Wireless internet, or WiFi (Wireless Fidelity) technology, has been introduced to big cities in Vietnam in recent years, but the number of users of the service remains low, according to local internet service providers. A major reason for the slow growth of the technology is the lack of advertising on the part of the country's providers. The Vietnam Data Communication Company (VDC) and Viettel are the only two of the seven internet suppliers to provide the WiFi service, but even these providers have only installed WiFi technology in international airports, big hotels and coffee shops. … [Read more...] about Wireless Internet market slow to take off in Vietnam
Reasons internet is slow
Talk Around Town (25-11-2007) Over the hill? No reason to stay off the 'net by Binh Minh For most people in Viet Nam the internet belongs to the young, to business people, to officials; but recently, the elderly have discovered the use value of being able to comfortably engage with new technology. Though the internet now connects billions of people across the world, it only became popular in Viet Nam around seven years ago. Since then it has spread across the nation, making Viet Nam one of the countries with the most rapid internet-spread worldwide. And as people use it more, they require it more, so that now, everyone from students to engineers, in rural to urban areas now find the internet an indispensable element in their daily lives. Some elderly are still slow to catch on. Many don't know what the internet is, and others wonder how it works. For me, my grandparents were surprised when I told them I'd learned from Yahoo Messenger what my brother has been up to while studying … [Read more...] about Over the hill? No reason to stay off the ‘net
Last year saw a dramatic rise in the development of Vietnam's card market, with local and foreign banks leading the charge. The automated teller machines (ATMs) network is growing and more retailers are catching on by accepting card payments. But when will plastic money really take off in Vietnam? For Vietnamese consumers, it has certainly been difficult to kick the old habits to pay for everything in cash and switch to credit cards or ATM cards. But Le Van Be, general director of the Military Bank, has his own way to convince members of the bank's management board to launch the card service. "If we look back a few years, when mobile phones were first introduced to Vietnam, many said it was not the right time. Look what's happened since then. I think one day in the near future, Vietnamese people will flash their cash cards around like fashion accessories, in the same way they flash their mobile phones around today," he said.Last October, the Military Bank decided to join the card … [Read more...] about When cash is king, can plastic reign?
Vietnam telecom market is hot By Hien Nguyen in HCMC Vietnam's telecom market is not a sweet cake but truly a hotcake for investors. Since late July, the market has welcomed a couple of new players to make it hotter than ever. In early August, a rumor about South Korean-based SK Telecom (SKT)'s farewell emerged. Tuoi Tre newspaper reported that the South Korean telecom provider would say goodbye to its partner Saigon Postel after a long time of cooperation. Ho Hong Son, managing director of S-Fone, confirmed with the Daily that it was not a farewell because SKT and Saigon Postel are negotiating to turn the business cooperation form into a joint venture or adjust the BCC contract. "The information that declared SKT withdrew from S-Fone was incorrect. SKT has not continued investing, that does not mean they have fled from S-Fone. SKT's role in the project is an open story and the result of our negotiations is a final answer," Son emphasized. In 2005, SKT announced to add US$543 million … [Read more...] about Vietnam telecom market is hot
Speed of internet connections counts By Thuy Linh - The Saigon Times Daily HANOI - Whatever telecom technology is, it is all about how fast internet access is, local businesses were told. Saiful Hidayat from Indonesian telecoms provider PT Telekomunikasi said on Wednesday that for most of his company's six million users who had subscribed to the third generation, or 3G, mobile phone service, high-speed internet access was important. Speaking at the opening of the two-day event, the second of its kind to be held so far in the country, Karan Henrik Ponnudurai from the Malaysian Celcom company said a massive increase in internet traffic had driven growth in this new technology worldwide. "It's pure internet access, nothing more, nothing less." In Vietnam, which has seen internet subscriptions leap by 100 times in nine years, conventional mobile technology like 2G is being challenged, an official said. Nguyen Phong Nha, deputy director general of the Department of Telecommunications of … [Read more...] about Speed of internet connections counts