The Vietnam Posts and Telecommunications Group (VNPT) is one of the three strongest Vietnamese brands in 2018, together with Viettel and Vinamilk, according to the latest report by Brand Finance, the world’s leading business valuation consultant.
Transaction at VNPT business centre in Hanoi (Photo: VNA)
Hanoi (VNA)- The Vietnam Posts and Telecommunications Group (VNPT) is one of the threestrongest Vietnamese brands in 2018, together with Viettel and Vinamilk,according to the latest report by Brand Finance, the world’s leading businessvaluation consultant.
Brand Finance hasrecently announced its Top 50 Most Valuable Vietnamese Brands 2018.
Accordingly, VNPTwas valued at 1.339 billion USD, up 16 percent compared to 2017.
VNPT said in 2018, thefirm earned a profit of 6.44 trillion VND (277.7 million USD), 9.4 percenthigher than the set plan, and up 25 percent compared to 2017. This was thefifth consecutive year that VNPT had achieved an over-20-percent profit growth.
To date, VNPT’s telephonesubscribers hit 34 million, including 31.3 million mobile subscribers and 5.2million internet subscribers.
Along with VNPT, thenational mobile network operator VinaPhone ranks seventh in the list, up 15percent year-on-year. Meanwhile, the military-run telecom provider Viettel isvalued at 3.178 billion USD, up 23.7 percent from 2017.
Brand Finance worksto assess the effectiveness of intangible assets and brands in Vietnam.Intangible assets are contributing significantly to the value of businesses.-VNA
Forbes Vietnam has recently released its third annual list of the 40 most valuable brands in Vietnam in 2018, estimating their total value at 8.1 billion USD, an increase of 30 percent compared to the 2017 list.
More than 1,200 regional and local experts and businesses discussed ways to exploit the potential of the internet of thing (IoT) market in Vietnam at a seminar in Ho Chi Minh City on October 24.
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.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.
Transaction at VNPT business centre in Hanoi (Photo: VNA) 
