Under its business strategy, the company focuses on researching and developing centralized information security monitoring systems, monitoring and protection systems for telecommunications and anti-smuggling networks, systems for monitoring and protecting web applications on cloud computing platforms, and information security management system for office networks.
Services include around-the-clock security information monitoring and troubleshooting, information security assessment and evaluation of systems and applications, and reviewing and removing malicious codes.
According to its leaders at the founding ceremony, the company is now responsible for ensuring network and information security of all its operational telecommunications network as well as its invested telecommunications networks in the 10 foreign markets. Furthermore, it targets various clients at home and overseas, including government agencies, large enterprises, small and medium-sized enterprises (SMEs), individual customers, telecommunications customers, as well as information security service providers.
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Major General Le Dang Dung addresses the event. |
Viettel’s leaders also revealed that its network security staff prevent more than 25,000 cyber attacks by hackers around the world on Viettel’s systems and customers every year. At this point, the company provides network security solutions, evaluations, and rescue and troubleshooting services for more than 40 customers, including the Vietnam General Office of Customs, the General Department of Taxation, and the Ministry of National Defense, city and provincial people’s committees, and large corporations and businesses.
Speaking at the event, Major General Le Dang Dung, Acting Chairman and General Director of Viettel, stressed that telecommunications and IT development is a necessary path for social development and national development. “With diverse network security products, the Viettel Cyber Security Company can provide the most solid shield for Vietnamese organizations and enterprises,” he said.
According to him, the establishment of the company is part of the group’s strategic transformation in the fourth development phase and Industry 4.0.
Viettel is listed by the Brand Finance among the 500 most valuable brands in the world, with its value of $4.316 billion. Its brand value has risen 35.8%, or more than $1 billion, since early 2018, mainly because of its presence in ten foreign markets, proving it has become a highly-competitive operation on the international market.
2018 was a successful year for Viettel in terms of its foreign investment in Asia. Mytel, the Viettel brand in Myanmar, reached nearly 5 million subscribers after just six months of official operation, winning a market-share of more than 10% of the market. Meanwhile, the service revenue increased 20% during the year, mobile subscribers grew nearly 70%, and cash flow back to Vietnam reached $240 million, up more than 3% from 2017.
Translated by Thu Nguyen