Speaking at a press briefing in Hanoi on May 10, Bui Quoc Viet, Director of the Centre for Information and Public Relations under the Vietnam Post and Telecom Group (VNPT) stated that Vietnam has been considered as the world’s most attractive market for telecom, IT and electronics as the event will see the participation of telecom firms and groups from Singapore, France and China.

Vietnam Telecomp/ Electronics-Internet & IT 2010 is expected to draw 200 enterprises from 15 countries and territories. Vietnam’s giant telecom and IT providers, including VinaPhone, MobiFone, VDC and FPT, will participate in the event.

Over the past four months, Viet said, the country’s connectivity index has increased by 16 levels, the most impressive achievements among developing countries. The result is considered as a prerequisite for the nations’ telecom sector to fulfil a target of US$10 billion in revenue this year.

Besides introducing products that benefit the socio-economic life like broadband, television and Internet and software, Vietnam Telecomp/ Electronics-Internet & IT 2010 will include several symposiums on developing the 3G services, broadband, multimedia and activities of providing information in the areas of radio and television broadcasting.

The International Telecommunications Alliance said Vietnam is among nations with highest telecom growth rate in the world in recent years.

By the end of April, the country’s number of telephone subscribers reached 143.8 million, a year-on-year increase of 56.2 percent. Of the figure, 123.9 million were mobile phone subscribers. The country also has about 3.2 million Internet subscribers with nearly 24.3 million users, making up 27.5 percent of the population.