Ericsson Ventures Into Vietnam’s Market

Ericsson, a leading telecoms group from Sweden, has announced the establishment of its wholly owned company in Vietnam on January 21, 2008.
According to Eddie Ahnam, General Director of Ericsson Vietnam Limited Liability Company, the company, which has a total investment capital ranging from US $1.2-1.4 million, will increase its investment in line with the market’s growing demand.
Ericsson Vietnam will provide the local market with equipment and network system solutions, services in network management and control, multimedia and systems integration, and mobile phones.