Myanmar Payment Union to Upgrade ATM Card System

RANGOON — The Myanmar Payment Union (MPU) signed with Vietnamese telecom multinational FPT and the National Payment Corporation of Vietnam (NAPAS) on Sunday to initiate a financial switching system, Zaw Lin Htut, chief executive officer of the MPU, told The Irrawaddy. As MPU’s partners, FPT and NAPAS will—starting this year—help facilitate a system upgrade for ATM […]

Vietnam’s FPT Wins Telecoms Services Licence in Myanmar

FPT, Vietnam’s leading technology company, said it has secured a licence to provide fixed telecoms and internet services in Myanmar, becoming the first 100-percent foreign-owned firm to operate in the field there. Myanmar’s communications and technology ministry granted FPT the 15-year licence, which will also allow the Hanoi-based firm to provide telecom services on NFS […]

Vietnam’s FPT enters Myanmar’s telecommunication market

FPT, Vietnam-based information and communications Technology Company, recently signed a joint venture deal with Irrawaddy Towers Asset Holding to set up cellular towers in Myanmar. “The FPT has rich experience in telecommunications industry in Vietnam and other Asian countries. We would like to help Myanmar to develop its telecommunications sector,” said Duong Dung Trieu, FPT’s […]