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Vietnam's telecom giant becomes 2nd largest brand in SE Asia

By:Xinhua   Update:2017-03-10
Vietnam's military-run telecommunication group Viettel ranks second among the Southeast Asia's 20 biggest telecommunication brands, according to the latest statement by consultancy firm Brand Finance.
Viettel has moved up five steps from the seventh in 2016 to the second in 2017, with brand value of 2.686 billion U.S. dollars, only after Telkom Indonesia in the Southeast Asian region, local Bao Dau Tu (Vietnam Investment Review) online newspaper on Friday.
Viettel also ranks 49th worldwide, but ranks first in Vietnam this year, said the firm, adding that inside the country, Viettel is followed by the state-run giants VinaPhone and MobiFone, whose brands value are 1.040 billion U.S. dollars and 391 million U.S. dollars, respectively.
Viettel is currently the country's biggest network service provider with over 60 million subscribers.

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