Customers at a Viettel customer services centre. (Source :tin247)
Hanoi (VNA)♓ - The Prime Minister has approved a plan to raise military-run Telecommunications Group's (Viettel's) charter capital.
Accordingly, the company's charter capital will triple to 300 trillion VND (13.3 billion USD) for the 2015-20 period.
Viettel is the country's leading telecommunications group with revenues of 193.1 trillion VND (8.6 billion USD) last year, a three-time increase compared to 2009.
Last year, the company posted a pre-tax profit of 42 trillion VND (2 billion VND), a four-time increase compared to 2009.
Viettel has 57.4 million subscribers, of which 55.5 million are mobile subscribers and 1.9 million are landline users. The figures for subscribers in the foreign market are 17.5 million for mobiles and 815,000 with landlines.
With respect to infrastructure, Viettel has more than 63,600 Base Transceiver Stations (BTSs) throughout the country, and 19,100 stations abroad.
By 2020 the telecom group hopes to report a record revenue of 500 trillion VND (22.2 billion USD).
Research and development, along with equipment manufacturing, are considered the three key pillars of Viettel's development strategy, apart from domestic and overseas telecommunications.
Notably, Viettel has mastered technology for its equipment and military weapon production, laying a solid foundation for the development of a defence industrial complex and firmly protecting the nation's sovereignty in all fields.
ꦉ The coverage and quality of its 3G network meet all criteria set by the supervisory agencies, providing telecommunication, television and information technology services to clients, having successfully transformed itself from an operator to a content and application provider.-VNA
Viettel has become the biggest telecom company in Vietnam 15 years after it was established and has been one of the country's few successful investors abroad.
Bitel telecommunication service provider, the Peru branch of Vietnam’s military-run telecom group Viettel, will invest an additional 250 million USD to increase its subscribers to 2.5 million people.
Telemor, Viettel’s subsidiary in Timor Leste, has expanded quickly after its entry in 2013 and now has 470,000 users among the country’s population of 1.2 million.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
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.
Customers at a Viettel customer services centre. (Source :tin247)
