Fintech needs improved legal framework: experts Business

Fintech needs improved legal framework: experts

To develop financial technology, a comprehensive legal framework and cooperation between banks and fintech businesses are required, experts told a conference organised by the State Bank of Vietnam (SBV) and Asian Development Bank (ADB) in Ho Chi Minh City on September 10.
Viettel posts profit of 915 million USD Business

Viettel posts profit of 915 million USD

Viettel Group posted consolidated profit of 21.3 trillion VND (915 million USD) in the first half of the year, representing a 10.2 percent year-on-year increase and surpassing 24.7 percent of set targets.
Vietnam a digital advertiser's dream Business

Vietnam a digital advertiser's dream

More than 51 million Vietnamese access the internet, social media and apps through their smartphones daily, according to a recently released report by Appota Corporation.
Viettel eyes 50 million USD from online film website Business

Viettel eyes 50 million USD from online film website

The Viettel Military Industry and Telecoms Group’s Viettel Media aims to earn revenue of 50 million USD from its online film store Keeng Movies by 2020, a representative from the firm said at the official launch of the website in Ho Chi Minh City on June 6.
Telecom sector revenue on target Business

Telecom sector revenue on target

Vietnam’s telecom revenue is estimated at 213.36 trillion VND (9.36 billion USD) in the first six months of the year, excluding Viettel’s business overseas, equal to 47.41 percent of the plan for the year.
Viettel ready to provide 4G services Sci-Tech

Viettel ready to provide 4G services

The military-run telecommunication group Viettel has confirmed that it is ready to provide 4G services once the mobile telecom technology is allowed to be put into operation.
Viettel offers 4G services on large scale Sci-Tech

Viettel offers 4G services on large scale

The military-run telecommunication group Viettel officially provided SIM cards using 4G technology for new subscribers on May 12, a move to realise its plan to offer 4G services to a large extent.
4G may not boom in 2016: Experts Sci-Tech

4G may not boom in 2016: Experts

Next year could be just a starting year for the implementation of 4G services in Vietnam, and there may not be a boom in the market in this regard.