Business

Indochina Telecom debuts first mobile virtual network in Vietnam

By Minh Thu April 26, 2019 | 09:25 AM GMT+7

With 087 as its network code, Indochina Telecom has become the first mobile virtual network operator in Vietnam after a decade of struggling to put it into service.

Indochina Telecom is the latest mobile network operator in Vietnam.

Indochina Telecom yesterday announced the launching of the country’s first mobile virtual network that will compete with five other operators.

Unlike the traditional mobile network model, a virtual network operator does not have to build telecommunications infrastructure and instead, it will cooperate with large telecoms networks to use their existing infrastructure.

Indochina Telecom is partnering VNPT Group subsidiary VinaPhone after it failed to negotiate a similar deal with Viettel.

Its deputy general director Luu Anh Son said the virtual model would help save considerable costs, time and effort whilst still ensuring quality for users.

Reselling voice and data packages is an effective way for VinaPhone to share network operating costs and quickly recover the initial investment, he added.

Indochina Telecom has started to introduce services for workers in industrial parks in nine provinces and cities including Hanoi, Thai Nguyen, Vinh Phuc, Bac Giang, Bac Ninh, Binh Duong, Ho Chi Minh City, Long An and Dong Nai.

The operator is offering a package allowing users to enjoy all under-20-minute call within the network and Vinaphone and 30 minutes call to other network at cost of VND77,000 ($3.3) a month.

Son said the operator would cooperate with all other networks to create convenient services with best connection but at reasonable price.

There will be a variety of packages to provide for different groups and user segments, he added.

Vietnam currently has five mobile network operators including Vinaphone, MobiFone, Viettel, Vietnammobile and G-tel.

Vietnam's opportunity in a shifting global EV market

Vietnam's opportunity in a shifting global EV market

Business -  3 day

The global electric vehicle boom presents numerous opportunities for Vietnam's economy, supported by leading technology suppliers like Bühler Group.

Maersk expands northern Vietnam operations with first bonded warehouse

Maersk expands northern Vietnam operations with first bonded warehouse

Business -  2 week

A.P. Moller–Maersk has launched its first bonded warehouse in Vietnam, situated in the SLP Park in Nam Dinh Vu Industrial Park, Haiphong.

T&T Group unveils $4.5 billion sports complex and theme park project in Hanoi

T&T Group unveils $4.5 billion sports complex and theme park project in Hanoi

Business -  2 week

Vietnam's T&T Group and Qatar’s JTA investment group have unveiled plan to develop a $4.5 billion international-standard sports complex and Disneyland-style theme park in Hanoi’s Dong Anh district.

Quang Nam’s mountain produce makes its debut at Mena Gourmet Market

Quang Nam’s mountain produce makes its debut at Mena Gourmet Market

Business -  2 week

This initiative aims to bring unique agricultural products from the region to visitors and consumers in Vietnam.

MiLAW Project: A breakthrough in space exploration

MiLAW Project: A breakthrough in space exploration

Business -  1 month

Michelin has been selected by NASA to participate in the research team for phase 1 of the Artemis project. The company's task involves researching and developing specialized airless wheels intended for lunar rovers.

Why the principle of “Trust” drives Bcons Group’s success

Why the principle of “Trust” drives Bcons Group’s success

Business -  1 month

Bcons Group has been leaving a lasting impression on the southern Vietnam’s real estate market. At the core of its achievements lies a single principle - “Trust” - the foundation that has propelled the company toward success and accelerated its transformation into a multi-industry conglomerate.