Viettel Global Investment JSC, a subsidiary of Viettel Military Industry and Telecoms Group, reported revenue of 4,428 billion VND (188.6 million USD) and profit of 1,342 billion (57.1 million USD) in the third quarter of 2018, increases of 5 and 8 percent year-on-year.
Vietnamese Prime Minister Nguyen Xuan Phuc and leaders of other Greater Mekong Subregion (GMS) countries attended the Mekong-Japan Business Forum held in Tokyo on October 9 with the participation of about 600 enterprises from the GMS nations and Japan.
Vietnam is entering the Fourth Industrial Revolution with the participation of all sectors, including the banking system; however, non-cash payment has seen development stall as the country’s population has not yet embraced its benefits.
Vietnam now has more than 13 million 4G users after over a year of the service's deployment, accounting for about 30 percent of the total number of mobile phone subscribers.
The Mekong Delta province of Hau Giang plans to invest over 862.65 billion VND (37.3 million USD) in projects on postal service, telecommunications, and information technology development during the 2018-2020 period, according to a local official.
Mytel, Viettel’s mobile company in Myanmar, has signed up more than two million subscribers in just one month since officially starting operations.
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.
Vietnam’s military-run Viettel Group will officially inaugurate its services in Myanmar under the trade name of Mytel in the second quarter of 2018.
Viettel Group’s revenue from its overseas investment in 2017 surged by 38 percent from the previous year to reach 38 trillion VND (1.7 billion USD).
Leading mobile phone service providers Viettel and MobiFone have said they are ready to cope with the expected rush during the Lunar New Year (Tet).
Vietnamobile has become the fifth operator licensed to provide 4G services in Vietnam, baodautu.vn reported.
The Voice of Vietnam (VOV) on September 28 launched new smartphone and computer applications to give online health care services, with the aim of improving the health care quality for the community.
4G mobile phone services are expected to boom in Vietnam in 2017, accelerating the completion of national programmes such as e-Government, Smart City and Smart Agriculture.
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.
Telecom operator Vietnam Posts and Telecommunications Group (VNPT) has chosen Ericsson as a strategic partner to modernise its charging and business support system.
The military-run telecoms group Viettel is the main factor creating a boom in telecommunications in Vietnam, contributing to completing the national target of universalising telecom services ahead of schedule, said Defence Minister General Ngo Xuan Lich.
Vietnam needs to avoid ineffective investment and outdated technology in the transition from 4G to 5G, Director of the Authority of Radio Frequency Management (ARFM) Doan Quang Hoan has said.
The military-run telecom group Viettel reported about 15,900 new subscribers of 4G service per day since it was rolled out on April 18.
