In 2015, local telecom companies obtained a total estimated revenue of over VND340 trillion ($15 billion) and paid taxes of VND48.88 trillion ($2.16 billion), according to a report by the Ministry of Information and Communications.

 The MobiFone Telecommunications Corporation targeted total revenue of VND35.8 trillion (US$1.59 billion) in 2016, 10 per cent higher than that of 2015, and a profit of VND5.2 trillion ($231 million).

VietNamNet Bridge - Many businesses, including big conglomerates, failed to implement their IPO (initial public offering) plans in 2015, thus leaving investors disappointed. 

 VietNamNet Bridge – To keep up with the latest technology trend, MobiFone will provide Big Data services next year, said Nguyen Bao Long deputy general director of MobiFone.

VinaPhone has launched a big sale promotion campaign, while Viettel plans to provide 4G services soon. All players have geared up for the competition in the new development stage, with Viettel considered the dominant enterprise.

VietNamNet Bridge - Experts believe that it is time for mobile network operators to open the 4G playing field. Viettel has announced it will begin providing 4G services soon.

VietNamNet Bridge – Increasing the number of 3G subscribers and developing 3G-based services that connect smart mobile devices will be the most important tasks for telcos in 2015.

MobiFone was separated from Vietnam Posts and Telecommunications last year. This has created a tripodal position in the mobile phone market and is expected to cause many changes this year.

 VietNamNet Bridge - Along with Viettel, the Vietnam Post and Telecommunications Group (VNPT) and MobiFone plan to reach out to foreign markets.

 The Ministry of Information and Communications has approved the addition of digit ‘1' to the ‘090' and ‘093' prefixes in mobile phone numbers operated by the MobiFone Telecommunications Corporation.

 VietNamNet Bridge - The privatization of MobiFone Telecommunications Corporation this year is extremely attractive to both domestic and foreign investors.

The Ministry of Information and Communications has approved MobiFone’s request to add the number “1” after the 090 and 093 prefixes, resulting in an additional 2 million 10-digit numbers being provided to the domestic market.

According to the latest report of the Ministry of Information and Communication, Viettel’s revenue this year is 1.5 times higher than that of both the Vietnam Post and Telecommunications Group (VNPT), which owns VinaPhone and MobiFone.

 VietNamNet Bridge - Vietnam’s telecommunications industry in 2014 saw significant changes, with the most important being the change of senior leaders of Vietnam Post and Telecommunications Group (VNPT), Viettel, MobiFone and VinaPhone.

 VietNamNet Bridge – Vietnam Mobile Telecom Services Company (MobiFone) has officially become MobiFone Telecom Corporation under the Ministry of Information & Communications’ decision.

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 In keeping with Vietnam Post and Telecom Group (VNPT)' June-approved grandscale restructuring plan, a recent proposal to establish three new firms was submitted to the Ministry of Information and Communications and the Prime Minister.

 VietNamNet Bridge – Viet Nam's small mobile carriers have sought a postponement of the implementation of a policy allowing mobile phone users to change network providers without having to change their phone numbers.

 VietNamNet Bridge – A number of foreign telecom firms have expressed strong interest in acquiring shares of MobiFone when this mobile carrier launches an initial public offering (IPO), probably next year.

 VietNamNet Bridge – The Ministry of Information and Communications (MIC) will submit its equitisation plan for Mobifone to the Government by end-2014 and if approved, it will implement this plan in 2015.