Recently, Vietnam Telecom said it has invested $ 50 million connecting Asia, Africa and Europe -1 (AAE-1) international submarine cable systems and in the southern province of Ba Ria - Vung Tau cable landing stations.
23,000 km Asia, Africa and Europe -1 international submarine cable system is expected to cost $ 820 million, financed by 20 partners in 18 countries.
Once put into operation at the end of 2016, Asia, Africa and Europe -1 international submarine cable system will facilitate the construction of Vietnam's telecommunications comprehensive international interconnection infrastructure to meet the growing domestic demand for broadband Internet, and connect companies to invest in Tanzania, Burundi and other African countries to Europe .
Submarine cable systems for ensuring international interconnection of telecommunications in Vietnam and the domestic information security is very important, and to ensure uninterrupted Vietnam and other parts of the world is connected.
Currently, Vietnam telecom services in Vietnam and Asia, Africa and South America, and other nine countries, the number of users reached 85 million. 2015 overseas markets revenue of $ 1.4 billion.