Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Friday, September 27 2019 - 23:42
AsiaNet
Viettel leads the top 10 most valuable brands in Vietnam in two consecutive years, valuated at more than US$4.3 billion
HANOI, Vietnam, Sept. 27, 2019 /PRNewswire-AsiaNet/ --

Brand Finance, the world's leading business brand valuation company, announced 
the Top 50 most valuable brands in Vietnam. Accordingly, Viettel is the most 
valuable brand in Vietnam with a value of more than US$4.3 billion.

Photo - https://photos.prnasia.com/prnh/20190927/2594461-1 
(Viettel representative receives TOP50 Vietnam's most valuable brands 
certification)

Viettel's brand value is equivalent to more than US$1.5 billion in comparison 
to the year of 2018, which is nearly 3 times more valuable than the second 
ranked brand and equal to the total value of the 3 following brands in the 
list. This is the second consecutive year Viettel has led the list, among the 
Top 10 most valuable brands in Vietnam.

Viettel continues, with the current brand value, to be the only brand of 
Vietnam and one of the eight brands of Southeast Asia to be listed in the Top 
500 most valuable brands in the world announced by Brand Finance.

Viettel's brand value is valuated highly thanks to the strong growth in 10 
overseas markets, and the Viettel Group's development in many key areas such 
as: telecommunications, electronic and telecommunications industry, network 
security industry.

Brand Finance is the world's leading branded business valuation organization 
based in the United Kingdom (UK). Brand Finance's valuation results are 
officially used and published on leading communication channels such as BBC, 
CNN, CNBC, Bloomberg, The Economist, The Wallstreet Journal, etc.

Mr. Samir Dixit, Managing Director of Brand Finance Asia Pacific, said: "The 
brands in Top 10 combine to 68% of the total brand value of Top 50 brands in 
Vietnam. Brand value is an aspect to increase business value for enterprises. 
This is evidenced by the fact that 52% of the global enterprise value today is 
intangible, created by the brand value."

In 2019, Viettel has focused on digital transformation aiming at promoting the 
formation of a digital economy and digital society. It has successfully 
deployed the Smart Operations Center in Thua Thien Hue Province. This Center 
recently won Telecom Asia Awards 2019 in Asian most innovative smart cities 
category. 

Viettel has deployed 5G broadcasting and put the IoT connection infrastructure 
into operation. Especially with 5G, Viettel has become the first network 
operator in Vietnam to make a successful connection on mobile network, thereby 
making Vietnam one of the earliest countries to successfully test 5G network in 
the world. In addition, it has also become a pioneer in bringing 5G technology 
to international investment markets such as Cambodia (July 2019); and Myanmar 
(August 2019).

SOURCE  Viettel Group

Image Attachments Links:

   Link: https://iop.asianetnews.net/view-attachment?attach-id=346405

   Caption: Viettel representative receives TOP50 Vietnam's most valuable 
brands certification

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