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Viettel is in step with Vietcombank plan

Vietcombank and Viettel have launched Mobile BankPlus, which enables Viettel’s mobile subscribers to bank with Vietcombank via mobile devices since January. Specifically, Viettel’s customers can transfer money from one account to another within Vietcombank, top up or pay your phone bills and view their Vietcombank account balance and transaction details. Customers can manage and use [...]

VNPT estimates to gain 120.8tr dong revenue in 2011

A report from the Vietnamese Ministry of Information and Communications showed that in 2011, Vietnam Post and Telecommunication Group (VNPT)’s total revenue is estimated at 120.8 trillion dong, up 18 percent from 2010. Earlier, according to local newswire ICT News, in 2011, VNPT targeted initial revenue of 120 trillion dong and then adjusted up to [...]

EVN Telecom gains 2.43tr dong revenue in 2011

Electricity of Vietnam (EVN)’s recently said that EVN Telecommunication Co. (EVN Telecom)’s revenue in 2011 was estimated at nearly 2.43 trillion dong, or 62.7 percent of the year’s plan. Of which, revenue from CDMA was estimated at 62 percent of the year’s target, revenue from E-Net service was estimated at 43 percent of the year’s [...]

Viettel earns nearly $1b profit in 2011, targets over 20 pct rise in revenue and profit in 2012

Military-run telecom group Viettel set a target growth rate from 20 to 25% in terms of revenue and profit in 2012, Nguyen Manh Hung, deputy director of Viettel said at the conference summarizing the achievements in 2011 and deploying missions of the telecommunications industry in 2012. Hung said that Viettel’s revenues for 2011 grew 28% [...]

Vietnam enjoys a trade surplus of nearly $4b from telephone and components

2011 was a successful year of telephone and component production sector because for the first time, Vietnam has reached an export turnover of over $6.4 billion from telephone and spare parts as of December 15, 2011. The average growth rate in months of years reached over 200% from the same period of previous year, even [...]

EVN telecom in clutter while waiting to be handed over to Viettel

EVN Telecom’s clients say they have not been served well these days, since EVN Telecom prepares to be transferred to Viettel and it needs to get adapted to the “new life.” EVN Telecom of the Electricity of Vietnam (EVN) has been officially handed over to the military telco Viettel since January 1, 2012, despite the [...]

HCM City cuts 7,000 mobile subscribers

Telecom operators including Viettel, Mobifone and Vinaphone on December 27 were punished with 30 million dong each because of wrongdoings in admitting and registering prepaid mobile subscribers. Also, over 37,000 mobile subscribers were cut in receiving services due to declaration of wrong information. The decision was released by HCM City Department of Information and Communication. [...]

Vietnam telecommunication and IT industry sees qualitative changes in 2011

Vietnam’s telecommunication, information technology industry did not have many prominent events like previous years in 2011 but there were few big qualitative changes. Top events of the industry are hereafter: 1. EVN Telecom and the start of merger After the government’s decision of merging EVN Telecom and Viettel, some leaders and experts forecasted that Vietnam [...]

Vietnam Govt eyes telco mergers

The Vietnamese Government will strictly manage telecoms businesses and allow ailing and small-scale businesses in the sector to carry out mergers and acquisitions in line with the market economy. According to the Government, a draft plan to develop the national telecoms industry until 2020 aims to make the telecommunications sector more dynamic, in part by [...]

City orders 35,000 mobile subscribers cut off line

The Ho Chi Minh City Department of Information and Communications has ordered mobile operators to stop providing services to more than 35,000 prepaid cell phone subscribers who have ignored the requirement of registering their personal information on subscription. The penalties were levied after the department conducted inspection into seven services operators on their management over [...]

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  • OZ Minerals lifts gold output in Q4

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  • Credit Suisse lowered its 2012 silver price forecast to $32.80 per ounce
  • Silver prices recovered moderately at the bullion market today

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