VIETNAM POSTS AND TELECOMMUNICATIONS GROUP

VIETNAM POSTS AND TELECOMMUNICATIONS GROUP (TẬP ĐOÀN BƯU CHÍNH VIỄN THÔNG VIỆT NAM), commonly known as VNPT, is one of Vietnam’s largest state-owned enterprises specializing in telecommunications, internet services, and digital transformation solutions. The company was officially registered on August 17, 2010, under Business ID 0100684378, and operates under a one-member limited liability company legal structure. VNPT is fully owned by the Commission for the Management of State Capital at Enterprises (CMSC), a government agency overseeing state-owned corporations.

Company Overview and Key Personnel

VIETNAM POSTS AND TELECOMMUNICATIONS GROUP is headquartered at No. 57, Huynh Thuc Khang Street, Lang Ha Ward, Dong Da District, Ha Noi City, Vietnam. The group has a nationwide presence, with branches in Hai Phong, Da Nang, and additional locations in Hanoi.

The leadership team includes:

• Mr. To Dung Thai – Chairman
• Mr. Huynh Quang Liem – General Director
• Mr. Nguyen Nam Long – Deputy General Director
  VNPT employs approximately 23,000 people, making it one of the largest employers in Vietnam’s telecom industry.

Financial Performance and Growth

As of December 31, 2023, VIETNAM POSTS AND TELECOMMUNICATIONS GROUP reported:

• Total Assets: USD 4.31 billion (up 2.78% YoY)
• Total Sales: USD 2.1 billion (down 1.41% YoY)
• Net Profit: USD 147.24 million (declined by 33.79% YoY)
• Equity: USD 2.97 billion (up 0.84% YoY)
• Net Worth: USD 2.89 billion

Despite a decline in profit, VNPT remains a financially stable corporation with a strong asset base and substantial working capital of USD 1.7 billion. The charter capital stands at USD 2.97 billion, while the paid-up capital as of June 30, 2024, is USD 2.84 billion.

Core Business and Market Position

VIETNAM POSTS AND TELECOMMUNICATIONS GROUP provides a broad spectrum of services, including:

• Fixed and mobile telecommunications
• Broadband internet services
• Satellite communications
• Digital transformation solutions for governments, businesses, and consumers
• Manufacturing of communication equipment and electronics
• IT services, including software development, computer system management, and cybersecurity solutions
• E-commerce and cloud computing services

VNPT plays a pivotal role in Vietnam’s digital economy, serving millions of customers nationwide. It competes with other major telecom providers such as Viettel and Mobifone, leveraging its vast infrastructure, government backing, and commitment to technological

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