VN’s Viettel recognised as ‘most influencial’ in Asia

VIETNAM’S military-run telecom giant Viettel has been recognised as Asia’s “Most Influential Company” at Asia Corporate Excellence & Sustainability Awards (ACES), the only company in Vietnam to receive the award.

ACES is the award for sustainable and pioneering businesses in Asia that influence people and international relationships. Businesses are selected based on growth, manpower, creativity and brand influence in Asia and commitment to sustainability goals.

Viettel has implemented many digital transformation projects in many countries, including five countries in Asia. In all these countries, Viettel focuses on developing e-government, smart city, digital transformation for health, education and transportation.

Viettel has brought five Asian countries including Vietnam, Cambodia, Laos, East Timor and Myanmar to the list of countries with great progress and pioneering in telecommunications and information technology in the world.

It operates in Cambodia through its subsidiary Viettel (Cambodia) Pte Ltd under the brand name Metfone.

In the second quarter of this year, Viettel’s data revenue in overseas markets reached $500,000, equivalent to 106.2 per cent of the plan.

E-wallet revenue reached $6 million, 127 per cent of the plan. The number of e-wallet subscribers reached 154 per cent of the set target, accounting for eight per cent of its total subscribers.

In Vietnam, the Viettelpay digital payment ecosystem has been expanding with 300 partners in 15 service industries.

Average monthly cash flow is 50 trillion dong ($2.2 billion) with 40 million transactions last year which is ready for providing mobile money service.