Mytel’s development strategy will focus on trading in the data and new digital service segments in Myanmar, based on the four-word motto D-A-T-A. Viettel announces business strategy for Mytel operations in Myanmar Mytel’s D-A-T-A stands for Digital & new services, Advanced technology, Trustworthy, Affordable & various services. According to the plan, within the first year of starting operations in Myanmar, Mytel will have 7,000 base transceiver stations (BTSs) nationwide and 30,000 kilometres of optical fibre cables. After the official launching ceremony on June 6, Mytel will become the first and only telecommunication provider in Myanmar supplying 4G services nationwide. This business plan is different from existing competitors’ who prioritise on rolling out 4G services in large cities before extending their reach to rural and remote areas. Regarding the charges, at first, Mytel will charge calls and texts at half the going rate at competitors in … [Read more...] about Viettel announces business strategy for Mytel
Develop business strategy
PM calls for investors to build long-term business strategies in Tuyen Quang
The Hanoitimes - While making his speech at an investment promotion conference held by Tuyen Quang Province on February 27, Prime Minister Nguyen Xuan Phuc express his hope that investors will build long-term business strategies in the locality. An investment, trade and tourism promotion conference, the first of its kind, was held by Tuyen Quang Province on February 27.Prime Minister (PM) Nguyen Xuan Phuc attended the conference. Addressing the event, PM Phuc said that he had held a working session with the province leaders on February 26 addressing many issues, including the building of a 40km highway connecting Phu Tho with Tuyen Quang and the Noi Bai–Lao Cai highway. The Government leader noted that the planned construction of a 40-km road connecting Tuyen Quang with the Hanoi-Lao Cai expressway will help reduce the travel time between the locality and Hanoi as well as other key economic areas in the north. The PM urged the local authorities to focus on developing spearhead … [Read more...] about PM calls for investors to build long-term business strategies in Tuyen Quang
Bản in : Wood firms seek new business strategies
HCM City (VNA) – Wood enterprises gathered at a workshop in Ho Chi Minh City on January 20, to map out business strategies in 2016. The event was held by the Handicraft and Wood Industry Association of Ho Chi Minh City (HAWA). Chairman of the HAWA Nguyen Quoc Khanh said 2016 is opening up excellent opportunities for the wood sector, especially with Vietnam having joined the ASEAN Economic Community last year, and signed a series of new-generation free trade agreements (FTAs). Businesses should have a new vision to orient their development in the light of global integration, he said. Chairman of the Truong Thanh Furniture Corporation Vo Truong Thanh, suggested businesses should maintain many sources of material supply which can guarantee criteria on product origins - in accordance with the commitments of the free trade agreements. This will help businesses secure their foothold in the domestic market and boost export activities, he said. Meanwhile, Chairman of the Woodland … [Read more...] about Bản in : Wood firms seek new business strategies
Responsibility is business strategy
Responsibility is business strategy (19-02-2009) Ha Noi — Corporate social responsibility is a manifestation of enterprises' commitment to sustainable economic development and improving the quality of life of workers. In a broader sense, exercising corporate social responsibility (CSR) will also help enterprises boost their competitiveness on the global market. Nguyen Lam Vien, director general of the Vinamit Corporation, says Vietnamese enterprises have launched many programmes for helping the community, including humanitarian efforts and support for workers in disadvantaged circumstances. "But what they have done so far stems from their consciences and kind hearts," said Vien. Nguyen Quang Vinh, deputy director of the Enterprises' Office for Sustainable Development under the Viet Nam Chamber of Commerce and Industry, said that any enterprise committing to share profits with people and be a part of the community is exercising CSR. And though enterprises are not mandated under … [Read more...] about Responsibility is business strategy
Vincom to change business strategy
Vincom to change business strategy (19-01-2009) HA NOI — Vincom has decided to delay further investments in the financial sector this year, despite healthy turnover from this sector in 2008. The company, primarily dealing in real estate, had opened securities firms and started making investments in the financial sector, which earned the company VND361 billion (US$20.6 million) last year, whereas the turnover from its property trading was about VND286 billion ($16.3 million). "Now is not a good time to make these financial investments," said Le Khac Hiep, a member of Vincom's management board, who said the suspension had been planned since the third quarter of 2008, the beginning period of global economic downturn. "We have enough capital to expand the business into the finance sector. But it sounds risky to put shareholders' benefit into what is not our opportunities," Hiep added. Instead, the company will focus all the capital and human resources to complete the real estate … [Read more...] about Vincom to change business strategy