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IT & Telecom

Vietnam to Pass New Telecom Law

Aug. 26 - The government will soon pass the country’s first telecom law that will allow telecom operators to buy or re-sell licenses to other companies.

According to the current draft of the telecommunications law, each license purchase must be approved by the Ministry of Information and Communications (MIC) to ensure competition among operators and allow foreign investors to easily enter the market.

The license buyer must take all rights and duties of the seller. “Current regulations ban telecom license purchasing, while almost nations in the world allow this to happen”, said an MIC source.




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