Chapter 2742 Attacking the Vietnamese communications market
Vietnam is a country that modern Chinese are very familiar with.
The reason why it is familiar 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 cannot compare to Vietnam's betrayal.
The Chinese happen to hate betrayers the most, so we have such a reform and opening up. For decades, our relationship with Vietnam has been very normal. Even starting in the 1990s, Chinese motorcycles accounted for more than % of the Vietnamese market.
, 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 he has directly solved for them has reached 200,000 to 300,000, and there are also 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 prefer to open factories in Vietnam. In recent years, Vietnam's economic growth rate has averaged more than 15%. Construction, industrial development, and mining have been 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 Fairy Company has settled in Vietnam, so what are you worried about? Vietnam’s investment environment is definitely first-rate!
It is precisely because Fairy Company is so well-known that when these factories and farms gave some money to the local police and garrisons and asked them to do a good job in defense, the request was immediately met. On average, a police car would arrive every hour.
We have been driving around these places, and the garrison has also set up a special telephone number. If anything happens, they will come to the rescue immediately... Well, because there is a bonus for rescue.
Of course. The distance between factories and agriculture and animal husbandry is very far. Xiao Qi does not want to grow food with excessive heavy metals. At least in the environment of Vietnam near the border with China, Xiao Qi does not let those highly polluted
Not only people from China, but also foreigners are not allowed to come to the factory.
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 apart from 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 strive for the future.
In this era of development, in this country where everything is almost starting from scratch, all businesses have become easy to do. It seems that foreigners can make money in whatever they come here to do. This is similar to what China did to foreigners in the 1980s.
The impression is similar.
In the past, Chinese people did not 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.
In addition to 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, compared with the local salary level in Vietnam, it is much higher. In addition, there are many Vietnamese doing business with foreigners. This has also led to many first-time rich people.
The quality of life of Vietnamese people 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 with a smartphone.
The 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 precisely because of this, Xiao Qi was given 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 royalties were as high as US$300 million.
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 it is 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 he doesn’t do business
Even if you try your best to fight, even if you have a huge advantage, you will easily lose.
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 say Vietnam
Which company's smart electronic products will the public choose?
Another point is that if he controls the 3G and optical fiber communication market in Vietnam, it will be equivalent to Xiao Qi controlling the public opinion of the Vietnamese. At that time, what news will Xiao Qi want them to see and what kind of search results will 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 we can turn Vietnam into 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 allow foreign investors to invest more in infrastructure.
It should be said that they are generally eager for foreigners to invest in infrastructure.
However, this field of communications is very critical for every government, especially when it comes to various conveniences, surveillance, etc. in the communications field in the future. This requires caution.
Fortunately, Vietnam is too poor, and their officials are not incorruptible. With Fairy Company's strong appeal, Vietnam's influence, and money to clear the way, after talking for more than half a year, they finally finally got it.
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 joint venture's shares, while Fairy Company holds 3%. After laying out the network, 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’s population is 100 million and there is a strong demand for mobile Internet access and computer Internet access, plus Fairy Company is an exclusive operation, the profits here are indeed very high, and it is estimated that the capital can be recovered in up to 15 years.
Then you can get at least 3% income in the next 15 years.
In the later period, it would be good to treat it as a normal operation. 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.)