Tech, telecom firms thrive during Covid-19

Technology firms and telcos are believed to be doing well thanks to the higher demand for technological solutions to organize the work-from-home regime. 

However, they also have to struggle to survive during this difficult period.

Software engineers at FPT Group, the largest Vietnamese IT corporation, said the epidemic has not affected their income, but they have had to work harder.

Tech, telecom firms thrive during Covid-19



FPT has made every effort to ensure jobs for its 36,000 workers. FPT president Truong Gia Binh swore that no worker of the group would lose jobs during Covid-19.

Binh made the statement after commenting that Vietnam has been doing very well in the prevention and fighting against Covid-19. While India and China, the two largest software export centers of the world, are meeting difficulties in their efforts to control the epidemic, FPT will try to find more clients and take more orders to get money to pay workers.

Viettel has also been hit by Covid-19, but it hassn’t thought of laying off workers. President of CMC Group Nguyen Trung Chinh also said despite the epidemic, the group won’t sack workers.

Viettel has also been hit by Covid-19, but it hassn’t thought of laying off workers. President of CMC Group Nguyen Trung Chinh also said despite the epidemic, the group won’t sack workers.

 


In the context of the epidemic escalation, MobiFone, one of the three largest mobile network operators, predicted a decrease of VND6.684 trillion in revenue and VND1.526 trillion in profit compared with the plan.

To Manh Cuong, CEO of MobiFone, also affirmed that MobiFone will not lay off workers, though it may have to think of cutting salaries if the epidemic lasts a long time. In principle, salaries for workers are defined based on their business results.

As for VNPT, the corporation estimated the decrease of VND6.161 trillion in revenue and VND817 billion in profit. Like MobiFone, it will maintain the current staff, according to VNPT’s deputy CEO Do Dung Thai.

Some analysts believe that technology firms and telcos will make fat profits in Covid-19 because many enterprises have shifted to the work-from-home regime. Thid has led to higher demand for fixed internet, telephone contact, 3G and 4G services.

However, the firms have denied this, affirming that their revenue has decreased.

The Ministry of Information and Communications (MIC) has requested that telcos make contributions to the fight against Covid-19 by reserving internet bandwidth for online learning and distance working.

Since early April, Viettel has increased the bandwidth by two times for all FTTH subscribers, and it hasn’t chargef higher service fee. As for those people in concentrated quarantine areas, the telco offers a preferential service package for 14 days.

VNPT and MobiFone have also taken similar moves.

As such, telcos have to pay more for bandwidth rents and transmission capacity, while the revenue is expected to decrease because of many sale promotion programs.

Linh Ha 

Vietnamese telcos target 5G chipsets and devices

Vietnamese telcos target 5G chipsets and devices

Experts and leading IT and telecom firms shared experience and discussed the possibility of co-operation in manufacturing 5G chipsets and network infrastructure devices during a seminar in Hanoi on Wednesday.

Coronavirus: Scientists brand 5G claims 'complete rubbish'

Coronavirus: Scientists brand 5G claims 'complete rubbish'

Claims 5G harms immune systems or spreads the virus have been condemned by the scientific community.

 
 

Other News

.
Quang Nam Beach covered in rubbish
Quang Nam Beach covered in rubbish
SCI-TECH & ENVIRONMENTicon  23/06/2020 

Over 1km of beach in Tam Hai Island, Quang Nam Province, is completely covered in rubbish swept in by the tides.

HCM City targets 1,000 MWp of rooftop solar power at industrial zones by 2024
HCM City targets 1,000 MWp of rooftop solar power at industrial zones by 2024
SCI-TECH & ENVIRONMENTicon  23/06/2020 

HCM City aims to have 1,000 MWp of rooftop solar power capacity installed by 2024 in its industrial parks, export processing zones and high-tech parks, up from 700MWp now.

Vietnam effectively curbs impacts of drought, saline intrusion in Mekong Delta
Vietnam effectively curbs impacts of drought, saline intrusion in Mekong Delta
SCI-TECH & ENVIRONMENTicon  23/06/2020 

Mekong Delta provinces have experienced the most severe drought and saline intrusion ever in the dry season 2019-2020 but the negative impacts on agriculture production and daily life were minimised significantly thanks to effective measures,

Vietnam’s network sharing deal a boon for future telco collaborations: Fitch Solutions
Vietnam’s network sharing deal a boon for future telco collaborations: Fitch Solutions
SCI-TECH & ENVIRONMENTicon  22/06/2020 

Vietnam’s four State-owned mobile operators – Viettel, VNPT-Vinaphone, GMobile and MobiFone – have just agreed to share some 1,200 base transceiver stations (BTS), 

Users urged to be careful when using Facebook ‘gender swap’
Users urged to be careful when using Facebook ‘gender swap’
SCI-TECH & ENVIRONMENTicon  22/06/2020 

FaceApp’s "gender swap" filter has generated the hashtag "#faceappchallenge" and received hundreds of thousands of shares on Facebook and Instagram, raising concerns about security and the risk of sharing this information.

Central Highlands targets 49.2 percent in forest coverage in 2030
Central Highlands targets 49.2 percent in forest coverage in 2030
SCI-TECH & ENVIRONMENTicon  22/06/2020 

The Central Highlands region aims to raise its forest coverage to 49.2 percent, and forest area to 2.72 million hectares by 2030.

Rare annular solar eclipse visible in Hanoi, Danang, Hung Yen
Rare annular solar eclipse visible in Hanoi, Danang, Hung Yen
SCI-TECH & ENVIRONMENTicon  22/06/2020 

Hanoi, the central city of Da Nang and Hung Yen city saw a rare annular solar eclipse occur on the afternoon of Jun 21, with residents in the capital being able to see the partial eclipse covering nearly 21% of the sun.

AI-based Vietnamese-language voice solutions launched
AI-based Vietnamese-language voice solutions launched
SCI-TECH & ENVIRONMENTicon  20/06/2020 

The Ministry of Information and Communications launched two Vietnamese-language speech-to-text generator VAIS and text-to-speech engine Vbee during a ceremony in Hanoi on June 19.

Dolphin stuns beachgoers at Cam Ranh Bay
Dolphin stuns beachgoers at Cam Ranh Bay
SCI-TECH & ENVIRONMENTicon  20/06/2020 

A large dolphin has paid a rare visit to the shallow waters of Cam Ranh Bay in the south central coastal province of Khanh Hoa.

Viettel among investors of new high-speed under-sea cable ADC
Viettel among investors of new high-speed under-sea cable ADC
SCI-TECH & ENVIRONMENTicon  20/06/2020 

The telecom giant Viettel on June 19 announced it is among the members of a consortium developing a high-performance under-sea cable connecting Vietnam, China, Japan, the Philippines, Singapore and Thailand.

Vietnam alliance of business for environment launched
Vietnam alliance of business for environment launched
SCI-TECH & ENVIRONMENTicon  20/06/2020 

For the first time in Vietnam, an alliance of business enterprises for environmental protection has been launched to tackle environmental issues in the country.

Facebook removes Trump ad over 'Nazi hate symbol'
Facebook removes Trump ad over 'Nazi hate symbol'
SCI-TECH & ENVIRONMENTicon  19/06/2020 

The tech giant says a campaign ad featuring a red triangle used in Nazi Germany violated its policy.

Zero-waste communities emerge in Hoi An
Zero-waste communities emerge in Hoi An
SCI-TECH & ENVIRONMENTicon  20/06/2020 

Reserving a 2,600sq.m garden in Dong Na Village in Cam Ha Commune – a farming intensive suburban area of Hoi An – local farmers and businesses have joined hands to debut the first zero-waste agriculture

‘Pay as you throw away’ could solve waste problems
‘Pay as you throw away’ could solve waste problems
SCI-TECH & ENVIRONMENTicon  19/06/2020 

It's common in Vietnam to see people throw garbage on a dumping area by the pavement, then collectors come to load the waste into garbage carts and transport to treatment areas.

Vietnamese Govt considers fee for domestic waste treatment by volume
Vietnamese Govt considers fee for domestic waste treatment by volume
SCI-TECH & ENVIRONMENTicon  23/06/2020 

If the draft law is approved, people will pay a waste collection and treatment fee based on the amount of waste they produce.

US-China row moves underwater in cable tangle
US-China row moves underwater in cable tangle
SCI-TECH & ENVIRONMENTicon  18/06/2020 

In another sign of growing tension, a high-speed internet cable looks set to be blocked by the US.

Japanese team gives up project to revive Hanoi’s polluted river
Japanese team gives up project to revive Hanoi’s polluted river
SCI-TECH & ENVIRONMENTicon  18/06/2020 

The Hanoi Department of Construction has once again requested the team to show their legal documents, but so far the company has not responded to the request.

Three Vietnamese female scientists named among Top 100 Asian researchers
Three Vietnamese female scientists named among Top 100 Asian researchers
SCI-TECH & ENVIRONMENTicon  18/06/2020 

Three Vietnamese female scientists have been named among the 100 most outstanding researchers of the year, according to Singapore’s Asian Scientist Magazine.

sPhoton Chat: useful ‘virtual assistant’ for businesses’ internal affairs
sPhoton Chat: useful ‘virtual assistant’ for businesses’ internal affairs
SCI-TECH & ENVIRONMENTicon  22/06/2020 

Most ‘virtual assistants’ in Vietnam are chatbots that sell goods or take care of customers, but ePhoton focuses on reducing time for compliance activities at enterprises.

Facebook to let users turn off political adverts
Facebook to let users turn off political adverts
SCI-TECH & ENVIRONMENTicon  17/06/2020 

Facebook boss Mark Zuckerberg says users will be able to turn off political adverts on the social network in the run-up to the 2020 US election.

 
 
 
Leave your comment on an article

OR QUICK LOGIN