The list was selected by Brand Finance, the world's leading independent brand valuation and strategy consultancy.
This is the first time the Vietnamese telecom brand ranked in the list.
Therefore, brand valuation of Viettel increased by 35.8 percent, equal to over US$ 1 billion in comparison to last year.
Telecommunications, technology, automobile, oil and gas ... with great brand names like Amazon, Apple, Google, Samsung, Mercedes-Benz, Shell, Telstra, etc were ranked in top 500 most valuable brands.
Eight among 500 ASEAN enterprises operating in the fields of telecommunications, oil & gas, banking, etc were in the list.
Brand valuation is understood as the economic benefits of enterprises.
Earlier, Brand Finance announced top 50 most valuable brands in Vietnam in 2018; and Viettel continued being ranked the first with its valuation of US$ 3,178 billion, an increase of 23.7 percent over 2017.