The introduction of 4G and 5G will be important foundations for Vietnam’s digital economy.
The Ministry of Finance has proposed amendments to the Law on Tax Management, aiming to enhance efficiency of tax collection from multinational companies, cross-border transactions and online businesses.
Ministries have approved the restructuring plans of additional state-owned enterprises, with the latest including the Vietnam Mobile Telecom Services One Member Limited Liability Company (Mobifone) and the Vietnam Post Corporation (VNPost), in line with the Government’s SOE restructuring action plan.
Telecom operator Vietnam Posts and Telecommunications Group (VNPT) expects to hold its initial public offering (IPO) in 2019, according to the group’s chairman Tran Manh Hung.
Vietnam’s leading state-owned telco is set to make its initial public offering and complete its equitisation in 2019.
The official results of quality checks on the stability and speed of 4G mobile Internet services offered by two major carriers in Vietnam have been released.
Thee major telecom network providers - Viettel, VinaPhone and MobiFone - started testing mobile number portability (MNP) on September 21, which allows subscribers to keep existing mobile number when switching networks.
Vietnam’s revenue from information and communication technology in 2016 reached nearly US$68 billion, posting an 11.49% year-on-year increase.
Following Viettel, it is now the turn of MobiFone and VinaPhone to join the battle for 4G supremacy as they have just concurrently introduced a number of competitive price plans with slight differences for various 4G packages.
It is forecasted that the value of mergers and acquisitions (M&A) deals in 2017 will not exceed those of 2015 and 2016, thus, the market needs a boost from enterprises and the government to leverage the opportunities from foreign capital to make a breakthrough.
MobiFone’s newfound cooperation with international technology companies is enhancing its influence in the Vietnamese market and may also benefit the company’s upcoming initial public offering (IPO).
Vietnamese mobile carrier Mobifone announced on May 26 it has cooperated with the world’s largest social network to launch Facebook Flex, a service allowing its subscribers to use Facebook without any data charges.
VOV.VN - Demand for new mobile services has dropped over the past year and growth in the segment has come to a standstill, said Pham Hong Hai, deputy minister of Information and Communications at a recent forum in Hanoi.
In 2007, the State Bank began testing intermediary payment services. Nine pioneers in the market received licenses to provide services. By February 2017, the number of service providers had reached 20, each of which targeted specific groups of clients.
4G is going to be officially launched and this will open up a new race among Vietnamese network providers.
The Prime Minister’s newly released decision on the divestment plan in 2016-2020 includes many large corporations such as VNPT, MobiFone, Agribank and Vinacomin.
Leading telecom service providers Viettel, MobiFone and VinaPhone are scrambling to put up base transceiver stations and pilot 4G services to be ready to officially offer them this quarter.
Viettel, VinaPhone, and MobiFone are preparing for piloting their 4G services before the official launch in the first quarter of 2017, as ordered by the Minister of Information and Communications.
The three telecommunication groups under direct management of the Information and Communications Ministry (MIC) will have to develop their equitisation plans in 2017, according to Minister Truong Minh Tuan.
Two giants mobile network operators MobiFone Telecommunications Corporation (MobiFone) and Vietnam Post and Telecommunications Group (VNPT) are aiming to conduct their equitisation in the 2016-2020 period.