Management of VNPT, MobiFone to be transferred to CMSC

29 Oct 2018

Two state-owned telecoms companies – Vietnam Posts and Telecommunications Group (VNPT) and MobiFone Telecommunications Corporation – have completed the documentation required for the transfer of their management to the Committee for the Management of State Capital (CMSC). Viet Nam News reports that the Ministry of Information and Communication (MIC) currently manages the two firms, but by the end of this year the role will be transferred to the recently-created CMSC, in a move aimed at improving the operators’ efficiency and competitiveness and creating new development plans for the businesses.

Vietnam, MobiFone Telecommunications Corporation, VNPT-Vinaphone