Ericsson Vietnam ’s Deputy General Director, Denis Brunetti, has recognised the country as a potential market, citing an increasing influx of foreign investors in the industry as evidence, in an interview with Vietnam News Agency.

He also unveiled long term investments in Vietnam with commitments to supply green technology for the domestic telecommunications industry to ensure sustainable growth and harmonise industrial expansion with the best interests of the society and the environment.

He said the vision for rural and remote areas by the Vietnamese Government and domestic suppliers of information technology and communications is the foundation for his company to establish the move to green technology.

Brunetti described a target of 100,000 additional subscribers of 3G a week set by Vinaphone, the national telecom leader, as a “good decision”. He added that he makes this evaluation based on his long-time experiences with Ericsson which garners 49 percent of the global 3G market and 16 years of experience with domestic telecom suppliers.

The country representative of ZTE, one of the five leading global equipment suppliers, Mao Cheng Yu, shared the view, saying “ Vietnam is leading the world in telecom growth and is a market of great potential”.

He emphasised that the Government’s fresh approval for launching 3G services was made at the right point when both suppliers and consumers are ready to take advantage of the services and has opened up major opportunities for foreign telecom businesses, including ZTE.

Also, ZTE has not missed the chance to become one of the top three 3G suppliers to Vinaphone and the military-run business Viettel, the two leading companies supplying the service in Vietnam .

Orange France Telecom Vietnam has also emphasised on its long-term investment in the Southeast Asian country with its director’s ambitious commitments.

“One of our top targets is to become a strategic partner of a telecom supplier in Vietnam ”, country director Jacques Fulcrant said.

Statistics released by the Vietnam Post and Telecommunications Group (VNPT) showed that Vietnam has emerged as the fastest-growing IT market in the world.

As of late October, the country has over 99 million mobile telephone subscribers, some 6.7 million internet subscribers and almost 22 million internet users, representing nearly 24.5 percent of the national population.

These achievements have been recognised by the International Telecommunications Union in its annual report-2008./.