Notably, it is the fifth consecutive year Viettel has ranked first in the list.

The list of Top 10 prestigious IT- Telecoms companies 2022 is the result of independent research and evaluation in accordance with the international standards of the Vietnam Report Joint Stock Company (Vietnam Report) and has been published annually since 2018.

Viettel Group's headquarters

The evaluation of the companies is based on their financial capacity and reputation using the Media Coding method and feedback from relevant parties.

With more than 40,000 employees, Viettel was the enterprise with the best business performance in the industry in 2021. The group reached VND 274 trillion (up 3.3%) in revenue, of which its profit was around VND 40.1 trillion. Last year, Viettel contributed nearly VND 32 trillion to the state budget.

At present, Viettel is also the firm with the largest digital infrastructure in Vietnam, including 175,000 kilometers of fiber optic cable, 67,000 2G, 3G, 4G transceiver stations, and five world standard data centers, among others.

At the beginning of 2022, Viettel was valued at 8.758 billion USD, jumping 99 places to the 227th in the 2022 list of the global 250 most valuable brands released by the brand valuation consultancy Brand Finance.

According to Vietnam Report, in 2021, Vietnam had 64,000 digital technology enterprises, up 9.5% from a year earlier. In the first five months of 2022, the revenue hit 57 billion USD, a year-on-year rise of 8.5%.

Translated by Quynh Oanh