Telecom monopoly at apartments to be removed

June 04, 2016 - 14:08

The Hà Nội People’s Committee recently issued a decision regulating installation and the management and usage of centralised inboxes, telecommunications cabling systems, and coverage systems in high city buildings with multiple owners.

There will be at least two telecommunications enterprises allowed to provide services for apartment buildings in Hà Nội starting on Monday, to avoid the current monopoly situation.— Photo tuoitre.vn

HÀ NỘI – There will be at least two telecommunications enterprises allowed to provide services for apartment buildings in Hà Nội starting on Monday, to avoid the current monopoly situation.

The decision takes effect on June 6.

“We just moved to the Pháp Vân – Tứ Hiệp Apartment for two months. We used Internet services of FPT before moving here, and we want to continue to use their service. But the apartment we live in now only has Viettel service. So we have to register for a new Internet provider,” an apartment owner living in the Thanh Xuân District shared with Hà Nội Mới Newspaper.

“If the decision takes effect, we will be more free to choose our providers. This will boost competitiveness in providing services among telecom enterprises,” he said. - VNS

Tags monopoly telecom provider

Việt Nam needs development of green products exported to UK

Economy

UK’s carbon tax to affect VN exports

Economy

Việt Nam expects to officially export passion fruit to the US next year

Economy

VN faced with increasing trade defence investigations on rising protectionism

Economy

Experts point out economic growth drivers, challenges for next year

Economy

Thái Nguyên supports businesses to take advantage of UKVFTA to expand exports to UK

More on this story

Economy

Time for private businesses to have “greater voices”

Now that Việt Nam emphasises the importance of the private business sector, there is a chance for small- and medium-sized enterprises, especially female entrepreneurs to have “greater voices”.

Economy

Developers decry parking space rule

Facing a severe shortage of parking space, Hà Nội recently issued a regulation that high-rise building projects and trade centres must have at least three basement floors for parking. The regulation has made property developers unhappy.

Economy

VN Index down after 5-day rally

Vietnamese shares were mixed yesterday while blue chips pulled the benchmark VN Index down after a five-day rally.

Economy

IP rights must be ensured: official

Protection of intellectual property will be an essential factor to further innovation and economic growth of the country, an official with the Ministry of Science and Technology has said.

Economy

MoF pushes banks for cash dividend

The Ministry of Finance (MoF) requested that the Bank for Investment and Development of Việt Nam (BID) and VietinBank (CTG) pay 2015 cash dividends to contribute to the State budget.

Economy

Firms urged to up use of trade remedies

After more than 10 years of enforcing trade remedies laws, the number of trade investigations that Việt Nam initiated against imported products were finally able to be counted on one hand, heard a conference yesterday.

Economy

Increasing oil prices lift markets

Vietnamese shares on both local markets extended rallies for a fifth day yesterday as increasing oil prices helped improve investor confidence in energy stocks.

Economy

E5 biofuel misses sales targets

The popularity and consumption of E5 bio-fuel remained below the government’s expectations due to inadequate support with regard to lowering its prices and ensuring supply.

Economy

Shrimp exports to S Korea to rise

Exports of Vietnamese seafood products to South Korea are expected to increase strongly this year thanks to the free trade agreement between the two countries that took effect last December, according to the Korea Fishery Trade Association.