abstract:Vinaphone is a Vietnamese major mobile network operator headquartered in Hanoi, Vietnam. Founded on June 26, 1996, as a GSM launcher, Vinaphone is the second network (after MobiFone) and currently the second largest provider in Vietnam.
Other worthy prospects on the road to privatization: Vietcombank, which Ryder calls "far and away the best-managed-and-operated state-owned bank, " and Mobifone and Vinaphone, mobile carriers that are just beginning to penetrate the market (only 23% of Vietnam's citizens have a cell phone).