Viettel reports 12.8 percent revenue growth in February
Viettel Group has reported that its revenue in February surged by 12.8 percent year-on-year, breaking its target for the month by 2 percent despite the impacts of the COVID-19 epidemic.
Hanoi (VNA) – Viettel Group has reportedthat its revenue in February surged by 12.8percent year-on-year, breaking its target for the month by 2 percent despitethe impacts of the COVID-19 epidemic.
The firm’s business units involved in digital transformation products havegrown significantly.
Revenue at the Viettel Business Solutions Corporation (VBSC) and the ViettelDigital Services Corporation surged by 111 percent and 107 percent,respectively.
The domestic telecommunications service sector recorded ayear-on-year increase of 8.6 percent, whilst the internationaltelecommunications service sector saw a surge of 21.5 percent.
To maintain this momentum will not be an easy task for Viettel given the complicateddevelopments of the disease. Some units have adjusted their business plans.
Viettel Post plans to add capital to solve the impacts caused by COVID-19 on itsdelivery services. Meanwhile, VBSC will promote other activities to compensatefor the roaming service’s decreased revenue.
Viettel has boosted retail sales to make up for the loss of its import-exportrevenue.
The group is also supporting the Government, ministries and customers in thefight against the epidemic by offering free online teaching and learningservices on ViettelStudy system; and building an application that allows theGovernment and the Ministry of Health to manage medical declarations atinternational airports, border gates and seaports.
Viettel Post is ensuring deliveries of goods to quarantine areas throughout thecountry. Meanwhile, the Threat Intelligence system of the ViettelCyber Security has detected and alerted customers to two big attacksrelated to the COVID-19 epidemic./.
The Viettel Military Industry and Telecoms Group (Viettel) on May 24 established Viettel High Technology Industries Corporation (VHT), its seventh subsidiary.
The Viettel Military Industry and Telecoms Group (Viettel) on June 26 officially launched the Viettel Digital Services Corporation (VDS), its 8th subsidiary company.
Viettel Group posted consolidated profit of 21.3 trillion VND (915 million USD) in the first half of the year, representing a 10.2 percent year-on-year increase and surpassing 24.7 percent of set targets.
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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.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Illustrative image (Photo: internet) 
