Vietnam may allow private investments in telecom infrastructure
Viet Nam may allow private companies to invest in developing telecommunications infrastructure, Deputy Minister of Information and Communications Le Nam Thang said.
The government will seek final approval for a draft regulation from the National Assembly, which is scheduled to meet in May, Thang said in a telephone interview from Hanoi Thursday.
Vietnam’s private companies may not be interested in the market as the spending may be high with rates of return lower than other service-based businesses, said Nguyen Thanh Ha, a Hanoi-based consultant with Vietbid, a company that advises on investments in telecommunications projects.
Viet Nam has delayed the entry of private companies in developing telecommunications infrastructure on concern security will be compromised and foreign providers will edge out domestic operators, Ha said. (Bloomberg)
