British magazine: VNPT the best ICT service provider in Vietnam

January 31, 2018 | 09:14 am GMT+7

The State-owned telecom giant Vietnam Posts and Telecommunications Group (VNPT) has been honoured with two prestigious awards by the British finance magazine IFM.




VNPT has been honoured as the Best broadband provider of the year in Vietnam in 2017 by the British International Finance Magazine.

Accordingly, the IFM has recognised VNPT as the “Best broadband provider of the year” and “Best ICT service provider of the year” in Vietnam in 2017, with the awards ceremony having recently taken place in Singapore.
IFM's awards are based on the assessment of business performance and business strategy by VNPT, utilising indicators related to market expansion, service quality, growth, innovation and contribution to society.
2017 marked a successful year for VNPT, as it was the company’s the 4th consecutive year with profit growth of over 20%. The VNPT brand was ranked No. 3 in the top 10 most valuable brands in Vietnam in 2017 according to the business valuation consultancy Brand Finance. It was also the third consecutive year that VNPT led the FTTH internet cable market with a market share of nearly 50%.
In addition, last year VNPT also achieved positive results in implementing the e-government. The group has become a strategic partner in ICT with 52 out of all of the 63 provinces and cities across the nation. It has also introduced and deployed smart city models in 17 localities.
Furthermore, VNPT has also invested in infrastructure in order to improve its network quality and increase BTS station coverage. In 2017, it deployed 20,000 additional mobile stations for 2G, 3G and 4G, bringing the total number of stations across the network to 75,000 nationwide. In addition, its international Internet bandwidth increased by 83% compared to 2016.
Best ICT service provider of the year - Vietnam 2017 has been also granted to VNPT by the International Finance Magazine.