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Vietnam Telecommunications Services Market Report Quarterly Updates (Quarter One - 2011)
Bien Ngoc Nguyen, March 2011, Pages: 15
Readers have studied the Vietnamese telecommunications industry in most careful consideration in the publisher's annual report. The annual report did a good job providing details on legal basis, historical development of regulation and market liberalization, key government agencies, tariffs regulation, interconnection and shared infrastructure issues, management of scarce resources such as spectrum and numbering plans, and the operation of universal telecommunications services fund. We will surely understand in depth the way the telecommunications market has been developed in Vietnam.
Catching up with latest trends and most recent market evolvement is the basic needs that decision makers must have to build and leverage a competitive advantage against their competitors in a fast-paced changing market which customers are having more and more choices and are more and more demanding. The publisher's quarterly updates are here to help subscribers keep up with what are going on out there. Not simply providing the collected data, the publisher provides their thoughts as a reference for decision makers.
The Vietnamese telecommunications industry has grown rapidly and now is reaching a more saturated stage where mobile communications is becoming the key driver. Competition on prices has distorted the market and the need of industry consolidation and restructuring is obvious if a positive-sum game is expected. We have seen some efforts to encourage market liberalization. We can tell that privatization is forced to occur and now the trend of M&A has begun. All we need is to have an effective regulation so that the competition equation can be reached.
Despite several challenges, the telecom and IT industry is still the leading-edge of Vietnam. If figures are all correct, this industry contributes between 6% and 7% of 2010 GDP.
What really distinguishes Bien Ngoc Nguyen and their titles from other notable market research providers is that they are Vietnamese. They live in Vietnam and are working on the field
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