Viettel’s subsidiary - a success model in Vietnam-Laos economic cooperation
Star Telecom (Unitel), a joint venture between the Military Industry and Telecoms Group (Viettel) of Vietnam and Lao Asia Telecom, has become an outstanding model for the economic cooperation between Vietnam and Laos after 15 years of operation in Laos.
Delegates at the launch of 5G services provided by Unitel in Laos. (Photo: VNA)
Vientiane (VNA) – Star Telecom (Unitel), a joint venture between the Military Industry and Telecoms Group (Viettel) of Vietnam and Lao Asia Telecom, has become an outstanding model for the economic cooperation between Vietnam and Laos after 15 years of operation in Laos.
Now, Unitel is the largest telecoms enterprise in Laos in terms of subscribers, revenue and network infrastructure, as well as one of the largest tax payers and budget contributors.
Unitel has built more than 9,000 base transceiver stations (BTS) including 5,000 4G stations and 42,000 km of fiber optic cables in Laos. Its network covers 94% of the whole territory of Laos, providing a 4G coverage of 83%, making Laos one of the countries with the best telecommunications infrastructure in Southeast Asia.
The company celebrated its 15th anniversary with an event on November 19 in Vientiane, Laos.
On this occasion, Lao Deputy Prime Minister and Minister of National Defence Chansamone Chanyalath presented Unitel with the first-class Labour Order conferred by the Lao President.
Vietnamese Minister of National Defence Phan Van Giang also presented to the firm the second-class Labour Order conferred by the State President of Vietnam
With⛦in the framework of the celebration, Unitel launched its 5G services, which marked a major turning point in the company's journey of pioneering technology and digital transformation in Laos. Laos is the third market where Viettel has commercialise 5G in 2024./.
Star Telecom (Unitel), a joint venture between Viettel Global and Lao Asia Telecom in Laos, presented an aid package worth over 48,000 USD to Lao – Vietnam Nguyen Du Bilingual School in Vientiane on August 18.
Star Telecom (Unitel), a joint venture between Vietnam’s Viettel Global JSC and Laos Asia Telecom, was honoured with two prizes including “Innovation in Public Administration Services” and “Innovation in Consumer Products and Services” at the 2020 Asia Pacific Stevie Awards.
Star Telecom (Unitel), a joint venture between Vietnam’s Viettel Global JSC and Laos Asia Telecom, sets to provide high-speed Internet access to 80 percent of the Lao population by 2020, according to Unitel General Director Cao Anh Son.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
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.
