The military-run telecommunications group Viettel aims to become one ofthe world’s top 10 telecom companies by 2020 with a presence in 30-35countries, the firm’s executives told Prime Minister Nguyen Tan Dung at aworking session on March 11.
Viettel currently hasthe second largest revenue among nearly 500,000 businesses in Vietnamwith 197 trillion VND (9.38 billion USD) in 2014, a 20 percent annualincrease. The earnings accounted for more than 10 percent of State-ownedenterprises’ total figure.
Last year, it posted apre-tax profit of 42 trillion VND (2 billion USD), an annual rise of 15percent and representing 23 percent of the profit made by firms owned bythe State.
Its tax payments exceeded 15 trillionVND (714.28 million USD), climbing 10 percent from the previous year andboosting Viettel to be the largest tax contributor in Vietnam.
The group is now employing roughly 90,000 people, including 75,000 in Vietnam and 15,000 abroad.
It has thus far invested in nine countries, namely Laos, Cambodia,Timor-Leste, Haiti, Peru, Mozambique, Cameroon, Tanzania, and Burundi.Viettel’s overseas revenue grew 25 percent to 1.2 billion USD in 2014with a pre-tax profit of 156 million USD, up 32 percent.
The firm owns three telecom equipment and electronic device researchinstitutes, two software companies, and two factories.
At the working session, Viettel executives highlighted their resolveto see surges of 20 percent in revenue and 15 percent in profit thisyear.
In addition to telecommunications and overseasinvestments, it is developing high-tech device research and productionactivities, the firm’s leaders said.
Speaking highlyof the accomplishments, PM Nguyen Tan Dung asked Viettel to maintainits impressive progress and step up science-technology research andapplication to elevate the company to a leading group in the region.
He also pledged optimal conditions for the company to develop and realise its assigned targets.-VNA
Viettel currently hasthe second largest revenue among nearly 500,000 businesses in Vietnamwith 197 trillion VND (9.38 billion USD) in 2014, a 20 percent annualincrease. The earnings accounted for more than 10 percent of State-ownedenterprises’ total figure.
Last year, it posted apre-tax profit of 42 trillion VND (2 billion USD), an annual rise of 15percent and representing 23 percent of the profit made by firms owned bythe State.
Its tax payments exceeded 15 trillionVND (714.28 million USD), climbing 10 percent from the previous year andboosting Viettel to be the largest tax contributor in Vietnam.
The group is now employing roughly 90,000 people, including 75,000 in Vietnam and 15,000 abroad.
It has thus far invested in nine countries, namely Laos, Cambodia,Timor-Leste, Haiti, Peru, Mozambique, Cameroon, Tanzania, and Burundi.Viettel’s overseas revenue grew 25 percent to 1.2 billion USD in 2014with a pre-tax profit of 156 million USD, up 32 percent.
The firm owns three telecom equipment and electronic device researchinstitutes, two software companies, and two factories.
At the working session, Viettel executives highlighted their resolveto see surges of 20 percent in revenue and 15 percent in profit thisyear.
In addition to telecommunications and overseasinvestments, it is developing high-tech device research and productionactivities, the firm’s leaders said.
Speaking highlyof the accomplishments, PM Nguyen Tan Dung asked Viettel to maintainits impressive progress and step up science-technology research andapplication to elevate the company to a leading group in the region.
He also pledged optimal conditions for the company to develop and realise its assigned targets.-VNA
