiti and Peru. Dung said that the handheld device production was a potential market for the telecom sector. Besides, the production of smart-phones integrated with mobile packages aims to boost the use of Viettel's 3G services among consumers, he added. Components used in phone production are imported from the U.S., South Korea and China, according to Viettel. … [Read more...]


Bullet train gets a second look The Ministry of Transport is conducting a new feasibility study for the construction of North-South Express Railway, with a focus on two initial sections - Ha Noi - Vinh and HCM City - Nha Trang. The study has been initiated after the National Assembly last June rejected the complete 1,570km North-South Express Railway project, saying the cost of US$55.85 billion was prohibitive. "We have to build an express railway, but every step of the construction will be studied carefully and properly and we are conducting a new feasibility study for that," said Transport Minister Ho Nghia Dung. … [Read more...]

Oct. 27-Nov. 3: Vietnam, India agree to promote strategic partnership

Prime Minister Nguyen Tan Dung (left) and his Indian counterpart Narendra Modi at talks in New Delhi on October 28 (Source: VNA)    NDO - A Nhan Dan Online selection of noteworthy events that made the headlines in the past week.

1. PM Dung's official visit to India to promote strategic partnership Prime Minister Nguyen Tan Dung paid an official visit to India at the invitation of his Indian counterpart Narendra Modi from October 27-29. PM Nguyen Tan Dung meets with General Secretary of the CPI S. Sudhakar Reddy. (Credit: VGP) During the visit, he held talks with Modi, met with President Pranab Mukherjee, Vice President and Chairman of the Indian Parliament's Rayja Sabha (Upper House) Hamid Ansari, Speaker of the Lok Sabha (Lower House) Sumitra Mahajan, and Minister of Exteral Affairs Sushma Swaraj. He also attended and delivered a speech at the Vietnam-India Trade and Investment meeting and had talks with leaders of some major economic groups in India such as TATA, ESSAR and ILFS. The two sides issued a joint statement on the visit. 2. Tanzanian President's visit to further boost bilateral ties President Truong Tan Sang (right) and President Jakaya Mrisho Kikwete (Source: VNA) Tanzanian … [Read more...]

Tanzanian President concludes his visit to Vietnam


Tanzanian President Jakaya Mrisho Kikwete (VOVworld) - Tanzanian President Jakaya Mrisho Kikwete left Hanoi on Wednesday, concluding his 3-day visit to Vietnam at the invitation of President Truong Tan Sang. During his stay, President Kikwete held talks with President Truong Tan Sang, paid a courtesyvisit to Party leader Nguyen Phu Trong, and met with National Assembly Chairman Nguyen Sinh Hung. During President Kikwete's meetings with Vietnamese Party and government leaders, both sides discussed international issues of mutual concern and agreed on closer cooperation on regional and international forums to build a more equal and democratic world for peace, stability, cooperation, and development. They reached consensus on boosting political cooperation through high-level delegation exchanges, improving people-to-people diplomacy, and connectivity among both countries' major countries to enhance mutual understanding between the two peoples. They pledged to create favorable conditions … [Read more...]

Viettel to launch 3G services in Tanzania


(VOV) - The military-run telecom group Viettel plans to commence construction of a new third-generation (3G) mobile phone network in Tanzania this November with services expected to begin by July 2015. Viettel announced its plan during Tanzanian President Jakaya Mrisho Kikwete's recent visit to Vietnam to promote technology enhancement in the East Africa nation. "Viettel is elated to have received final approval for the project to construct its second overseas 3G mobile phone network," Viettel Director General Nguyen Manh Hung said. At a reception for President Kikwete at Viettel group's headquarters in Hanoi, General Director of Viettel Global Tao Duc Thang briefed the President on its business strategy for developing the Tanzanian market and asked for his support. Over the past decade, the telecom industry in Tanzania has developed strongly. Currently there are roughly 28.88 million mobile subscribers out of a total population of 45 million, representing market penetration of … [Read more...]

Breakfast @ Tuoi Tre News – Oct 29

Here are some leading news stories about Vietnam in brief for October 29, 2014.Society: -- A recent investigative report by Tuoi Tre (Youth) newspaper reveals civil officials in Binh Phuoc southern province have been 'granted' dozens of hectares of forest land to plant rubber trees. … [Read more...]

Press digest – October 28

PM Dung holds talks with Indian counterpart Viet Nam and India reaffirmed commitments to developing their strategic partnership across the board in the coming time. The agreement was reached on October 28 during talks between PM Nguyen Tan Dung and his Indian counterpart Narendra Modi during his official tour to the South Asian country. PM Modi reiterated that India considers Viet Nam as an important pillar in its Look East Policy. PM Dung hailed the greater role India is playing in the region and the world. … [Read more...]

National Assembly Chairman Nguyen Sinh Hung receives Tanzanian President

National Assembly Chairman Nguyen Sinh Hung welcomed Tanzanian President Jakaya Mrisho Kikwete (Photo: VNA)

(VOVworld) - Vietnam always treasures friendship cooperation with Tanzania. National Assembly Chairman Nguyen Sinh Hung received Tanzanian President Jakaya Mrisho Kikwete on Tuesday. Chairman Hung called for more cooperation in telecom, agriculture, culture and education and pledged his best to boost bilateral ties. President Jakaya Mrisho Kikwete said he will do his best to boost traditional friendship and cooperation. Hung conveyed his invitation to Tanzanian Parliament speaker to participate at the IPU 132 in Hanoi next year. … [Read more...]

Enhancing Vietnam-Tanzania economic cooperation

Tanzanian President Jakaya Mrisho Kikwete addressed the discussion

(VOVworld) - The Vietnam Chamber of Commerce and Trade, VCCI, and the Tanzanian Investment Center co-organized a round-table discussion between Vietnamese and Tanzanian businesses on Tuesday. Speaking at the event, Tanzanian President Jakaya Mrisho Kikwete said the Tanzanian enterprises come to Vietnam to seek cooperative opportunities and boost bilateral trade and investment relations. He said Tanzania, as a member of the African Economic Association consisting of 14 members, is a gateway for Vietnamese enterprises to access the 400-million-population market. … [Read more...]

NA Chairman affirms close ties with Tanzania

NA Chairman Nguyen Sinh Hung (R) and Tanzanian President Jakaya Mrisho Kikwete

(VOV) -Vietnam always attaches importance to strengthening the traditional friendship and cooperation for mutual benefit with African countries, including Tanzania, said National Assembly Chairman Nguyen Sinh Hung. NA Chairman Hung made the statement on October 28 in Hanoi while meeting with Tanzanian President Jakaya Mrisho Kikwete. Hung suggested the two countries should beef up cooperation in the fields of agriculture, trade and education. He spoke highly of the Tanzanian President's current State visit to Vietnam at the invitation of State President Truong Tan Sang, saying the visit is timed to coincide with the 50th anniversary of the establishment of Vietnam-Tanzania diplomatic relations. … [Read more...]