Viettel soars in global valuable brand ranking

The Viettel Military Industry and Telecoms Group (Viettel) has jumped 126 spots to the 355th position in the Brand Finance Global 500 Ranking in 2020.

Thursday, February 06, 2020 11:25

Illustrative image (Source: VNA)

Hanoi (VNA) – The Viettel Military Industry andTelecoms Group (Viettel) has jumped 126 spots to the 355th position inthe Brand Finance Global 500 Ranking in 2020.

Currentlyvalued at 5.8 billion USD, up 34 percent compared to 2019, Viettel is placed102nd in Asia and 7th in Southeast Asia, accordingto Brand Finance, a London-based branded business valuation consultancy.

Thecompany saw its 2019 consolidated revenues increase by 7.4 percent over 2018,and it currently occupies 53 percent of Vietnam’s mobile network market.

TheBrand Finance Global 500 list covers 10 sectors in 29 markets, using a samplesize of 50,000 adults over 18 years old. For the latest ranking, surveys wereconducted online from September to December 2019./.

VNA

#Viettel Military Industry and Telecoms Group #Brand Finance Global 500 Ranking #mobile network market #Southeast Asia #business valuation consultancy #Vietnam #VietnamPlus #Viet Nam News

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