Transaction at VNPT business centre in Hanoi (Photo: VNA)Hanoi (VNA)- The Vietnam Posts and Telecommunications Group (VNPT) is one of the threestrongest Vietnamese brands in 2018, together with Viettel and Vinamilk,according to the latest report by Brand Finance, the world’s leading businessvaluation consultant.
Brand Finance hasrecently announced its Top 50 Most Valuable Vietnamese Brands 2018.
Accordingly, VNPTwas valued at 1.339 billion USD, up 16 percent compared to 2017.
VNPT said in 2018, thefirm earned a profit of 6.44 trillion VND (277.7 million USD), 9.4 percenthigher than the set plan, and up 25 percent compared to 2017. This was thefifth consecutive year that VNPT had achieved an over-20-percent profit growth.
To date, VNPT’s telephonesubscribers hit 34 million, including 31.3 million mobile subscribers and 5.2million internet subscribers.
Along with VNPT, thenational mobile network operator VinaPhone ranks seventh in the list, up 15percent year-on-year. Meanwhile, the military-run telecom provider Viettel isvalued at 3.178 billion USD, up 23.7 percent from 2017.
Brand Finance worksto assess the effectiveness of intangible assets and brands in Vietnam.Intangible assets are contributing significantly to the value of businesses.-VNA
VNA
