US steering Vietnam’s cables away from China


Washington considers HMN Tech an affiliate of Chinese tech giant Huawei and both are under US sanctions over concerns that they are a threat to national security – a charge that Huawei has denied. — Reuters

HANOI: The United States is urging Vietnam to avoid Chinese cable-laying firm HMN Technologies and other Chinese companies in its plans to build 10 new undersea cables by 2030, according to sources.

Vietnam’s five major ageing subsea connections that link it to the global Internet have suffered repeated failures, making new cables a top government priority.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read