According to the Memorandum of Understanding recently signed, VNPT and KDDI will study cooperation in the field of telecommunications business and related fields to build cooperative relationships, deploy digital service ecosystems in Vietnam, integrate with traditional telecommunications services to bring new products and services to the market and improve customer experience in the Vietnamese market.
Within the framework of this strategic cooperation, VNPT and KDDI aim to jointly deploy new digital experiences for VNPT customers with the advantages of fast speed, convenience, high transparency and outstanding personalization - setting a new user experience standard for the Vietnamese market.
The signing of this Memorandum of Understanding also marks an important milestone in the cooperation between VNPT and KDDI, affirming the close relationship between the two leading telecommunications enterprises in Vietnam and Japan.
Background
- With a population of over 100 million, Vietnam is witnessing an explosion in Internet and mobile phone penetration. The government has set a target of the digital economy contributing 30% of GDP by 2030 and is promoting the application of online services, including public administrative services. At the same time, lifestyles and consumer behavior in Vietnam are increasingly diverse, creating a wide range of digital service needs. To maintain a competitive advantage, network operators in Vietnam are seeking and applying flexible business models to provide products and services personalized to the needs of each user.
- VNPT is one of the leading telecommunications companies in Vietnam, with a workforce of more than 34,000 employees and a network infrastructure covering the entire country - covering 99% of the population. VNPT currently has more than 30 million mobile subscribers, nearly 10 million broadband subscribers, more than 6 million MyTV digital television service subscribers, owns a diverse digital service ecosystem serving customers from the government, businesses to individual customers and is striving to become the number one provider of digital products and services in the market. In the context of fierce competition in the market in Vietnam, VNPT is constantly striving to bring new and increasingly outstanding experiences to customers.
- KDDI is the second largest telecommunications service provider in Japan, providing a variety of services to individual customers through the brands “au”, “UQ mobile” and “povo”, as well as to business customers through the brand “KDDI BUSINESS”. In May 2022, KDDI announced “KDDI Vision 2030”: “Building a society where everyone can realize their dreams by enhancing social connectivity.” Under this strategic vision, KDDI is implementing its Mid-Term Management Strategy (FY2022–2025), with the “Satellite Growth Strategy” as its guiding principle. Focusing on 5G connectivity, data, and artificial intelligence, KDDI will drive growth by providing value-added services in the fields of digital transformation, finance, energy, and lifestyle transformation (LX), which includes five future growth areas: Smart Transportation, Sports /Entertainment, Web3/Metaverse, Healthcare, and Space. With “sustainable management” as its core, KDDI aims to achieve sustainable growth for society and enhance corporate value with its partners by leveraging the “Satellite Growth Strategy.” Satellites” and strengthen the governance platform.
- Faced with rapid market changes, VNPT and KDDI will cooperate with the goal of exploiting the power of digital platforms to bring highly personalized digital service experiences to each customer.
Key areas of cooperation
VNPT wishes to promote business expansion in Vietnam by leveraging its strong market position and cooperation with KDDI. With the expertise and operational capabilities accumulated from the implementation of digital services in Japan, KDDI will cooperate with VNPT in its expansion strategy, through sharing strategic orientation and technical support. (Reference information) About VNPT Company Name: Vietnam Posts and Telecommunications GroupMain business areas: Telecommunications and Information TechnologyYear of establishment: April 1995Headquarters: 57 Huynh Thuc Khang, Lang Ward, Hanoi, VietnamGeneral Director: Mr. Huynh Quang Liem
About KDDI Company Name: KDDI CORPORATIONMain business: Telecommunications businessYear of establishment: June, 1984Headquarters: THE LINKPILLAR 1 NORTH, 2-21-1 Takanawa, Minato-ku, Tokyo, JapanBusiness registration address: 2-3-2, Nishishinjuku, Shinjuku-ku, Tokyo 163-8003, JapanPresident and CEO: Hiromichi Matsuda.
Source: https://vnpt.com.vn/gioi-thieu/tin-tuc/vnpt-va-kddi-ky-bien-ban-ghi-nho-danh-dau-hop-tac-chien-luoc-cung-cap-dich-vu-so-tai-viet-nam.html
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