Military-run telco Viettel becomes million-USD equipment supplier in Philippines 

By Thanh Thanh, Minh Hue
Thu, August 29, 2024 | 10:20 pm GMT+7

Viettel High Tech, a subsidiary of Vietnam's Viettel Military Industry and Telecoms Group, on Thursday signed a contract worth nearly $2 million with the Philippines's ContactPoint, Inc. to provide a firearm training simulation system to the Philippine National Police.

A Philippine police officer practises the firearm training simulation system supplied by Viettel. Photo courtesy of the company.

A Philippine police officer practises the firearm training simulation system supplied by Viettel. Photo courtesy of the company.

This is the second contract of Viettel in half a year in the Philippine market, marking a significant milestone for the Vietnamese firm in its journey to conquer the Southeast Asian nation's high-tech industry.

The first contract was inked in March this year under which Viettel committed to deploying customized shooting simulation systems tailored to the the Philippine National Police's specific demand.

At the event, Viettel handed over the system to representatives of ContactPoint and the Philippine National Police. The system has been enhanced with over 90% of its features being new, in line with the client's requirements.

Notably, Viettel has developed a recoil device in the simulation system that supports specific guns such as Glock, Taurus and M16 Rifle; and a new shooting training software module, helping improve the quality of training and combat preparation.

Radel Ramos, director of training at the Philippine National Police, stated that Viettel not only provides advanced technological solutions but also significantly helps the Philippine police improve their training capability in line with the country's practical conditions.

Cesar Jr. Manuel, CEO of ContactPoint, a leading technology company in the Philippines which specializes in providing solutions and equipment for government agencies and private clients, stated that the firm had searched extensively, but no company in the world can customize products to its exact requirements like Viettel.

The price offered by Viettel is extremely competitive compared to other providers, giving the Vietnamese company a significant competitive advantage in the international market, he added.

CEO of Viettel High Tech Nguyen Vu Ha said Viettel is committed to providing the most advanced and highest quality products in the Philippines and the international market, contributing to improving training quality and reducing training costs.

The success of the firearm training simulation system proves Viettel's technological ability, he added.

In recent years, Viettel has made great strides in researching and exporting high-tech products under the "Make in Vietnam" brand, affirming Vietnam's competitive edge in the international market and consolidating the stature of Viettel - Vietnam's global tech group.

Comments (0)
  • Read More
Vietnam tech giant FPT to provide high-quality AI human resources

Vietnam tech giant FPT to provide high-quality AI human resources

With the groundbreaking of an inter-level school on Sunday, FPT Corporation is completing its education system from elementary to university levels in the south-central province of Binh Dinh, to provide high-quality human resources, particularly in AI.

Companies - Mon, February 17, 2025 | 11:32 am GMT+7

Japan pneumatics firm SMC to start $330 mln Vietnam expansion from July

Japan pneumatics firm SMC to start $330 mln Vietnam expansion from July

SMC Manufacturing Vietnam, under Japanese pneumatic instrument producer SMC, aims to start its $330 million expansion in Vietnam from July.

Industries - Mon, February 17, 2025 | 10:47 am GMT+7

Institutional breakthroughs to provide solid foundation for heightened business confidence: economists

Institutional breakthroughs to provide solid foundation for heightened business confidence: economists

At a meeting of the National Assembly's Economic Committee in early February, the government proposed the 2025 GDP growth be "8% or more", instead of 6.5-7% set last November. The Investor introduces opinions of some leading Vietnamese economists on this proposed target.

Economy - Mon, February 17, 2025 | 8:02 am GMT+7

Vietnam consumer credit enters new growth cycle

Vietnam consumer credit enters new growth cycle

After the decrease in consumer capital demand, negative growth, and peaking bad debts in 2023, Vietnam’s consumer financial market is entering a new growth cycle, backed by positive signs from the macroeconomic environment.

Finance - Sun, February 16, 2025 | 3:19 pm GMT+7

Vietnam property investors seek new opportunities in provincial markets

Vietnam property investors seek new opportunities in provincial markets

Real estate investors in Vietnam, both individuals and organizations, are shifting their investments from city centers to suburban regions and neighboring provinces where land remains abundant and significant investments are being made in infrastructure, particularly in transportation.

Real Estate - Sun, February 16, 2025 | 2:00 pm GMT+7

Five Vietnam pilgrimage destinations perfect for spiritual seekers: Booking.com

Five Vietnam pilgrimage destinations perfect for spiritual seekers: Booking.com

Booking.com, the world's leading digital travel company, has suggested some destinations in Vietnam for those seeking spiritual enrichment and a chance for reflection and connection, including Ba Den mountain and Bai Dinh pagoda.

Travel - Sun, February 16, 2025 | 10:59 am GMT+7

Malaysia takes the lead in data center development

Malaysia takes the lead in data center development

Malaysia is making efforts to align with the global trend towards digitalization, which is driving demand for data centers, cloud computing, blockchain, and artificial intelligence (AI).

Southeast Asia - Sun, February 16, 2025 | 10:57 am GMT+7

WB sees Thai fiscal risks mounting due to spending surge

WB sees Thai fiscal risks mounting due to spending surge

Thailand’s pursuit of an expansionary fiscal policy strategy to propel growth faces the risk of rising costs for elderly care, investment and the need to keep public debt level to sustainable levels, according to the World Bank.

Southeast Asia - Sun, February 16, 2025 | 10:41 am GMT+7

Vietnam mining stocks rally amid global trade tension

Vietnam mining stocks rally amid global trade tension

Shares of Vietnam’s mining companies have rallied since early this month, fueled by heightened global trade tensions following the start of Donald Trump’s second term as the U.S. president.

Finance - Sun, February 16, 2025 | 10:36 am GMT+7

Online purchase below VND2 mln may be exempt from Vietnam import tax

Online purchase below VND2 mln may be exempt from Vietnam import tax

The Vietnamese Ministry of Finance has proposed exempting goods purchased through e-commerce platforms worth no more than VND2 million ($78) from import tariff, with an annual purchase limit of VND96 million ($3,781).

Finance - Sun, February 16, 2025 | 8:00 am GMT+7

Malaysia expected to remain magnet for FDI

Malaysia expected to remain magnet for FDI

Malaysia’s foreign direct investment (FDI) is expected to remain robust in the long term, but there could be repercussions in the short term as investors hold back on their investment decisions amid heightened global uncertainties.

Southeast Asia - Sat, February 15, 2025 | 9:01 pm GMT+7

Laos to build $1.9 bln wind power plant to export electricity to Vietnam

Laos to build $1.9 bln wind power plant to export electricity to Vietnam

The Lao Government and Chitchareune Construction - a Lao builder will jointly build the 1,200 MW Nong wind power plant, with an investment of $1.9 billion, to export electricity to Vietnam.

Energy - Sat, February 15, 2025 | 8:46 pm GMT+7

Malaysia needs more funding for semiconductor sector

Malaysia needs more funding for semiconductor sector

Malaysia needs more funding for the implementation of the National Semiconductor Strategy (NSS) to enhance its competitiveness with neighboring countries, said Penang Chief Minister Chow Kon Yeow.

Southeast Asia - Sat, February 15, 2025 | 4:31 pm GMT+7

Thailand considers easing rules on income from overseas

Thailand considers easing rules on income from overseas

Thailand’s government is considering easing personal income tax rules for individuals’ overseas income to encourage the remittance of those funds back into the country, said a senior official.

Southeast Asia - Sat, February 15, 2025 | 4:29 pm GMT+7

Nissan to close factory in Thailand

Nissan to close factory in Thailand

Japanese automaker Nissan has announced plans to close one of its two automobile factories in Thailand this year, following the collapse of merger talks with Honda.

Southeast Asia - Sat, February 15, 2025 | 4:10 pm GMT+7

Vietcombank leads Vietnamese banks in 2024 pre-tax profit

Vietcombank leads Vietnamese banks in 2024 pre-tax profit

Vietcombank reported a pre-tax profit of VND42.2 trillion ($1.66 billion) last year, ranking as the most profitable Vietnamese lender, according to the Vietnam Banking Association (VNBA).

Banking - Sat, February 15, 2025 | 4:04 pm GMT+7