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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?

To: sandstuff who wrote (5190)	5/12/1998 12:59:00 AM
From: Lazarus Long	Respond to of 50264

More on Vietnam.... Thanks sandstuff for that info. Found another (older) link that provides some VERY interesting information... nb-pacifica.com Some pertinent paragraphs from this article include: WASHINGTON, DC, U.S.A., 1996 OCT 29 (NB) -- By Bill Pietrucha. Investing in Vietnam ten years ago, was mostly unthinkable, especially in something like telecommunications. But with an initial $1 million investment, Telstra, Australia's largest telecommunications and information services company, cautiously entered the Vietnamese telecommunications market. . . Ten years later, that investment has grown to $197 million under the current Business Cooperation Contract (BCC) between Telstra and the state-run Vietnam Posts and Telecommunications (VNPT). . . "The close cooperation between Telstra and VNPT shows how strongly the partnership has developed," Moustafine told Newsbytes. "It provides a good opportunity for foreign and domestic corporations to find out how much more effectively they can do business in Vietnam due to the advances made in communications services." . . 3,367 kilometer (2,020 mile) T-V-H submarine optical fiber cable system linking Thailand, Vietnam, and Hong Kong. The T-V-H cable system has meant that, for the first time, Vietnam does not have to rely just on satellite transmission for its international links, Moustafine said. The country's 2.5 gigabits-per-second (Gbps) Synchronous Digital Hierarchy (SDH) optical fiber backbone trunk also was completed earlier this year, using the most modern optical amplification technology in the world, she said. "This has given Vietnam, for the first time, secure, high capacity communications trunks from north to south," she said. In July, the Da Nang international gateway exchange was inaugurated, which provides the type of advanced facilities required for Central Vietnam's growing and increasingly sophisticated telecommunications needs. VNPT and Telstra also worked together to re-establish direct telecommunications links with neighboring Cambodia, Moustafine said. And in August, VNPT connected its one millionth telephone customer. Vietnam's international traffic has grown from 800,000 minutes per year to more than 200 million outgoing and incoming minutes in 1995, the latest figures available, Mustafine told Newsbytes. Well, that ended up being most of the article. I'll let the more experienced folks draw the conclusions for us. Enjoy... Lazarus