Bitel telecommunication service provider, the Peru branch of Vietnam’s military-run telecom group Viettel, will invest an additional 250 million USD to increase its subscribers to 2.5 million people.
Bitel telecommunication service provider, the Peru branch of Vietnam’s military-run telecom group Viettel, will invest an additional 250 million USD to increase its subscribers to 2.5 million people.
At a press conference on the occasion of Bitel’s one year anniversary, Bitel General Director Hoang Quoc Quyen said since 2011 the enterprise has built 17,000 kilometres of cable in Peru, the largest cable network in this South American country.
Bitel expects to count its one millionth mobile subscriber by the end of this month and aims to have 2.5 million users in 2016, Bitel Communication and Advertising Manager Rafael Torres said, highlighting that it will mean Bitel will become the dominant mobile network in Peru.
The company is now ready to provide fixed wireless phones and internet services for organisations and enterprises as well as free internet access for nearly 4,500 schools, medical stations and other public places in Peru.
On October 15, Viettel launched its telecom services under the brand name Halotel in Tanzania.
Viettel is currently operating in 10 countries in Asia, the Americas and Africa with the total population of over 260 million, of whom 75 million have become Viettel’s customers.
In 2014, the group grossed nea♛rly 10 billion USD in revenue, 1.2 billion USD of which were from abroad.-VNA
Vietnam was the second largest mobile phone exporter to Peru in 2014, according to the Centre for Foreign Commerce (CCEX) under the Lima Chamber of Commerce.
Viettel Tanzania has helped Tanzania Investment Centre (TIC) win the award for the Best Investment Project 2014 in East, Central and West Africa Region, held in Dubai.
The telecommunications and information technology sectors have been the leading corporate taxpayers on a list of 1,000 leading corporations, accounting for 18 percent of total tax payments this year.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
tIllustrative image (Source: karlosperu.bligoo.pe)
