Mon Jun 08, 2009 09:47 Login Login name Password Forgot password? Register myQuamnet > Quam Tools News > General News > Article Change font size: stock code Symbol Lookup warrant code Advanced Search CPCNet Hong Kong Partners with VDC to Extend Network Coverage to Vietnam 03 Jun 2009 PR Newswire Asia HONG KONG, June 3 /PRNewswire-Asia/ -- CPCNet Hong Kong Limited, a renowned communications and security solution partner in the Asia Pacific region and a wholly owned subsidiary of CITIC 1616 Holdings Limited (stock code: 1883), today announces its partnership with Vietnam Datacommunication Company (VDC) to establish a Virtual Private Network (VPN) in Vietnam, with the first POP ready for operations in Ho Chi Minh city this July. Market Upda HK HSI CN 05 Jun 18,680 HSCEI HSCCI Main News Headlines Market Snapshot General News Market Alert HKEx News Futures and Commodities IPOs Columnists US Stock News Quam TV Vietnam Datacommunication Company (VDC), a member of the Vietnam Post and Telecommunications Group (VNPT), is one of the leading telecommunication service providers in Vietnam. This collaboration further extends CPCNet's network reach to Vietnam and provide CPCNet's customers with MPLS services covering the whole Vietnam via VDC's well-established domestic network, and on the other hand enables VDC's customers to reap the benefits of leading edge IP-VPN services backed by CPCNet's extensive knowledge of the Greater China market and fully meshed MPLS network. According to the Foreign Investment Agency under the Ministry of Planning and Investment (MPI), Vietnam has attracted over US$64 billion worth of foreign direct investment in 2008, up 199.9% against the same period last year. Investors from 50 countries and territories have invested in Vietnam, such as Malaysia, Taiwan, Japan and Korea. "This partnership fulfills our mission to be a preferred partner by multinational corporations (MNCs) and certainly helps extend our reach to a new group of quality customers in the region. Vietnam has been experiencing rapid economic growth and through extending our reach to this significant emerging market, CPCNet and VDC can join hands to provide a seamless MPLS VPN network and deliver converged IP services to enterprises with end-toend Quality of Service (QoS) across Vietnam and the Greater China." said Joel Ma, Executive Vice President of CPCNet. As a leading data communication services company, VDC will be able to better address the needs of their corporate customers from this cooperation, by leveraging CPCNet's well established Asia-wide infrastructure and its global access via strategic partners. Mr Hoang Minh Cuong ,Deputy Director of VDC said, "CPCNet is widely recognized as a strong player in Greater China and Asia. Its strategic position is beneficial to us as we see an increasing demand of our customers who are looking for strong connectivity to Greater China. Through this partnership, our customers can now expect the same high-quality performance and service throughout a reliable network which have an extensive coverage across Greater China to Asia Pacific." About Vietnam Datacommunication Company Vietnam Datacommunication Company (VDC), a member of the Vietnam Post and Telecommunications Group (VNPT), was established in 1989. At present, VDC/VNPT has 65% of ADSL service market shares, under the brand name of MegaVNN, and nearly 80% of data market share. Since the date of establishment, VDC has built co-operative relations with many big VPN service providers in the region and from all over the world to provide high quality service to customers with extending coverage to more than 160 countries. About CPCNet Hong Kong Limited CPCNet Hong Kong Limited, a wholly owned subsidiary of CITIC 1616 Holdings Limited (SEHK: 1883), is a communications and security solution partner headquartered in Hong Kong, a preferred partner by multinational corporations (MNCs) and business partners. By employing fully meshed network, CPCNet offers TrueCONNECT(TM), an advanced MPLS VPN service, TrustCSI(TM), an integrated suite of information security solution and a whole range of innovative communications products, security solutions and managed services. Most Read Art Hong Kong's Cas COMPUTEX TAI amp; Turn-out; T industry Info-hub COMPUTEX TAI Green Technolog WORLD INDEX COMPUTEX TAI Tech Industry Ads by Goog CPCNet aims at providing an excellent service and delivering the highest level of service quality to customers. As recognition on its excellence in the provision of Communications & Security Services in Asia, the Company received certificates of ISO 9001 - Quality Management System and ISO 27001 - Information Security Management System. 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