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Viettel Group
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Viettel Group

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Also known as VIETTEL GROUP (Ha Noi), Military Industry and Telecoms Group, Viettel

Viettel Military Industry and Telecoms Group (DBA Viettel Group; ) is a Vietnamese state-owned multinational telecommunications, technology and manufacturing conglomerate headquartered in Hanoi, Vietnam. The enterprise is under the direct administration of the Vietnam Ministry of National Defence, making it a military enterprise and officially a major production unit under the Vietnam People's Army.

Key facts

Company.name
Military Industry and Telecoms Group
Company.logo_caption
Commercial logo
Company.image
Flag of Viettel.svg
Company.logo
Viettel Group en logo.svg
Company.image_alt
Flag of Vietnam, with "Determined to Win" and "the Army Industry - Telecommunications Group" defaced on upper left corner and bottom respectively
Company.image_caption
Military flag of Viettel as a unit under the Vietnam People's Army
Company.trading_name
ViettelViettel Group
Company.native_name
Tập đoàn Công nghiệp - Viễn thông Quân đội
Company.native_name_lang
vi
Company.former_name
Electronics and Information Equipment Corporation (Sigelco) – 1989 Military Electronics and Telecommunications Company (Vietel) – 1995
Company.type
One-member limited liability State-owned enterprise
Company.industry
TelecommunicationsDefenceSemiconductor
Company.key_people
Maj. Gen. Tào Đức Thắng
Company.brands
Go to section
Company.revenue
billion
Company.revenue_year
2023
Company.operating_income
billion
Company.income_year
2023

via Wikipedia infobox

~21 min read

Encyclopedic overview

19 sections
Contents
  • History
  • 1989–1999: A construction company
  • 2000–2009: A boom in telecommunications services market
  • 2010–2018: A global technology group
  • 2018–present: Digital service provider
  • Member Companies
  • Operations
  • Vietnam
  • International
  • Corporate affairs
  • Business scope
  • Revenue and profit
  • Headquarters
  • Controversies
  • Mytel
  • Smuggling of US military equipment
  • See also
  • References
  • External links

Viettel Military Industry and Telecoms Group (DBA Viettel Group; ) is a Vietnamese state-owned multinational telecommunications, technology and manufacturing conglomerate headquartered in Hanoi, Vietnam. The enterprise is under the direct administration of the Vietnam Ministry of National Defence, making it a military enterprise and officially a major production unit under the Vietnam People's Army.

Viettel Group's affiliate Viettel Telecom is currently the network operator with the largest market share in the Vietnamese telecommunications services market. For 30 years, Viettel has grown from a construction company to a complex of five business lines including telecommunications and information technology (IT); research and manufacture of electronic and telecommunications equipment; defense industry, as well as cyber security and digital services. Viettel is one of the largest state-owned enterprises of Vietnam. Since 2000, Viettel has earned VND 1.78 quadrillion of revenue whereas its profit, owner's equity and return on equity reached VND 334 trillion, VND 134 trillion and 30%-40%, respectively. Viettel has spent VND 3,500 billion in CSR activities. Besides its civilian telecommunications sector, its subsidiaries Viettel High Tech and Viettel Aerospace Institute have been involved in developing, producing and supplying the Vietnam People's Army with many indigenous products and armaments such as military communication devices, military drones, surveillance radars, and missiles.

Excerpted from Wikipedia’s “Viettel Group” article, available under the CC BY-SA 4.0 licence.

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