Samsung Vietnam occupies 98% of the phone export turnover

Hoa Nguyen, ANT Consulting End of 2012, Vietnam’s export turnover of phone and components reached 12.64 billion USD, increased by 97.7% compared with 2011. Particularly, the phone and components achieved the highest growth rate in 2012 in the group of processing industry. Contributed significantly to the above export turnover number are the products of Samsung … Read more

Samsung planning to invest 2.2 billion USD in Vietnam

The mobile phone corporation from Korea has just announced their plan in the next year as well as in the long term, in which Vietnam will play an important role, producing 50% of total Samsung’s worldwide mobile phone. Accordingly, in 2013, Samsung is targeting to produce 510 million mobile phones, sharply increase from the number … Read more

Vietnam’s 10 remarkable telecommunication and information technology events in 2012

1. Prime Minister planned to have at least 3 mobile networks to compete On July 31st 2012, the Prime Minister approved the national telecommunication development plan till 2020. Accordingly, in every important telecommunication services such as cellular, broadband internet, fixed landline and international landline, there must have at least three service providers to ensure competition. This … Read more

Ayala – the giant trying to acquire Sai Gon water sector

Ayala Corporation is the largest and richest in terms of tradition in the Philippines. The four pillars of the corporation are Ayala Land in the field of real estate, Bank of the Philippine Islands (BPI) in the field of banking and finance, Globe Telecom in the telecommunications sector and Manila Water in the water supply sector. Ayala marked the appearance in Vietnam … Read more

Vietnam telecommunication report Q1/2013

BMI View:  Although Vietnam’s telecoms sector is generally exhibiting declining growth momentum, we believe the market still harbors significant potential given that the bulk of consumers are using basic, low-value services.  The 3G sector is particularly attractive as consumers have yet to see the benefits of the service, in addition to other hindrance to adoption such as a … Read more