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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.

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According to Brand Finance, Viettel continued to perform well in 2020, when it earned nearly 11.5 billion USD in revenue and posted year-on-year growth of 4.4 percent. Its revenue from digital services increased 27.7 percent, doubling the average growth rate of Vietnam’s IT industry.

The firm also built complete platforms for market-leading digital services, especially the ones for the Government, ministries, and sectors.

Viettel’s brand value has doubled since it decided to turn from a telecoms service supplier into a pioneer in developing a digital society in 2018./.

VNA