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Text Chapter 2742 Attacking the Vietnam Communications Market

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    Vietnam is a country that modern Chinese are very familiar with.

    The reason why we are familiar with it is not only because it is adjacent to the Chinese land, but also because they are a typical example of ingratitude.

    Many Chinese people hate Vietnam very much, including young people like Xiao Qi who were born in the 1980s, because their parents are usually young people in the 1970s, and many of them have experienced it themselves or around them.

    No matter how shameless North Korea is, it can¡¯t compare to Vietnam¡¯s betrayal.

    The Chinese happen to hate betrayers the most, so after decades of reform and opening up, our relationship with Vietnam has always been very ordinary. Even starting in the 1990s, Chinese motorcycles accounted for almost more than % of the market in Vietnam.  , we never feel that there is anything to be proud of.

    Xiao Qi hates Vietnam even more, so he arranged many highly polluting parts factories, such as batteries, LCD panels, headphones, speakers, etc., to Vietnam, so that they can also experience the industrial residue problems twenty or thirty years later.  .

    But now, the Vietnamese are very happy that Xiao Qi can arrange so many parts factories in Vietnam. The employment problem directly solved for them has reached 200,000 to 300,000, and there are also some supporting suppliers, etc., which have benefited even more.  millions of people.

    Today¡¯s Vietnam is somewhat similar to China in the past. When they were taking great strides to develop their economy, their population of nearly 100 million put them under tremendous pressure, but it also gave them a lot of demographic dividends.

    Cheap industrial costs, including land, water, electricity, labor costs, etc., make many factories like to open factories in Vietnam. In recent years, Vietnam¡¯s economic growth rate has averaged more than 15%. Construction, industrial development, and mining carried out in various places  Mining, electronic manufacturing, etc. are in full swing.

    Xiao Qi¡¯s Fairy Company chose Vietnam for supporting factories, and Fairy Farm leased a large area of ??land on the border between China and Vietnam to grow food, raise poultry, etc., which is considered to be a sign of Vietnam¡¯s increasing attractiveness.  They can brag to the outside world.  Even the Fairy Company has settled in Vietnam, so what are you worried about?  Vietnam¡¯s investment environment is absolutely first-rate!

    It is precisely because Fairy Company is so famous that when these factories and farms gave some money to the local police and garrison, they were asked to do a good job in defense.  The request was immediately met. On average, police cars would pass by these places within an hour. The garrison also set up a special telephone number. If something happened, they would immediately come to the rescue Well, because there was a bonus for rescue.

    Of course.  The distance between the factory and the agricultural and livestock industry is very far. Xiao Qi does not want to grow any food with excessive heavy metals. At least in the environment of this section of Vietnam near the border with China, Xiao Qi does not allow those highly polluting factories to come over.  , not only from China, but also from foreign countries.

    ¡°What Xiao Qi is thinking about recently is not about agriculture and industry, but about the communications industry, Vietnam¡¯s communications industry.

    Many people regard Vietnam as a poor and backward place, and this is actually not wrong.

    But outside of poverty and backwardness.  Vietnam also has its own strengths, which is rapid economic development.

    As mentioned above, Vietnam now is like China in the 1980s. Everything is opening up, everything is developing, and people are very energetic. Although Vietnam also has problems of one kind or another, it all has its own achievements.  Confidence and determination to fight in the future.

    In this era of development, in this country where everything is almost started from scratch, all businesses have become easy to do.  It seems that foreigners can make money no matter what they do here. This is similar to the impression that China gave foreigners in the 1980s.

    In the past, Chinese people didn¡¯t have the opportunity, but now the opportunity has come. There are really many Chinese people who come to Vietnam to open factories and do business.

    Except for Fairy Company.  There are many factories from the mainland, Taiwan, and Hong Kong, and there are also foreign factories that have moved from China.

    Although the salary they give is not too high, it is much higher than the local salary level in Vietnam. In addition, there are many Vietnamese doing business with foreigners.  This has also led to many Vietnamese who got rich first, and their quality of life has also undergone great changes.

    For example, in terms of communications, according to a survey by a consulting company hired by Xiao Qi, the average number of registered mobile phone users in Vietnam skyrocketed every year from 2020 to 2029. Network construction is very backward, and the current Internet is not popular. At best, it is only a few  There is a network in a big city, and it is a 2G network with extremely poor signal. It is impossible to have a good experience using a smartphone.

    Survey results also show that the current Internet usage rate of 26% among Vietnamese is far lower than that of some developed countries in Asia, not even comparable to the Philippines, let alone neighboring Thailand.

    But also?Because of this, it gave Xiao Qi an opportunity to intervene in Vietnam's 3G and optical fiber communications market.

    Xiao Qi has now received almost all the wealth of Nortel Networks, including patents and talents, etc. The most important of which is of course the 3G network and optical fiber communication technology. This technology now brings Xiao Qi more than 300 million yuan in China every year.  profits, and last year¡¯s global patent fees were as high as 300 million US dollars.

    This fully proves how powerful and advanced Nortel Networks' 3G network and optical fiber communication technology are, but when used here in Vietnam, it feels like overkill.

    But if Xiao Qi goes to Vietnam with backward technology, and other communication giants, such as Ericsson, NTT, etc. also want the Vietnamese market and come up with good technology to compete, then Xiao Qi will definitely lose more than he gains.  If you don't try your best to do business, you will easily lose even if you have a great advantage.

    Therefore, from the beginning, Xiao Qi was prepared to use the 3G and optical fiber network technologies currently used in China to lay the groundwork for Vietnam's communication infrastructure, thereby firmly controlling Vietnam's smartphone and Internet markets.  In one's own hands.

    Think about it, if Xiao Qi controls Vietnam's communication infrastructure by then, then he can give the best signal to Fairy Company's smart electronic products, and he can also directly weaken the signal of his competitors. In this way, you can say that Vietnam  Which company's smart electronic products will the public choose?

    Another point is that if he controls Vietnam's 3G and optical fiber communication market, it will be equivalent to Xiao Qi controlling the public opinion of the Vietnamese. At that time, what news does Xiao Qi want them to see and what kind of search results does he want them to find?  The answer is that they have to follow the script arranged by Xiao Qi.

    Over time, I dare not say that Vietnam can become a vassal state of China again, but it is not impossible to firmly control them.

    As early as May last year, Xiao Qi sent experts from Mingxiang Holdings¡¯ North American laboratory and domestic fiber optic technology experts to Vietnam to negotiate several times with Vietnam¡¯s communications department.

    Vietnam's infrastructure construction has basically only started in the past few years, including water, electricity, gas, roads, etc., and it has been vigorously developed. These have cost a lot of money, and are still intermittent, relying on selling  Various rights and interests can allow foreign investors to invest more in infrastructure.

    It should be said that they are generally eager for foreigners to invest in infrastructure.

    But this communication field is very critical for every government, especially when it comes to various conveniences, monitoring, etc. in the communication field in the future. This requires caution.

    Fortunately, Vietnam is too poor, and their officials are not incorruptible. With the Fairy Company's strong appeal, influence in Vietnam, and money to clear the way, after talking for more than half a year, the country finally finally  They relaxed their tone and prepared to authorize Fairy Company to lay 3G and optical fiber networks in Vietnam, and then set up a joint venture with Fairy Company to hand over the 3G network and Internet access business to the joint venture company for a period of about three years.

    The government holds 3% of the shares in the joint venture, and Fairy Company holds 3%. After the network is laid, a budget of at least 200-300 million yuan must be prepared. This must also be based on the fact that the technology is its own and the artificial materials are very cheap.

    However, considering that Vietnam has a population of 100 million and a strong demand for mobile Internet access and computer Internet access, and that Fairy Company is an exclusive operation, the profits here are indeed very high, and it is expected to be able to recover the capital in 15 years at most.  Then you can get at least 3% income in the next 15 years.

    ??????????????????????? In the later period, it¡¯s not bad to just operate it as a normal business. Anyway, those in the communications industry have always had high profit margins.

    With such considerations in mind, after the Spring Festival, Fairy Company will officially start the laying of 3G and optical fiber networks, taking a firm first step to win the Vietnamese market!  (To be continued.)
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