{"id":15791,"date":"2023-02-03T09:46:00","date_gmt":"2023-02-03T09:46:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4004989_AE04989_0"},"modified":"2023-02-03T09:46:00","modified_gmt":"2023-02-03T09:46:00","slug":"viettel-named-most-valuable-telecoms-brand-in-southeast-asia","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=15791","title":{"rendered":"Viettel Named Most Valuable Telecoms Brand in Southeast Asia"},"content":{"rendered":"<ul type=\"disc\">\n<li><b><i>Viettel&#8217;s brand value reached<\/i><\/b> <b><i><span class=\"xn-money\">US$8.9 billion<\/span> <\/i><\/b><b><i>in <\/i><\/b><b><i>2023 \u2013 <\/i><\/b><b><i>up<\/i><\/b><b><i> US$<\/i><\/b><b><i>144<\/i><\/b> <b><i>m<\/i><\/b><b><i>illion <\/i><\/b><b><i>to <\/i><\/b><b><i>2022. <\/i><\/b><\/li>\n<li><b><i>T<\/i><\/b><b><i>he most valuable telecoms brand in <span class=\"xn-location\">Southeast Asia<\/span>, <\/i><\/b><b><i>jumped 1 place in <span class=\"xn-location\">Asia<\/span> and global telecommunications rankings<\/i><\/b><b><i>. <\/i><\/b><\/li>\n<li><b><i>8 consecutive years of increasing brand value on the Brand Finance Global 500<\/i><\/b><\/li>\n<\/ul>\n<p><span class=\"xn-location\">HANOI, Vietnam<\/span>, <span class=\"xn-chron\">Feb. 3, 2023<\/span> \/PRNewswire\/ &#8212; Viettel&nbsp;Group&nbsp;was&nbsp;named as&nbsp;the most valuable telecoms brand in <span class=\"xn-location\">Southeast Asia<\/span> and the 17th in the world, according to the latest Brand Finance Global 500. Viettel Group, with a brand value of <span class=\"xn-money\">US$8.9 billion<\/span>, ranked&nbsp;the&nbsp;234th position globally, and&nbsp;is the&nbsp;only brand of <span class=\"xn-location\">Vietnam<\/span> and the only telecoms one of <span class=\"xn-location\">Southeast Asia<\/span> listed in the 2023 rankings.&nbsp;Viettel remains a series of 8 consecutive years of increasing brand value even in the context of the 2022 recession.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder8624\" readability=\"8\">\n<p><a href=\"https:\/\/mma.prnasia.com\/media2\/1995573\/1__Image_1.html\" target=\"_blank\" rel=\"nofollow noopener\"><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/1995573\/1__Image_1.jpg?p=medium600\" title=\"Viettel Group was named as the most valuable telecoms brand in Southeast Asia and the 17th in the world\" alt=\"Viettel Group was named as the most valuable telecoms brand in Southeast Asia and the 17th in the world\"><\/a><br \/><span>Viettel Group was named as the most valuable telecoms brand in Southeast Asia and the 17th in the world<\/span><\/p>\n<\/p><\/div>\n<p><b>All-out efforts bring spectacular growth<\/b><b>&nbsp;in 2022<\/b><\/p>\n<p>In 2022, amid continued turbulence in the global economic environment&nbsp;and the far-reaching effects of the COVID-19 pandemic, <span class=\"xn-location\">Vietnam<\/span> still recorded high growth, and become a bright spot in the world economy.&nbsp;<\/p>\n<p><span class=\"xn-location\">Vietnam&#8217;s<\/span> economy grew 8.02% in 2022, the highest rate recorded in the 2011-2022 period. The increase is three-times the growth in 2021 and exceeded the target of 6-6.5% set by the Government.&nbsp;Several&nbsp;Vietnamese firms&nbsp;rose as silver lightning of <span class=\"xn-location\">Vietnam&#8217;s<\/span> economy&nbsp; with billions of dollars in profits.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder7022\" readability=\"7\">\n<p><a href=\"https:\/\/mma.prnasia.com\/media2\/1995574\/2__Image_2.html\" target=\"_blank\" rel=\"nofollow noopener\"><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/1995574\/2__Image_2.jpg?p=medium600\" title=\"Viettel\u2019s brand value reached US$8.9 billion in 2023 \u2013 up US$144 million to 2022\" alt=\"Viettel\u2019s brand value reached US$8.9 billion in 2023 \u2013 up US$144 million to 2022\"><\/a><br \/><span>Viettel\u2019s brand value reached US$8.9 billion in 2023 \u2013 up US$144 million to 2022<\/span><\/p>\n<\/p><\/div>\n<p>Amid the uncertainties, Viettel pressed ahead with quality-oriented solutions in all fields such as telecoms, foreign investment, IT and digital services, Hi-tech R&amp;D. Viettel earned pre-tax profits of <span class=\"xn-money\">VND43.1 trillion<\/span> (<span class=\"xn-money\">US$1.8 billion<\/span>) in 2022, the highest growth recorded since 2017. The profits rose 3% from 2021. The group&#8217;s consolidated revenues increased by 6.1% to <span class=\"xn-money\">VND163<\/span> trillion&nbsp;(<span class=\"xn-money\">US$6.9 billion<\/span>).<\/p>\n<p>Viettel said telecommunications continued to be its main source of revenue, as the company remained the largest mobile telecommunications service provider in <span class=\"xn-location\">Vietnam<\/span>, with a market share of 54%.<\/p>\n<p>Last year, Viettel&#8217;s foreign investment for the first time reached nearly <span class=\"xn-money\">US$3 billion<\/span>. Meanwhile, it remitted home nearly <span class=\"xn-money\">US$500 million<\/span>, the highest amount in the last five years. By the end of last year, it had repatriated nearly 70% of its total investment abroad.<\/p>\n<p>The digital solutions and services provided by Viettel also had a breakthrough when revenues from information technology solutions surged by 58%.<\/p>\n<p><b>About Viettel Group<\/b><\/p>\n<p>Viettel Group is an international enterprise headquartered in <span class=\"xn-location\">Hanoi, Vietnam<\/span>. The group has investments in 11 countries in <span class=\"xn-location\">Africa<\/span>, <span class=\"xn-location\">Asia<\/span> and <span class=\"xn-location\">Latin-America<\/span>. Viettel has five business lines including telecommunications and information technology (IT); research and manufacture of electronic and telecommunications equipment; defense industry; cyber security and digital services. Viettel Telecom, a member of Viettel Group, is the largest telecommunications service provider in <span class=\"xn-location\">Vietnam<\/span>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Viettel&#8217;s brand value reached US$8.9 billion in 2023 \u2013 up US$144 million to 2022. The most valuable telecoms brand in Southeast Asia, jumped 1 place in Asia and global telecommunications rankings. 8 consecutive years of increasing brand value on the Brand Finance Global 500 HANOI, Vietnam, Feb. 3, 2023 \/PRNewswire\/ &#8212; Viettel&nbsp;Group&nbsp;was&nbsp;named as&nbsp;the most valuable [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":15792,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-15791","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Viettel Named Most Valuable Telecoms Brand in Southeast Asia - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=15791\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Viettel Named Most Valuable Telecoms Brand in Southeast Asia - My Blog\" \/>\n<meta property=\"og:description\" content=\"Viettel&#8217;s brand value reached US$8.9 billion in 2023 \u2013 up US$144 million to 2022. 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