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 […]

Foreign investment in Myanmar surges, office rents sizzle

Myanmar has approved more foreign direct investment in the past five months than all of last year, but companies setting up operations in the hot frontier market face a growing problem: Southeast Asia’s highest office rental rates. Myanmar has approved FDI projects worth more than $1.8 billion from the start of the fiscal year on […]