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Viettel strives to become global telecom group

post 22.07.2015 of Press Release

The military-run telecom Viettel is striving to become a global telecom group in civil and military fields by 2020.

Director of the group Nguyen Manh Hung said Viettel is the second largest revenue earner among nearly 500,000 Vietnamese enterprises and is running investment in nine outbound markets with a total population of 175 million.

Last year, Viettel grossed 197 trillion VND (9.03 billion USD) in revenue representing a yearly rise of 20 percent, Hung reported at a working session with Politburo member and permanent member of the Party Central Committee’s Secretariat Le Hong Anh in Hanoi on July 20.

Politburo member Anh said Viettel has become the biggest telecom group in Vietnam after 15 years of development and is expanding its operation in foreign markets.

The group has actively participated in social welfare activities to improve local living standards, especially in far-flung areas, he noted.

He urged Viettel to focus its financial resources on building itself into a strong group in the defence industry and economics.

Earlier, the Politburo member visited staff of the Viettel Research and Development Institute and those working at the group’s building in the Hoa Lac hi-tech park.

He was informed on the application of advanced technology in banking, energy conservation, health exams at home, online education and new-generation television services.

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