development of the telecoms sector

Hanoi (VNA) – The Vietnamese government always prioritises the development of
the telecoms sector and has continuously worked to create favourable business
environment for investors, said an official from the Ministry of Information and
Communication (MoIC).

Despite the negative impacts of the global economic recession, Vietnam remains one
of the few countries in the Asia-Pacific region to achieve a high growth rate in
telecoms development, said MoIC Deputy Minister Le Nam Thang at the opening of the
first Vietnam Telecoms Growth Conference in Hanoi on Sept. 23.

Together with increasing foreign investment in the telecoms sector, especially
from multi-national groups, the Government is trying to improve related
legislation to ensure the sector’s sustainable development, the deputy minister
said.

Nitin Bhat, Vice Senior President for the Information Communications Technology
(ICT) Practice at the company Frost and Sullivan, who is also the conference’s
chairman, spoke highly of the developments in Vietnam ’s telecoms sector,
adding that foreign investors are eager to get involved in this market.

He said he hoped that Vietnam ’s telecoms market will offer more
opportunities for developers and equipment suppliers.

Participants at the two-day conference, themed “Maximising Growth Opportunities
in Vietnam ’s Telecoms Industry,” will discuss the impacts of 3G technology
and opportunities for developing internet broadband services in Vietnam .

According to the International Telecoms Union, Vietnam has emerged as one of the
fastest developing telecoms countries in the world.

By the end of August, the country had 113.7 million telephone subscribers, a
year-on-year increase of 70 percent, of which 96.5 million are mobile phone users.


Over 21.6 million people, or 25.3 percent of the population, are Internet
users.-Enditem