rate of 60-70% a year, the highest in
the Vietnamese mobile phone market has become an attractive destination for
foreign telecom groups.
representative office in
said that the domestic mobile telecom market has seen spectacular progress and
his company is eager to expand its investment in the market.
the seven largest mobile phone service providers in the world, Telenor came in
in 2005, is planning to become a strategic partner of a Vietnamese mobile phone
to telecom companies which have run businesses profitably in
Siemens and Nokia, the coming of many new trademarks including Telenor of
Norway, NTT DocoMo of Japan, Vodafone of Britain and Lucent Technologies of the
in the country has shown foreign investors’ keen interest in this market.
businesses have not only developed marketing in
establish joint ventures and took part in the equitisation of domestic telecom
companies. According to statistics, by the end of July 2008,
more than 48 million mobile phone subscribers with four largest national
providers, namely MobiFone, VinaPhone, Viettel and S-Fone.