No. 31-33, Dinh Cong Trang Street, Tan Dinh Ward, District 1, Ho Chi Minh City, Vietnam
84-28 / 1900 1878
2020, 2021, 2022, 2023, 2024
Saigontourist Cable TV Company Limited, widely known as SCTV, is one of Vietnam’s largest multi service pay television and telecommunications enterprises. Founded in 2010, the company operates an expansive network infrastructure that delivers cable TV, fiber internet, and digital content services to millions of households nationwide. With a workforce of 4,000 employees, SCTV maintains broad operational coverage supported by technical hubs and regional branches in Binh Duong, Kon Tum, and Dong Thap.
The company’s business model integrates television broadcasting, wired telecommunications, film content production, equipment distribution, and technical installation services. SCTV also engages in related services such as advertising, event organization, engineering consultancy, and real estate activities. A noteworthy aspect of SCTV's development is its dual foundation under two major Vietnamese state affiliated groups, giving it a uniquely strong position in both content distribution and network infrastructure.
Leadership and Shareholders
The company is led by Tran V. U., General Director, who oversees strategic planning, nationwide network operations, and content distribution activities. Supporting him is Vu D. Y. H., Deputy General Director, responsible for operational coordination across the company’s technical and commercial units. Luong Q. H., Deputy General Director, manages regional expansion and system maintenance.
SCTV has a two shareholder structure composed entirely of major Vietnamese state affiliated organizations, each owning an equal stake. Vietnam Television (VTV) holds 50 percent ownership, providing strong institutional backing and integration with national broadcast resources. Saigontourist Group owns the remaining 50 percent, contributing extensive experience in service operations, media development, and corporate governance.
Financial Growth and Market Risks
In 2023, SCTV recorded revenue of approximately USD 79.02 million. Despite maintaining strong sales volume, profit declined significantly due to higher operating costs, shifts in viewer behavior, and intensified competition from digital streaming platforms. These challenges reflect structural pressures on traditional pay TV operators as consumer preferences move toward on demand viewing and online content.
The company also faces risks associated with ongoing infrastructure investment requirements, bandwidth expansion costs, and content licensing expenses. Understanding the company’s liquidity position, credit behavior, and long term financial resilience requires deeper analysis through the VNBIS Company Comprehensive Report, which provides full financial statements, credit scoring, and risk diagnostics.
Business Intelligence and Risk Outlook
Vietnam’s media and telecommunications industry continues to shift as digital platforms reshape consumer habits. SCTV retains a strong position due to its large subscriber base, extensive fiber network, and long standing brand visibility. Short term viability will depend on its ability to balance content investment with improved service bundles, while long term competitiveness will require innovation in digital services, streaming content, and home connectivity solutions.
SCTV’s unique shareholder structure and nationwide coverage provide strategic advantages that many private operators cannot replicate. For investors, suppliers, and partners evaluating the company’s operational strengths and risk exposure, a deeper assessment through VNBIS reporting delivers a more comprehensive view of long term opportunities and challenges.
VNBIS Support and Business Services
Vanguard Business Information LLC (VNBIS) provides professional intelligence services to support investors, suppliers, and financial institutions evaluating Saigontourist Cable TV Company Limited.
VNBIS services include:
Company Credit Reports assessing solvency, liquidity, and financial health
Risk Management Solutions analyzing exposure to market competition, technological shifts, and profitability trends in the telecommunications sector
Business Verification and Due Diligence Reports confirming ownership structure, compliance, and governance practices
Through these services, VNBIS enables clients to make informed, transparent, and data driven business decisions.
Legal Profile
SAIGONTOURIST CABLE TV COMPANY LIMITED
CÔNG TY TNHH TRUYỀN HÌNH CÁP SAIGONTOURIST
SCTV CO., LTD
0301463315
09 Apr 2010
Ho Chi Minh Department of Planning and Investment
Privately held
Active
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