The Vietnamese military-run telecom group, Viettel, is poised to expand to the Argentine broadband telecommunications market.

Viettel Deputy General Director Nguyen Manh Hung revealed this at his meeting with Argentine Secretary of Communications, Carlos Lisandro Salas, in Buenos Aires on May 12.

Hung highlighted the business strategies that have made Viettel Vietnam’s largest telecom enterprise and successful in certain foreign markets.

Secretary Salas briefly introduced the Argentine telecommunication and internet market, saying that Argentina was willing to welcome a new partner.

In March, Viettel was granted a licence to do business in Peru and the Viettel delegation will continue to study other markets in Latin America.

Rubber exports hit nearly US$2.3 billion

(VOV) - Rubber exports hit a record high of nearly US$2.3 billion in revenues, according to the Vietnam Rubber Association.

On average, each tonne of rubber earns US$3,053, up 94.7 percent in value and 82 percent in price.

Rubber has surpassed coffee to rank second only to rice in export value and is also one of the top ten Vietnamese export products.

By 2010, Vietnam had 740,000 hectares of rubber plantation with an average annual growth of 7.7 percent.

(Source: Vietnamnet)