Vodafone opens office in Vietnam http://news.xinhuanet.com/english/2007-06/08/content_6217173.htm
www.chinaview.cn 2007-06-08
BEIJING, June 8 (Xinhuanet) -- Seeking an early toehold, British mobile phone company Vodafone Group PLC has opened a representative office in Hanoi and will seek investment opportunities in Vietnam, state-run Vietnam Economic Times reported.
Warren Finegold, chief executive for global business development, said Vietnam's mobile market has high growth potential, according to the report.
Vodafone, the world's largest mobile phone operator by revenue, is expected to invest in local companies that have leading positions in Vietnam, Finegold said in the report.
"We want to study Vietnam's privatization program, which will sell shares in state-owned mobile operators," he said in the report.
Vietnam has 33 telephones per 100 people, and two-thirds of the phones are mobile.
(Agencies)
Editor: Gareth Dodd
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