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Southeast Asia Joint Stock Commercial Bank purchases Post and Telecommunication Finance Company

The Post and Telecommunication Finance Company which has lost for many years was auctioned with a starting price of VND500 billion (roughly US$22 million) by VNPT on February 1.

VNPT sells loss-making financial company

Poor results have led to parent company VNPT’s decision to hold an auction for the Post and Telecommunication Finance Company limited (PTF) on February 1, 2018, with the starting price of VND500 billion (roughly US$22.05 million).

VNPT to sell 71.5 million Maritime Bank shares at US$0.52 each

Vietnam Posts and Telecommunications Group (VNPT) has registered to auction more than 71.5 million shares of Maritime Commercial Joint Stock Bank (Maritime Bank) in a single-batch sale on Hanoi Stock Exchange (HNX) by January 18, 2018.

Viettel achieved record profit of nearly US$1.7 billion in the first 11 months, far surpassing Mobifone

According to the representative of the Military Telecom Corporation (Viettel), the Corporation’s revenue in November reached more than VND20,367 billion (US$898 million) and the revenue accumulated to November was VND218,916 billion (US$9,65 billion).

Vietnam Posts and Telecommunications Group invests abroad to set up a JV in Myanmar

StreamNet Co., Ltd. which is the Joint-venture in Myanmar between Vietnam Posts and Telecommunications Group (VNPT) and Myanmar-based Elite Telecom Public Co., Ltd (Elite Telecom Public) was established to “boost VNPT’s international investment and business”.

How is VNPT dealing with fourth generation revolution of technology?

VNPT (Vietnam Posts and Telecommunications Group), previously known as a state-owned telecom and postal business entity has introduced several new technology solutions that they studied by themselves in preparation for the fourth generation revolution.

Stock indexes
1,193.01 -22.67 -1.86
Volume: 859,252,249 Value: 19,106 (Billions VNĐ)
226.2 -2.63 -1.15
Volume: 86,659,113 Value: 1,701 (Billions VNĐ)
88.15 -0.48 -0.54
Volume: 49,269,037 Value: 623 (Billions VNĐ)
1,210.74 -21.96 -1.78
Volume: 258,632,636 Value: 7,835 (Billions VNĐ)