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.
Vietnamese firms have been increasing their overseas investments in recent years in an effort to expand their global reach.
The military-run telecom group Viettel said it expects to put into operation more than 1,000 new-technology base transceiver stations (BTS) in inner Hanoi, which will improve the quality of internet services in the city.
Viettel is a strong brand and should maintain its No. 1 position in Vietnam’s telecom sector while improving its standing in Asia, National Assembly (NA) Chairwoman Nguyen Thi Kim Ngan said at a working session with the group in Hanoi on July 16.
Viet Solutions 2020, a contest seeking solutions for digital transformation process in Vietnam for individuals and businesses over the world, was launched by the Ministry of Information and Communication and the Viettel Military Industry and Telecoms Group.
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.
The telecom giant Viettel on June 19 announced it is among the members of a consortium developing a high-performance under-sea cable connecting Vietnam, China, Japan, the Philippines, Singapore and Thailand.
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).
VOV.VN - The Prime Minister has allowed the Military Industry and Telecoms Group (Viettel) to set up overseas subsidiaries in six countries, including Mozambique, Tanzania, East Timor, Burundi, Haiti, and Cambodia, according to a statement made by the Government Office on June 3.
VOV.VN - A total of eight football clubs have made it into the quarter-finals of the National Cup 2020, including V.League 1 champion’s Hanoi FC, following the completion of a two-day event on May 30 and 31 to decide who qualifies for the next round of the domestic cup competition.
Five sectors of telecoms, information and technology, clean agriculture, clean technologies, retail, health care and pharmaceuticals have potential for high growth in the next three years.
Vietnam's 5G network is forecast to have a bright future with Government and regulator support while domestic manufacturing of 5G handsets could lower device costs and lend tailwinds to adoption.
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.
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.
Prime Minister Nguyen Xuan Phuc on April 18 attended a ceremony to launch a remote medical examination and treatment platform and Bluezone application to help the community in COVID-19 prevention and control.
The State Bank of Vietnam is completing a mobile money project to be submitted to the Government for approval this month, Governor Le Minh Hung has said.
Vietnamese Deputy Minister of Health Nguyen Thanh Long and Lao Minister of Health Bounkong Syhavong have agreed to set up a connection system to provide technical assistance in the prevention and test of COVID-19, as well as treatment of patients.
Metfone, the Cambodian affiliate of the military-run telecom group Viettel, and the branch in Cambodia of the Military Bank (MB Cambodia), on March 26 signed an MoU on their five-year strategic cooperation.