Viettel jumps 32 places in Brand Finance Global 500
The Military Industry-Telecoms Group (Viettel) moved up 32 places to the 325th in the 2021 list of the world’s 500 most valuable brands recently released by the brand valuation consultancy Brand Finance.
Viettel is valued at 6.016 billion USD in 2021, up 3.4 percent from last year (Photo: Viettel)
Hanoi (VNA) – The Military Industry-TelecomsGroup (Viettel) moved up 32 places to the 325th in the 2021 list ofthe world’s 500 most valuable brands recently released by the brand valuationconsultancy Brand Finance.
With this position, Viettel, valued at 6.016 billion USD (up3.4 percent from last year), remains the only Vietnamese brand and also theonly telecoms brand of Southeast Asia in the rankings.
According to Brand Finance, Viettel continued to performwell in 2020, when it earned more than 264 trillion VND (nearly 11.5 billionUSD) in revenue and posted year-on-year growth of 4.4 percent. Its revenue fromdigital services increased 27.7 percent, doubling the average growth rate ofVietnam’s IT industry (14.7 percent).
The firm also built complete platforms for market-leadingdigital services, especially the ones for the Government, ministries, andsectors.
Viettel’s brand value has doubled since it decided to turnfrom a telecoms service supplier into a pioneer in developing a digital societyin 2018./.
The military-run telecommunication group Viettel posed revenue of over 264 trillion VND (11.48 billion USD) in 2020, up 4.4 percent against the previous year and exceeding its yearly plan by 2.4 percent.
M3 Communication Co., Ltd, a member of the military-run telecom giant Viettel, has officially become the first Vietnamese enterprise joining the global aerospace supply chain, according to UK-based Meggitt PLC.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
Viettel is valued at 6.016 billion USD in 2021, up 3.4 percent from last year (Photo: Viettel) 
