Colonel Tao Duc Thang is set to take over as chairman and CEO of military-owned telecom giant Viettel from Le Dang Dung, who retires on December 31. Thang, 48, who has been the deputy CEO since 2015, has an M.A. in electronics and communications and worked…
Vietnam is set to commercially launch 5G mobile services next year as it seeks to increase the number of internet users by reducing the number of 2G smartphones to under 5 percent. The Ministry of Information and Communications reported at a meeting Wednesday…
Telecom giant Viettel reported pre-tax profits of VND 19.9 trillion ($867.2 million) for the first half of 2021, a year-on-year increase of 3.1 percent. The growth came despite the ongoing Covid-19 outbreak, which has forced 95 percent of its HCMC-based…
Vietnam’s largest telecommunication service provider Viettel has climbed 32 positions to rank 325th most valuable brand in the world in 2021. Currently valued at $6.01 billion, up 3.4 percent from the previous year, Viettel is the only telecom brand in…
Telecom giant Viettel managed to shrug off the effects of the Covid-19 pandemic and achieve its revenue and profit targets in 2020. The military-owned firm reported revenues of VND264 trillion ($11.47 billion), up 4.4 percent from 2019, and pre-tax profit of…
Viettel Group, Vietnam’s largest mobile network operator, which is wholly owned and operated by the Ministry of Defense, has plans to expand to sister socialist countries Cuba and North Korea, both of which are in the early stages of building up mobile phone…
Telecom giants Viettel and Mobifone have received licenses to commercially test 5G broadcast in Vietnam’s two largest cities. Military-owned Viettel has been allowed to test in Hanoi with a maximum of 140 base transceiver stations while state company MobiFone…
Facebook has removed a network of accounts and pages linked to Vietnamese telecom giant Viettel for allegedly using disinformation tactics to discredit rivals. The social network behemoth said Wednesday it had removed 13 accounts and 10 pages linked to…
Vietnam’s largest telecommunication service provider Viettel has climbed 126 positions to be ranked 355th most valuable brand in the world in 2020. Currently valued at VND134.9 trillion ($5.8 billion), up 34 percent compared to 2019, Viettel was placed 102nd…
The government has approved the construction of two new factories in Hanoi by state telecom giant Viettel and private smartphone producer VinSmart. Viettel will build a 9.1-hectare plant at the Hoa Lac High-Tech Park on the city’s outskirts to test and…
Viettel Global has posted pre-tax profits of VND1.55 trillion ($67.1 million) this year, after seeing losses in Jan-Sept last year. The turnaround has happened thanks to strong revenues in Southeast Asia. Half of the telecom giant’s VND12.4 trillion ($537.3…
Starting from the capital, Hanoi, the country aims to upgrade its mobile network along with the southern commercial hub of Ho Chi Minh City. “Vietnam should be among the first nations to launch 5G services in order to move up in global telecom rankings,” said…
Telecom giant Viettel Global Investment JSC has made VND1.17 trillion ($50.5 million) in pre-tax profits after reporting a loss last year. Viettel Global, which covers overseas investments by military-run Viettel Group, had made a VND15.77 billion ($681,000)…
Telecom giant Viettel broadcast its first 5G network Saturday from its network of 5G base stations in Ho Chi Minh City. “The official broadcast of 5G in Ho Chi Minh City is an important milestone in Viettel’s strategy to make Vietnam one of the first…
Vietnamese military-run operator Viettel has completed the nation’s first 5G call in collaboration with Ericsson. During the trial, conducted as part of Viettel’s ongoing 5G technical testing program, the companies achieved a downlink speed of 1.5Gbps to…
Vietnamese operators MobiFone, VNPT and Viettel have all submitted proposals to participate in pilot mobile money services. Vietnam’s prime minister Nguyen Xuan Phuc has directed the telecommunications ministry and the State Bank of Vietnam to develop a…