On May 17, 2022, in San Francisco, USA, the Prime Minister of Vietnam Pham Minh Chinh witnessed Vietnam Posts and Telecommunications Group (VNPT) and Cisco signing a Memorandum of Understanding (MoU). The MoU outlined the cooperation in designing and bringing to market a flexible and appropriate digital transformation solution to meet the digital transformation needs of all businesses.
VNPT’s expertise and in-depth understanding of the local market, coupled with Cisco’s global leadership in optical, networking, and 5G technologies will help the two sides deploy next-generation networking applications for many different market segments, which clearly identify a strategic vision for market development and the selection of appropriate technology and connectivity solutions to fulfill the set vision in each period.
To build and provide digital infrastructure in Vietnam, the two sides will jointly design and implement the optimization of VNPT’s backbone core infrastructure towards virtualization and build flexible, secure, and advanced connectivity infrastructure packages for organizations by applying advanced technologies such as SDN, SD WAN. Besides, VNPT and Cisco will also cooperate in researching and developing 5G core network to manage and deploy high-speed, low-latency, and secure 5G applications, delivering next-generation connectivity solutions to Vietnamese enterprises and helping them to achieve the goal of digital transformation.
Through this cooperation, VNPT will be able to fully exploit its existing network capacity, improve the capabilities of it’s transmission networks and mobile networks to be ready to provide digital solutions for businesses in addition to providing high-speed connection services that are different in technology, superior in quality and meet the needs of customers and the market.
“More than ever before, people, businesses, governments, and communities have come to rely on the power of connections to keep the world running. The Internet has gone from being a must-have to a critical economic driver. As we look to the future, connectivity will play an even more critical role in every aspect of our lives. We will combine the best capabilities of the two sides to provide a next-generation network infrastructure that are based on software-controlled optical network technology, thereby ensuring the flexibility of services and providing high-quality digital services to small, medium and big businesses in the 5G era.”, said Sanjay Kaul, President Asia Pacific and Japan, Service Provider Business, Cisco Systems.
Meanwhile, Mr. Huynh Quang Liem, VNPT Group’s President, said, in the context that Vietnam is implementing the goal of building a digital economy, the need for digital transformation of businesses becomes more urgent than ever. Today’s cooperation between VNPT and Cisco creates another opportunity for VNPT to further improve its ability to provide next-generation technology applications and digital solutions in Vietnam, especially for businesses. “We believe that the MoU signed today will not only help the cooperation between VNPT and Cisco reach a higher level but also create a premise for us to continue joining hands with the Government of Vietnam in accelerating digital transformation,” affirmed Mr. Huynh Quang Liem.
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About VNPT
As a leading provider of telecommunications services and digital solutions in Vietnam, VNPT Group is headquartered in Hanoi with nearly 40,000 employees. VNPT’s core business lines and sectors include fixed and mobile telecommunications, broadband Internet access, satellite communication services, and digital services and solutions for governments, businesses, and citizens. It is also a manufacturer of telecommunications and IT equipment.
With the strategy of becoming a digital technology group, in recent years, VNPT has been pioneering and leading the national digital transformation. VNPT is investing heavily in infrastructure, technology and is an important provider of digital platforms and solutions to the Vietnamese Government. VNPT Group is also a digital service provider with a key position in the country with many groups of products and services, serving the development orientation of the digital economy and digital society in Vietnam.
“We are delighted to have the opportunity to partner with the government and contribute to the long-term growth of the country.”
About Cisco
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