Vietnam Technology News

Vietnam Technology News: Latest in Technology

Trade LTCUSD, Bitcoin and Cryptocurrencies

BUY & SELL LTCUSD | View LTCUSD News & Updates

Buy Sell LTCUSD, Bitcoin and Cryptocurrencies

Latest Technology News from Vietnam and the World
Get the latest tech news and business reports on information technology, computers, networking, hardware, software, and Internet media.

Look up! The Orionid meteor shower peaks this weekend Fri, 19 Oct 2018 08:31:06 -0400


Apple's cheaper iPhone XR is now available for pre-order Fri, 19 Oct 2018 14:48:52 -0400


Tesla CEO Elon Musk touts new Model 3, but it's a bit pricier than the one many expected Fri, 19 Oct 2018 15:06:17 -0400


New research indicates the oldest fossils ever found on Earth might just be rocks Thu, 18 Oct 2018 05:54:55 -0400


Google Maps for iOS will now allow you to share real-time updates with friends Fri, 19 Oct 2018 11:14:50 -0400


Apple makes it easier to download your personal data Thu, 18 Oct 2018 20:03:38 -0400


Tech, social media companies encourage voter turnout as November approaches Sat, 20 Oct 2018 02:00:03 -0400


Apple to host special event in Brooklyn Oct 30. Are new Macs, iPads or AirPods on the way? Thu, 18 Oct 2018 12:33:06 -0400


Death of black man in police custody hits home at Facebook and in Silicon Valley Wed, 17 Oct 2018 19:22:54 -0400


First look: RED Hydrogen One hopes holographic screen can lure people from Apple, Samsung Wed, 17 Oct 2018 11:46:26 -0400


Listen to the Talking Tech podcast Fri, 19 Oct 2018 17:04:04 -0400


Facebook does, indeed, want to track your calls on device Wed, 17 Oct 2018 17:43:11 -0400


Vietnam’s first satellite ready to brave challenges   2008-01-31 - Tuoi Tre

Two months prior to launching VINASAT-1 satellite, operators say they are prepared to wait as long as 12 years before the endeavor registers profit.

Two months prior to launching VINASAT-1 satellite, operators say they are prepared to wait as long as 12 years before the endeavor registers profit.

In the first year after its launch, only a small portion of total satellite capacity will be in demand, said Vice President Lam Quoc Cuong of the satellite’s business operator, Vietnam Postsand Telecommunications Group’s (VNPT) International Telecommunications Company.

Cuong estimates that about 90 percent of total satellite capacity might be leased and put into use four years post-launch.

Twelve years from now, the satellite project might see profit.

Critics say, considering the satellite will operate for only 15 years, three years of profit would not be enough to cover costs.

But Cuong disagrees.

“What we can calculate is purely monetary profit,” he said.

“This is our first satellite though, and there is another type of profit that can’t be calculated.”

The satellite, Cuong emphasized, would be as much an assertion of national power - serving political, security, and defense purposes - as a technological advance to improve the country’s telecommunications infrastructure.

Manufactured by US aerospace company Lockheed Martin, the 2.7 ton satellite carries 20 C- and Ku-band transponders for radio, television, and telephone transmission services covering Vietnam, Laos, Cambodia, Thailand, part of Myanmar, Japan, eastern China, Korea, India, and Australia.

Set to be launched into orbit by the French rocket Ariane 5 from a launching station in French Guyana, the structure cost a total investment of VND3 trillion (US$188 million).

A small number of local and international businesses have shown interest in renting the satellite’s services, Cuong said.

In response to the general concern that service prices would be set high to offset expensive production costs, Cuong says this would not happen.

He stresses that prices would be competitive, but high enough to cover costs and ensure profit in the last three years of the project.

For instance, Ku frequency services, which cover smaller areas and have high demand, will be charged higher prices.

“Taken as a whole, our price policy is flexible, depending on different types of services and customers,” Cuong said.

Deputy Minister of Information and Telecommunications Tran Duc Lai also confirmed that project stakeholders are willing to risk losses to give customers the most viable prices.

Lai suggests that monetary loss is one of many challenges awaiting the nation’s first satellite under-taking which its operators are ready to face.

“Other countries have also encountered great difficulties when they launched their first satellites,” he said.

Other Business News

Mobile phone market gets new player   2008-01-31

FPT Telecom joins int’l undersea cable system project   2008-01-31

Viettel offers free internet access   2008-01-19

Vietnamese man wins businessman award   2008-01-05

SSI licenses software from Microsoft's Viet Nam agent   0000-00-00