Military-run telco Viettel inaugurates biggest data center in Vietnam

Military-run telco Viettel inaugurates biggest data center in Vietnam

Military-owned telecom firm Viettel has inaugurated a 30-MW data center in Hoa Lac Hi-tech Park on the outskirts of Hanoi, the largest of its kind in Vietnam.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam short of data centers despite investment rush

Vietnam short of data centers despite investment rush

An investment rush by major Vietnamese firms including telecom giant VNPT and tech giant FPT has not been able to meet the demand for data centers in the country, market observers say.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam SeABank to sell 100% stake of finance unit to Japan's Aeon arm

Vietnam SeABank to sell 100% stake of finance unit to Japan's Aeon arm

Private lender SeABank has signed an agreement to transfer its entire stake at Post and Telecommunication Finance Company Limited (PTF) to AEON Financial Service Co., Ltd., the financial arm of Japanese retailer Aeon Group.

Banking & Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam gov’t agencies, US semiconductor firms sign cooperation deals

Vietnam gov’t agencies, US semiconductor firms sign cooperation deals

Three cooperation deals were signed between Vietnamese government agencies and U.S. semiconductor businesses in Washington, D.C. on Tuesday (local time), as Prime Minister Pham Minh Chinh is on a week-long visit to the U.S.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Major Vietnam, US tech firms sign deals

Major Vietnam, US tech firms sign deals

Major tech firms from Vietnam and the U.S., including VNPT, Mobifone, and Rikkeisoft from Vietnam, and Synopsys, Qualcomm, and Nvidia from the U.S., along with government agencies have agreed to commence or boost their cooperation.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam PM calls for US hi-tech investment, sees deals sealed

Vietnam PM calls for US hi-tech investment, sees deals sealed

Vietnamese Prime Minister Pham Minh Chinh has once again called on American companies to invest in Vietnam with a focus on high technology in order to realize the U.S. commitment to a strong, independent, resilient and prosperous Vietnam.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Telecom giant VNPT reports $93 mln profit in 6 months

Telecom giant VNPT reports $93 mln profit in 6 months

Vietnam's state-owned telecom group VNPT reported consolidated revenue of VND26.32 trillion ($1.11 billion) in the first half of this year, and pre-tax profit of VND2.2 trillion ($92.88 million), reaching 47.1% and 49.7% of its year targets, respectively.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Data centers set to soar as Vietnam digital economy takes big strides

Data centers set to soar as Vietnam digital economy takes big strides

The number of data centers (DCs) is set to rise exponentially in Vietnam as both domestic and foreign companies look to boost capacity and meet rising demand, a new report says.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Telecom giant VNPT reports $230 mln profit in 2022

Telecom giant VNPT reports $230 mln profit in 2022

State-owned telecom group VNPT has reported an after-tax profit of VND5.41 trillion ($229.5 million) in 2022, up 6.8% year-on-year.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Nokia, VNPT team up to deploy first 10G broadband in Vietnam

Nokia, VNPT team up to deploy first 10G broadband in Vietnam

Nokia and VNPT will conduct the first deployment of 10G fiber broadband in Vietnam, providing connections to 10,000 homes and businesses in the eight biggest localities of the Southeast Asian nation, the Finnish tech giant announced on Tuesday.

Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7

Telecom giant VNPT posts $280 mln profit this year

Telecom giant VNPT posts $280 mln profit this year

The state-owned telecom group VNPT has reported an after-tax profit of VND6,629 billion ($280 million) in 2022, exxeeding its year plan by 4.6%.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Viettel leads pack as top 3 Vietnam brands valued at $14.5 bln

Viettel leads pack as top 3 Vietnam brands valued at $14.5 bln

Telecom giant Viettel is Vietnam’s most valuable brand at $8.8 billion, followed by VNPT ($2.9 billion) and dairy firm Vinamilk ($2.8 billion), according to brand valuation consultants Brand Finance.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam willing to facilitate Qualcomm chip making: deputy minister

Vietnam willing to facilitate Qualcomm chip making: deputy minister

Vietnam's willing to create best conditions for U.S. wireless technology giant Qualcomm to build chip research, development and testing facilities in the country, said Deputy Minister of Information and Communications Pham Duc Long.

Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7

Telecom giant Viettel leads Vietnam’s top 10 tech firms

Telecom giant Viettel leads Vietnam’s top 10 tech firms

Military-run group Viettel ranks first in the list of top 10 Vietnamese IT and tech companies in 2022 compiled by rating firm Vietnam Report.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Telecom giant VNPT profit drops 12% in 2021

Telecom giant VNPT profit drops 12% in 2021

The state-owned Vietnam Posts and Telecommunications Group (VNPT) reported a profit after tax of VND5,055 billion ($218 million) in 2021, down 11.6% from 2020.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7