The top 10 most valuable brands in Vietnam 2020 are worth US$8.1 billion, increasing by 17% from last year and accounting for 30% of the list’s total value, according to Forbes Vietnam magazine.
Non-cash payment activities have developed strongly in recent years with many payment services such as digital banks and e-wallets.
Experts forecast despite being relatively new in Vietnam, network sharing efforts would accelerate as the Government seeks to streamline network deployments and slash capital spending.
Four mobile network operators of Viettel, Vinaphone, MobiFone and Gtel signed an agreement in Hanoi on June 10 to share about 1,200 base transceiver stations (BTS).
A mobile money pilot project has been submitted to the Prime Minister for approval, marking a bold step for the development of payments using telecommunication accounts in Vietnam, Governor of the State Bank of Vietnam Le Minh Hung said at the dialogue between the PM and the business community last week.
Vietnam’s top four network providers, namely VNPT, Vinaphone, Viettel, and MobiFone, are listed among top 150 most valuable and strongest telecom brands worldwide in 2020, according to an annual report recently released by UK-based Brand Finance.
The Hanoi-based High-Level People’s Court on April 27 upheld the life imprisonment for former Minister of Information and Communications Nguyen Bac Son, who committed wrongdoings in the MobiFone-AVG deal.
The People’s Procuracy has determined that former Minister of Information and Communications Nguyen Bac Son played the leading role in a case involving the MobiFone Telecommunications Corporation’s purchase of a 95% stake in the Audio Visual Global JSC (AVG), an appeal trial in Hanoi on April 24 heard.
Internet access quality in Vietnam basically meets standards, according to figures released by the Vietnam Internet Network Information Center (VNNIC) under the Ministry of Information and Communications for the first time on April 20.
Telecom provider MobiFone announced on March 10 that it has successfully piloted the fifth generation (5G) wireless internet technology in Ho Chi Minh City, Da Nang and Hai Phong.
Nearly 100 Vietnamese companies will need to hit the road for share auctions by the end of 2020 to meet the government’s target of privatizing state firms.
Institutional investors are seeking opportunities to buy shares in large-cap State-owned enterprises when they launch IPOs in 2020.
Vietnam seeks to launch commercial 5G mobile services this year, the Ministry of Information and Communications has said.
The Hanoi People’s Court on December 28 handed out jail sentences to 14 defendants in relation to the case of MobiFone’s purchase of 95 percent of shares of the Audio Visual Global JSC (AVG).
The procuracy has demanded the death sentence for former Minister of Information and Communication Nguyen Bac Son for accepting a 3 million USD bribe in the MobiFone-AVG transaction case.
Following the footstep of other leading mobile network providers in Vietnam, MobiFone has been piloting the 5G technology in major cities of the country, contributing to the impressive national IT development.
The Supreme People’s Procuracy on October 19 notified the prosecution of two former ministers of information and communications (MIC) – Nguyen Bac Son and Truong Minh Tuan, along with 12 other defendants in relation to the case of the MobiFone’s purchase of 95 percent of shares of the Audio Visual Global JSC (AVG).
As State-owned enterprises (SOEs) have many functions in the local economy, they struggle to fulfil their main task of doing business, so they need solutions to improve business efficiency, according to experts.
Vietnam’s top 50 brands in 2019 were announced on the sidelines of a workshop on brand management and development in Hanoi on September 24.
The Ministry of Information and Communications (MIC) wants to cut the connecting charge for calls between two mobile networks from the current 440 VND (0.02 USD) to 270 VND per minute.