September 22, 2022 | 18:29 (GMT+7)
Viettel is the most valuable brand in Vietnam for seven consecutive years
PANO – According to the Military Industry-Telecoms Group (Viettel), it continues sustaining the status as the most valuable brand in Vietnam for seven consecutive years with USD 8.8 billion valuation.
The information was announced on September 21, in Hanoi by Brand Finance, the world’s leading brand valuation consultancy.
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Brand Finance representative presenting certificate to Viettel during the event to announce Top 50 most valuable brands in Vietnam 2022 |
Accordingly, Viettel brand is valued three times higher than the two brands ranked second and third respectively (about USD 2.8 billion) on the list of Top 50 most valuable brands in Vietnam. With its USD 8.8 billion valuation, Viettel’s brand value accounts for nearly 36% of the total value of the 10 most valuable brands in Vietnam (USD 24.42 billion).
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Viettel sustains the status as the most valuable brand in Vietnam for seven consecutive years. |
Along with the developments in production and business amid many difficulties facing the economy, Viettel brand is highly appreciated for always focusing on environmental sustainability. Research conducted by Brand Finance in 40 countries shows that Viettel is the No.1 brand with sustainability awareness among telecommunications businesses in Vietnam.
In the first six months of 2022, Viettel’s consolidated revenue reached VND 79.7 trillion, up 6.6% over the same period. The group’s service revenue reached nearly VND 72 trillion, increased by 11.6%. Meanwhile, its pre-tax profit reached VND 26.6 trillion, up 21.7% compared to that of last year.
Translated by Minh Anh