Mr. Vu Hoang Lien
CEO, Vietnam Post & Telecommunications, Vietnam Data Communications Company, Vietnam

Mr. Vu Hoang Lien is the CEO of Vietnam Data Communications Company, a Vietnam Post & Telecommunications company. Vu Hoang Lien’s areas of specialization include telecom management, business management, project and program management, development, financing and human resources management.
Vietnam Post and Telecommunications at a glance
Established since 1989, directly under the Vietnam Posts and Telecommunications, Vietnam Data Communication Company is leading the Internet and IT market of Vietnam. The commitment of VDC to the customers is “reliable partners in the IT century”.

Summary of the interview:
From the very beginning of the interview when we asked him the reason why he attended “Doing Business with Vietnam” Forum, Mr. Lien said that he, on behalf of VDC, was here to learn and to find more information about foreign partners. On the issue of globalization, which brings not only opportunities, but also challenges, Vietnamese companies, especially ones operating in IT field, have to prepare well because according to him, challenge seems to be much more than opportunity. Mr. Lien is very confident about the future of VDC, which is demonstrated by Vietnam’s plan to delve into the US market. He affirmed this approach is not to compete directly with companies, which have already been operating there, but to find uncovered shares in this potential market. According to him, the first choice to go global in the following years is through the United States, and then Hong Kong and Singapore, respectively.

On the question of the VDC’s plans in the next 5 years, Mr. Vu Hoang Lien said that his company would focus on developing internet broadband and online services. In addition, he committed to bring internet to more rural areas in Vietnam.

Students’ view of the interview:
At first, his greeting and smile made us know that it would be an interesting interview. We found that he was not only modest, but also an ambitious CEO. He stressed the importance of taking other economies as lessons by repeating the phrase “learn from foreign partners” many times during the interview. He really surprised us when he said that the US market is the target of VDC in the next few years. Finally, we were so excited when he said he believed that we, Vietnamese students, will become the bright entrepreneurs of Vietnam in the future.

Quotations:
“Our goal is not just to get profits like other companies, but to have a sustainable development.”
“VDC’s vision is to transform Vietnam into the ICT hub of ASEAN by bringing the country into the broadband age to increase global competitiveness, open new avenues of learning, equal access to opportunities, and to fundamentally transform lives and businesses.”

(From the left) Le Gia Phong, Mr. Vu Hoang Lien, Ha Quynh Nga, Vu Dieu Huong

Written by
Le Gia Phong, Ha Quynh Nga, Vu Dieu Huong