BUSINESS – First Vietnamese firm to break into Burma’s telecoms sector

Vietnamese technology company FPT has become the first 100 percent foreign-owned firm to operate in Burma, announcing on Wednesday that it had been granted a 15-year licence for telecoms and internet services. The Hanoi-based company is now allowed to provide online games, e-news, websites and e-commerce services, according to the company statement. Burma’s cellphone usage has soared since the opening up of its telecoms sector two years ago.