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Viettel jumps 32 places in Brand Finance Global 500

The Military Industry-Telecoms Group (Viettel) moved up 32 places to the 325th in the 2021 list of the world’s 500 most valuable brands recently released by the brand valuation consultancy Brand Finance.
Viettel jumps 32 places in Brand Finance Global 500 ảnh 1Viettel is valued at 6.016 billion USD in 2021, up 3.4 percent from last year (Photo: Viettel)
Hanoi (VNA) – The Military Industry-TelecomsGroup (Viettel) moved up 32 places to the 325th in the 2021 list ofthe world’s 500 most valuable brands recently released by the brand valuationconsultancy Brand Finance.

With this position, Viettel, valued at 6.016 billion USD (up3.4 percent from last year), remains the only Vietnamese brand and also theonly telecoms brand of Southeast Asia in the rankings.

According to Brand Finance, Viettel continued to performwell in 2020, when it earned more than 264 trillion VND (nearly 11.5 billionUSD) in revenue and posted year-on-year growth of 4.4 percent. Its revenue fromdigital services increased 27.7 percent, doubling the average growth rate ofVietnam’s IT industry (14.7 percent).

The firm also built complete platforms for market-leadingdigital services, especially the ones for the Government, ministries, andsectors.

Viettel’s brand value has doubled since it decided to turnfrom a telecoms service supplier into a pioneer in developing a digital societyin 2018./.
VNA
#Viettel #Military Industry-Telecoms Group #Brand Finance #most valuable brands #Brand Finance Global 500 #telecoms brand #IT industry #digital services #digital society #updated Vietnam news #Vietnamplus #Vietnam News Agency
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