VIETNAMOBILE TELECOMMUNICATIONS JOINT STOCK COMPANY

Vietnamobile Telecommunications Joint Stock Company is a privately held wireless telecommunications operator and one of Vietnam’s established mobile service providers. Formed in 2016, the company delivers a range of mobile voice, data, messaging, and digital communication services. Headquartered in Ha Noi and supported by branches in Ho Chi Minh City and Da Nang, Vietnamobile operates with a workforce of 320 employees and serves millions of users nationwide.

The company’s service platform includes wireless communication systems, data hosting, web portals, technical testing, and a suite of value added digital services. A notable feature of Vietnamobile is its hybrid foreign and domestic ownership structure, which brings together local market knowledge and international telecommunications expertise through its partnership with Hutchison Telecommunications.

Leadership and Shareholders

The company is led by Nguyen H. P., General Director, who is responsible for strategic direction, network operations, customer service, and regulatory compliance in one of the country’s most competitive sectors.

Vietnamobile maintains a three shareholder structure.
Hanoi Telecom Joint Stock Company holds 50 percent, giving it significant governance influence and integration within Vietnam’s telecommunications ecosystem.
Hutchison Telecommunications (Vietnam) S.A.R.L. of Luxembourg owns 49 percent, providing foreign capital support, global experience, and operational expertise.
Trinh M. C. retains the remaining 1 percent.

Financial Growth and Market Risks

In 2023, Vietnamobile recorded revenue of USD 78.82 million. However, the company continued to operate with substantial losses, negative equity, and negative working capital. These figures reflect structural challenges common to smaller telecommunications operators, including high network investment requirements, subscriber acquisition costs, and intense price competition in Vietnam’s mobile market.

Key risks include sustained negative equity, continued price pressure from dominant operators, rapid technological change, and the high capital expenditure needed to keep pace with network modernization. For a deeper understanding of Vietnamobile’s cash flow position, credit standing, debt levels, and multi year financial trends, the VNBIS Company Comprehensive Report provides complete and up to date analysis.

Business Intelligence and Risk Outlook

Vietnam’s telecommunications market remains highly competitive, with larger providers exerting strong influence through network coverage, marketing strength, and bundled digital services. Vietnamobile’s ability to sustain its market position will depend on subscriber retention, targeted service offerings, and efficient cost management.

Short term performance will be shaped by demand for affordable mobile data services and ongoing shifts toward digital consumption. Over the long term, Vietnamobile must contend with industry wide transitions toward advanced network technologies and higher infrastructure requirements. Stakeholders evaluating the company’s operational resilience and financial trajectory will gain essential insights from VNBIS’s detailed intelligence resources.

VNBIS Support and Business Services

Vanguard Business Information LLC (VNBIS) provides a comprehensive suite of professional business intelligence solutions to support investors, suppliers, and financial institutions assessing Vietnamobile Telecommunications Joint Stock Company.

VNBIS services include:

• Company Credit Reports evaluating solvency, liquidity, and financial health
• Risk Management Solutions analyzing market exposure, cost pressures, and competitive conditions in the telecommunications sector
• Business Verification and Due Diligence Reports confirming ownership structure, governance practices, and compliance

For clients seeking up to date financial data, verified company information, and fresh investigative findings, the VNBIS Company Comprehensive Report offers the most complete and authoritative analysis available. Through these services, VNBIS enables secure, transparent, and data driven business decisions.