Viettel Group (Vietnam)

Viettel Group has operated for over 30 years in the post and telecommunication field. It has become the largest mobile network operator in Vietnam. The subject has deployed telecom infrastructure in 10 countries in Asia, Africa, and America.Currently, Viettel Group has become the 6th provider of 5G network devices in the world, after Ericsson, Nokia, Huawei, Samsung, and ZTE. It has built a large 4G telecommunications infrastructure covering 97% of Vietnam's population and has become a pioneer in 5G adoption in Vietnam. Viettel's 5G services are available in 16 cities and provinces in Vietnam to date. Viettel Group has developed full network elements including Devices, Radio Access Networks (RAN), Transmission Networks, and Core networks which are forming a strong foundation for the digital society.According to Brand Finance, the brand value of Viettel reached USD 8.758 trillion, moving up a total of 98 places to reach the 227th position in the 2022 list of the world's 500 most valuable brands.On January 12, Viettel announced its production and business results for 2023. Accordingly, Viettel continued to maintain its role as the industry's largest enterprise, achieving consolidated revenue of VND 172,500 billion, a growth of 5.4%. Of which, the telecommunications market share increased by 1.64% and continued to maintain a sustainable leading position with 56.5%. Non-mobile services also hold the No. 1 position, including fixed broadband (FTTH) with 43% market share; multi-platform television with 8.6 million customers, accounting for 31.2% market share. According to Umlaut (the world's leading telecommunications testing company), Viettel continues to be the network operator with the best service quality in Vietnam and is in the top 40 network operators with the best quality in the world. 5G service has been tested at nearly 500 stations in 63 provinces and cities. Viettel has also deployed its own 5G mobile network in practice.According to Major General Tao Duc Thang, Chairman and General Director of Viettel, in 2024, the group's goal is to continue improving the efficiency of foreign investment; Maintaining the No. 1 position in data center and cloud market share; officially announced the 5G equipment ecosystem produced by Viettel and promoted international business; develop green energy equipment products; providing comprehensive solutions for cross-border logistics and implementing the Vietnam - China intermodal rail transport route.