VNPT signs important cooperation agreements with European partners

Within the framework of the Prime Minister’s working visit to Europe from October 14 – 18, when attending the business forums between Vietnam – Austria and Vietnam – Belgium, the Vietnam Posts and Telecommunications Group (VNPT) signed many important collaboration agreements with its Belgian and Austrian partners.

General Director of VNPT Pham Duc Long and Mr. Harald Preiss, Sales Director of Nokia regarding mobile network in European region, signed the collaboration agreements in the witness of Prime Minister Nguyen Xuan Phuc

General Director of VNPT Pham Duc Long and Mr. Harald Preiss, Sales Director of Nokia regarding mobile network in European region, signed the collaboration agreements in the witness of Prime Minister Nguyen Xuan Phuc

Accordingly, in the Republic of Austria, VNPT signed an agreement with Rosendahl Nextrom GmbH Company for assembly line and technology transfer regarding glass fiber for optical information. The latter one will then install the highly synchronous and state-of-the-art assembly line in VNPT’s glass fiber factory so that it can manufacture global standard materials for domestic and international markets to use for optical information. The factory is supposed to become leading one in both the country and the whole region when applying the new technology.

In the Kingdom of Belgium, VNPT and Nokia co-signed two cooperation agreements regarding the development of telecommunications technology as well as new generation information technology.

As to the first one, both sides will open a research laboratory for technologies, applications, and solutions for the 5G mobile network and Internet of Things (IoT).

As regards the second, the two partners will work together to modernize the VNPT network in accordance with 5G and Cloud technologies. In addition, both companies will closely collaborate to exchange latest research results on new 5G technologies or products. This project is scheduled to be launched in three years worth around $15 million.

Earlier, in February 2017, VNPT officially began the construction of the first-in-Vietnam glass fiber factory for optical information, covering an area of more than 5,000 sq meters and a total investment amount of VND287 billion (approx. $12.291 million), it is expected to have a gross output of 3.2 million km fiber per year, meeting popular international standards. This helps VNPT to completely control the core material source in its optical cable production, rather than depending on imports from other countries.

By TRAN BINH – Translated by Yen Nhi

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