Viettel Group has new General Director

Major General Le Dang Dung, Deputy General Director of Viettel Military Industry and Telecoms Group, was promoted to Viettel General Director and Standing Chairman on July 31.
Viettel Group has new General Director ảnh 1Major General Le Dang Dung (Source: VNA)

Hanoi (VNA) – Major General Le Dang Dung, Deputy General Director ofViettel Military Industry and Telecoms Group, was promoted to Viettel GeneralDirector and Standing Chairman on July 31.

Dung replaces Major General Nguyen Manh Hung, who wasappointed to lead the Ministry of Information and Communications on July 25.

Speaking at a ceremony to hand over the Defence Ministry’sdecision to Dung, Minister Ngo Xuan Lich expressed his hope that Dung will helpthe group gain more achievements, and train high-quality human resources tofulfil all assigned tasks.

Dung joined Viettel in 1996. He has held many importantpositions at the group including deputy director and deputy general directorfor 16 years – the longest time in the group’s history. He has also held theposition of chairman cum general director of Viettel Global since 2016.

In his time at Viettel, he had guidelines to focus resourceson implementing Viettel’s three key strategies including domestictelecommunications, foreign telecommunications and research and production oftelecom equipment; building a “flattening” organisation by removing theintermediate level to help the group be flexible and creative and nurturinghuman resources to create breakthroughs for Viettel.

Under his steering wheel, Viettel Global earned revenue of1.25billion USD in 2017, becoming the first and still only Vietnamese firm to reachthat threshold. Its growth rate of overseas investment in 2017 reached 24.4 percent– the highest level so far and six times higher than the world average level.

Viettel has invested in 10 overseas markets so far, amongwhich the company takes the lion’s share in five and makes a profit in eight,the company said.

Viettel has in the Top 15 largest telecoms companies in theworld in term of number of subscribers and Top 40 in term of revenue.

Dung studied electric engineering in Russia between 1977 and1983 and from 1988 to 1990. He joined a three-year course at the University ofSouth Australia from 1993-96. - VNA
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.