[Vnbiz] Yankee Group Predicts Vietnam's Data Networking Revenue to Exceed $740 Million by 2010

[Tai Phan]

Yankee Group Predicts Vietnam's Data Networking Revenue to Exceed $740
Million by 2010 Wednesday April 9 10:30 PM  Yankee Group today announced
that Vietnam is the next China in terms of emerging hot economies.
Currently, Vietnam is fueling Asia-Pacific data connectivity demand, with a
CAGR of 39.5% between 2007 and 2012. As total corporate data revenue rises
in Vietnam, there is tremendous growth potential for the country's data
networking market.

According to the recently published Yankee Group Report, Vietnam's Telecom
Business is on the Fast Track, Vietnam's data networking market was nascent
in 2007 with revenue less than $150 million. Today, there are several
development imperatives that are keeping Vietnam's data networking business
thriving. The five core developmental drivers include:

-- Vietnam's WTO accession is sparking pro-growth measures.

-- Bandwidth enhancement is well under way.

-- Vietnam is investing in next-generation technology for growth and
transformation.

-- Vietnam is leveraging the strength of telecom provider ACASIA to define
new business goals.

-- Foreign operators are taking a stand in Vietnam's telecommunications
industry.

"Vietnam is a newcomer to the global connectivity revolution as
communications and services continue to improve," said Agatha Poon, Yankee
Group senior analyst in Enterprise Research group. "Vietnam is expected to
fare better than other ASEAN countries in data revenue because of the
government's determined commitment to drive innovation and competition in
the country."

Vietnam's telecommunications players must continue to ascertain the
government's involvement specific to the post-WTO accession to stay
competitive in the marketplace. Until Vietnam conforms to the WTO mandates,
foreign investors must play an active role in working with the regulatory
body to define the ownership arrangement.

This report studies the telecommunications growth opportunity in Vietnam, a
new emerging market in the global economy. It investigates the foundation of
Vietnam's data connectivity growth and provides recommendations for carriers
and enterprises seeking to tap into this new market.

NOTE TO EDITORS

-- Agatha Poon, Yankee Group senior analyst, 617-598-7297,
apoon at yankeegroup.com

-- Christina Oh, Yankee Group public relations manager, 617-598-7238,
coh at yankeegroup.com

YANKEE GROUP (www.yankeegroup.com)

The people of Yankee Group are the global connectivity experts(TM)--the
leading source of insight and counsel for builders, operators and users of
connectivity solutions. For nearly 40 years, Yankee Group has conducted
primary research that charts the pace of technology change and its effect on
networks, consumers and enterprises. Headquartered in Boston, Yankee Group
has a global presence including operations in North America, Europe, the
Middle East, Africa, Latin America and Asia-Pacific.

Contact:

Yankee Group
Agatha Poon, 617-598-7297
senior analystapoon at yankeegroup.com
or
Christina Oh, 617-598-7238
public relations managercoh at yankeegroup.com
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