31 Aug 2012 Intellasia Finance Vietnam - Hong Kong Business ...

BUSINESS
Vietnam finance & business 31 August 2012
Number of internet
subscribers remains
stagnant in 4 months
FPT adjusts business
plans for this year
Sony introduces a series of products, including a 3D TV with full HD version, its latest
laptop, the Ultrabook - T Series, and an Xperia smartphone, as well as a Handycam,
Walkman, PlayStation and opera-quality home audio equipment.
Taiwan Excellence showcases 18 brands in several product categories, with reasonable
prices and good quality.
Canon offers its latest cameras, including a Power Shot S-series, the new IXUS and other
professional cameras and printers.
HP brings laptops, an all-in-one desktop computer named HP Workstation Z1 and
multi-purpose printers.
Microsoft focuses more on hardware products, including a mouse with Blue Track
technology and optical light sensor.
The VCW 2012 this year focuses on youth, who account for the majority of trend-followers
and technology users.
It is expected to maintain its position as the best IT exhibition in Vietnam, bringing
modern technology to the consumer and serving as a bridge between producers and
end-users.
http://vietnamnews.vnagency.com.vn/Economy/229543/downturn-shrinks-ictevent.html
31/AUG/2012 INTELLASIA | VNECONOMY
The number of internet subscribers across Vietnam in August, 2012 was estimated at
4.4 million, up 15.6 percent year-on-year, according to General Statistical Office
(GSO)'s report.
GSO estimated that the monthly internet subscriber number was only 4.4 million from
April till August, 2012, which means that the number of internet subscribers has not
grown.
The number of new mobile subscribers in 8 months was estimated to reach over 7.6
million, up 13.6 percent year-on-year including 15,700 of fixed telephone subscribers,
equal to 39 percent and 7.6 million of mobile phone subscribers, up 14 percent.
In addition, the number of mobile subscribers by the end of August 2012 was about
135.8 million, up 5.2 percent year-on-year; including 15.1 million of fixed telephone
ones, down 2.6 percent and 120.7 million of mobile ones, up 6.2 percent.
GSO also estimated that total post and telecommunications revenue in 8 months
reached 105 trillion dong, up 6.8 percent compared with the same period in 2011.
31/AUG/2012 INTELLASIA | DAU TU CHUNG KHOAN
Board of directors of Financing and Promoting Technology Corporation (FPT) has decided
to adjust 2012's business plans to match the real market conditions.
Accordingly, adjusted revenue is estimated to reach 26.072 trillion dong, up 0.4 percent
year-on-year (31.3 trillion dong of the initial revenue plan) and adjusted pre tax
profit is expected to be 2.547 trillion dong, up 1.8 percent compared with 2011's plan
(3 trillion dong of initial pre tax profit). Its adjusted earning per share (EPS) is estimated
at 6,170 dong.
FPT shared that technology information and telecommunications fields have been in a
difficult situation due to huge investment demand. Many enterprises in these fields
have been in difficult times and posted bad business results.
Intellasia 31 August 2012 46 / 46
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