Investigate the impact of the digital economy on capital investment management in building telecommunication infrastructure of Vietnam telecommunication groups and corporations

This research aims to evaluate the relationship between the “growth of the digital economy” and the “management of investment capital in building telecommunications infrastructure” of Vietnamese groups and corporations. Using the PLS-SEM method, four hypotheses were tested in this study based on the survey results of 282 officials and experts in telecommunications employed by MobiFone Telecommunications Corporation, The Vietnam Posts and Telecommunications Group (VNPT) -VinaPhone, and Viettel Military Industry and Telecoms Group. According to the study findings, “Digital business,” “Digital business infrastructure,” and “E-commerce” all have a direct impact on the “Demand for the telecommunications service development” - a mediator variable that plays a crucial role in the growth of telecommunications service; following, it is also found that “Demand for the telecommunications service development” in Vietnam has a direct link with “Investment capital management in building telecommunications infrastructure of telecoms groups and corporations”. The study results are managerial valuable as providing significant implications for the management of investment capital in building telecommunications groups and corporations' infrastructure.