Viettel Global (UPCoM: VGI) reported a net profit of over 1.2 trillion VND (47.5 million USD) for the second quarter of 2024, with net revenue increasing by 27%.
Vietnam’s overseas investment totalled 570.1 million USD in the first seven months of 2021, a 2.3-fold increase from the same period last year, data from the Ministry of Industry and Trade’s Foreign Investment Agency (FIA) showed, reflecting Vietnamese firms’ efforts to expand foreign markets.
The cash flow remittance of Viettel Global – a member corporation of Viettel Group, to Vietnam in the third quarter of the year reached a record level of 86.5 million USD, up 56 percent from the same period last year.
Viettel Global, a foreign investment unit of telecoms giant Viettel, posted a before-tax profit of 1.17 trillion VND (50.7 million USD in the first half of this year, equivalent to the same period last year.
Viettel Global Investment JSC posted more than 2.15 trillion VND (over 93 million USD) in pre-tax profit in 2019, surging 2.3 trillion VND from the loss of 150 billion VND in the previous year.
Bitel, a subsidiary of the Viettel Military Industry and Telecomes Group in Peru, reported that its total revenue reached 274.2 million USD and profit before tax of 24.5 million USD in the first nine months of this year.
Viettel Global Investment JSC, a subsidiary of Viettel Military Industry and Telecoms Group, reported revenue of 4,428 billion VND (188.6 million USD) and profit of 1,342 billion (57.1 million USD) in the third quarter of 2018, increases of 5 and 8 percent year-on-year.
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 telecommunication company Star Telecom (Unitel), a joint venture between Lao Asia Telecom and Viettel Global, received the Labour Order and a certificate of merit from the Lao State on the occasion of its 10th founding anniversary (April 1, 2008) in Vientiane on May 29.
A joint venture between Viettel Global, Myanmar National Telecom Holding Public Limited and Star High Public Company Limited has officially received a licence to begin operation in Myanmar.
Viettel Global, a subsidiary of the military-run telecommunication group Viettel, aims to develop one or two new markets and attract 8.35 million new customers in 2016.