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Retail Asia09/10/2019

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 countries in the world to commercialize 5G services,” Viettel deputy […]

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Retail Asia03/06/2019

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 1.7Gbps. The Vietnamese government has been pushing for Vietnam to become one of the world’s early 5G adopters […]

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Retail Asia06/05/2019

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 project that will allow operators to pilot mobile money services not linked to customers’ bank accounts. The three […]

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Retail Asia25/04/2019

Vietnamese military-run operator Viettel has installed Vietnam’s first 5G base stations in Hanoi ahead of planned 5G trials. The operator has deployed three test 5G base stations at various offices, and expects to switch them on for trials in early May. Viettel plans to test 70 5G base stations in Hanoi and Ho Chi Minh City […]

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Retail Asia05/04/2019

Vietnamese military-owned operator Viettel has announced that its subsidiary in Laos Unitel has become the first mobile operator in the market to launch eSIM technology. The Unitel eSIM service was introduced at the beginning of March, and Unitel is aiming to encourage at least 10,000 customers to exchange their physical SIMs for eSIMs by the […]

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Retail Asia29/01/2019

Military-run telecom giant Viettel is the only Vietnamese firm in the list of 500 most valuable brands in the world. Valued at $4.32 billion, Viettel’s brand was ranked 478th on the list of 500 most valuable brands in the world for 2019, Brand Finance, a leading global brand valuation consultant, announced at the ongoing World […]

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Retail Asia25/01/2019

Vietnam’s largest telecommunications company Viettel has received a license to trial its 5G services. The trial is licensed for a period of one year until January 21 next year. Viettel is the first company in Vietnam to receive this license. The military-owned company is allowed to trial the sevices in Hanoi and HCMC at not more […]

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Retail Asia17/01/2019

Vietnam’s five most valuable brands were worth a combined $8.1 billion in 2018, up $2.3 billion or 39 percent against 2017, Brand Finance estimated. The most valuable brand was military-owned mobile network Viettel at $2.8 billion last year, up 9 percent from $2.57 billion 2017, said the UK brand valuation company. The 47th most valuable telecom […]

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Retail Asia07/01/2019

Vietnam’s largest telecommunication company, Viettel, is seeking to double its five million subscribers in Myanmar by the end of the year. Viettel, whose $1.22 billion unit Viettel Global Investment is trading on the Unlisted Public Company Market, has also shown interest in investing in North Korea and Cuba. “The growth seen in Myanmar is rare […]

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Retail Asia10/12/2018

Vietnamese telecom firms are seeking a head start in the 5G race as the country becomes an early adopter of the technology. State-owned Vietnam Posts and Telecommunications Group (VNPT) recently signed a deal with Finnish telecom firm Nokia to develop 5G solutions and technology for the Internet of Things. The three-year deal is worth $15 […]

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Retail Asia12/11/2018

Viettel earned gross profits of $57.25 million from overseas markets in Q3, a year-on-year increase of 8 percent. Its overseas investment arm, Viettel Global, reaped net revenues of nearly VND4.43 billion ($188.71) in the third quarter, up 5 percent over the same period last year. Accumulated net revenues reached VND12.43 trillion ($529.7 million) between January […]

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Retail Asia10/10/2018

Nokia has completed a demonstration of its smart city management solution IOC for Vietnamese military-run operator Viettel in support of the government’s smart city ambitions. Nokia demonstrated its Integrated Operations Center to the operator during a trial in Hanoi. The IOC solution is designed to orchestrate smart city operations providing a unified real-time management of all smart […]

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Retail Asia25/09/2018

More than 2.24 billion Viettel Global shares will make their debut on Hanoi’s unlisted public company market, UPCoM, on Tuesday. The shares of Viettel Global Investment Joint Stock Company, with the sticker VGI, will be traded on the UPCoM at a floor price of VND15,000 ($0.65) per unit. Viettel Global will become the largest firm […]

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Retail Asia27/08/2018

Vietnamese telecommunication company Viettel has set its sights on the Philippines as the next destination in its overseas expansion drive. The company said on Thursday, as the archipelago’s economy clears the way for the entry of a third operator. Fixing the Philippines’ notoriously patchy and expensive telecom services was a campaign promise of populist President […]

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Retail Asia10/11/2017

A list of the 1,000 businesses that paid the most tax last year in Vietnam has been released, and includes three foreign firms in the top 10. Military-run telco giant Viettel topped the list after earning a pre-tax profit of nearly VND40 trillion ($1.76 billion), followed by Japanese motorbike and automobile producer Honda and state-owned […]

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Retail Asia04/08/2017

Vietnam’s Viettel has launched 4G services in East Timor through its subsidiary in the market Telemor. The launch in East Timor marks the Viettel group’s sixth 4G launch outside Vietnam, and follows launches in Burundi, Cambodia, Haiti, Laos, and Peru. Viettel first entered East Timor in 2013, investing $15 million to deploy a mobile network […]

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Retail Asia27/07/2017

Strong international markets, favorable exchange rates and new services have led to record revenues. Vietnam’s military-run telecoms group Viettel said its pre-tax profit from the nine overseas market it currently has a foothold in rose 156 percent on-year to $41 million in the first half of 2017. The huge jump is due to encouraging business […]

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Retail Asia24/07/2017

Military-run telecom group Viettel, one of Vietnam’s three largest mobile service providers, recorded a pre-tax profit of VND1 trillion (US$41.2 million) from its overseas investments in the first half of 2017, a 156 percent year-on-year increase, according to Viettel’s latest report. The report, which reviews the business results of Viettel’s overseas investments in nine markets, […]

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Retail Asia04/05/2017

Vietnam’s Viettel is reportedly eyeing a foray into Indonesia and Nigeria as part of its international expansion drive. The military-run operator’s Viettel Global subsidiary is planning to enter the two markets due to their large populations. As of June last year, Indonesia had a population of 258 million while Nigeria had a population of 187 […]

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Retail Asia20/04/2017

Vietnam’s Viettel has launched 4G services across Vietnam after completing a nationwide rollout in just six months. The operator has now achieved 95% coverage with its 4G network, and officially launched services on Tuesday. The network consists of 36,000 4G base stations using 4-transmit 4-receive (4T4R) technology to improve coverage and capacity, as well as […]

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