VIETNAM POST

VIETNAM POST (TỔNG CÔNG TY BƯU ĐIỆN VIỆT NAM) is the largest state-owned postal service provider in Vietnam. Established on October 8, 2010, the company operates as a one-member limited liability company and is fully owned by the Ministry of Information and Communications of Vietnam. Registered under Business ID 0102595740, VIETNAM POST is headquartered at No. 5, Pham Hung Street, My Dinh 2 Ward, South Tu Liem District, Ha Noi City, Vietnam. With a vast workforce of 40,000 employees, the company plays a crucial role in Vietnam’s postal and logistics industry.

In 2023, VIETNAM POST reported total assets of USD 941.65 million, reflecting an 11.95% year-over-year increase. However, total sales dropped significantly by 40.99%, settling at USD 593.18 million. Despite this decline, the company’s profit rebounded by 36.3%, reaching USD 17.28 million, showcasing its ability to adapt to market challenges. The company’s net worth stands at USD 330.65 million, while its equity is valued at USD 346.21 million.

The leadership of VIETNAM POST includes Giang as Chairman, Chu as General Director, and Nguyen as Deputy General Director. Their combined expertise has allowed the company to navigate market shifts and expand service offerings.

As a national postal operator, VIETNAM POST provides domestic and international postal and delivery services. It also offers postal financial services, including life insurance, bill payment, e-ticketing, and banking agency services. Additionally, the company is engaged in freight transport, warehousing, property trading, management consultancy, and telecommunications-related activities.

VANGUARD BUSINESS INFORMATION LLC (VBI), a leading provider of business intelligence, financial analysis, and risk assessment, identifies VIETNAM POST as a strategic entity in Vietnam’s postal and logistics sector. Despite facing revenue challenges, its strong asset base, diversified services, and state-backed stability position it for continued growth and service expansion in the evolving market.