The military-run telecommunication group Viettel posed revenue of over 264 trillion VND (11.48 billion USD) in 2020, up 4.4 percent against the previous year and exceeding its yearly plan by 2.4 percent.
The military-run telecommunication group Viettel earns revenue of over 264 trillion VND (11.48 billion USD) in 2020. (Source: VNA)
Hanoi, January 14 (VNA) – The military-run telecommunication group Viettelposed revenue of over 264 trillion VND (11.48 billion USD) in 2020, up 4.4 percentagainst the previous year and exceeding its yearly plan by 2.4 percent.
Its pre-tax profit reached 39.8 trillion VND, a year-on-year rise of 4.1percent, fulfilling 103.9 percent of the yearly plan.
In the telecommunication field, 10 investment markets of Viettel abroad sawsignificant growths in revenue and profit, sending home nearly 333 million USD.
In the domestic market, the group’s mobile service still led the market with ashare of 54.2 percent.
Viettel also piloted the provision of 5G services in the country.
These outcomes made the group the number one brand in Southeast Asia last yearand the ninth in Asia with a valuation of 5.8 billion USD, according to a BrandFinance report./.
Military-run telecom giant Viettel plans to divest an 11 percent stake in its affiliate Viettel Construction Joint Stock Corporation (CTR) via a public auction at the Hanoi Stock Exchange on December 7.
Viettel Telecom, a subsidiary of the Military Industry and Telecoms Group, took the lead among four mobile service providers in Vietnam in terms of mobile service in September, according to the Department of Telecommunications under the Ministry of Information and Communications.
The Viettel Cyber Security Company (VSC), a subsidiary of the Viettel Military Industry and Telecoms Group (Viettel), has become a member of the Anti-Phishing Working Group (APWG).
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
The military-run telecommunication group Viettel earns revenue of over 264 trillion VND (11.48 billion USD) in 2020. (Source: VNA) 
