Tag: Vietnam

The long-awaited split of the post and telecommunication services will be carried out in 61 provinces and cities nationwide on Aug. 15, according to the Postal Information Centre.
This is the first step in preparation for the establishment of the post corporation and the telecommunications corporation, and the forming of a State conglomerate of post companies and telecommunications companies.
The postal sector, with a staff accounting for 49 per cent of the country’s post and telecommunications service, has revenues representing only 5-7 per cent of the service’s turnover. Consequently, the telecommunications sector has to compensate for the losses in the postal sector, and the international services follow suit for the domestic services. In this situation, both the postal and the telecommunications sectors cannot expand and improve their services.
Since October 2001, the Vietnam Post and Telecommunication Corporation has split, on an experimental basis, the postal services from the telecommunication services in 10 provinces. The test showed that the postal sector operated more effectively with revenues representing 18-30 per cent of the total group’s turnover.
This separation of the post and telecommunications services enjoys the State’s financial support in the form of preferential tax rates as well as investment in a number of services for social welfare.

The government has renewed a list of businesses that are not allowed to go on strike.
Under the new list, employees working for electricity production, supply and transmission companies under the Vietnam Electricity Corporation (EVN), postal and telecommunication businesses under the Vietnam Post and Telecommunication Corporation (VNPT), passenger and cargo transportation businesses under the Vietnam Railway Union are not entitled to go on strike.
The list also includes businesses under the State Bank of Vietnam (SBV), municipal and provincial public transport and utility businesses, maritime transportation and freight warranty businesses under the Vietnam Maritime Transport Department and the Vietnam National Shipping Lines (VINALINES), air transportation and aviation warranty businesses under the Vietnam Civil Aviation Administration.