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VIETTEL GROUP

Active

Business ID 0100109106

+84 1800 8000 / +84 1800 8098

VIETTEL GROUP

Active

Business ID 0100109106

+84 1800 8000 / +84 1800 8098

VIETTEL GROUP

Active

Summary

Name:

VIETTEL GROUP

Business ID (TIN):

0100109106

Date of Registration:

13 Jul 2010

Registered Office:

Ha Noi City Department of Finance

Address:

Lot D26, Cau Giay New Urban Area, Cau Giay Ward, Ha Noi City, Vietnam

Phone:

+84 1800 8000 / +84 1800 8098

Fax:

(84-24) 6255 6789

Financial Statement:

2020, 2021, 2022, 2023, 2024

Viettel Group: Vietnam’s State-Owned Telecommunications Giant

Viettel Group (Tập đoàn Công nghiệp - Viễn thông Quân đội) is a state-owned enterprise operating under the jurisdiction of the Vietnamese government. Established on July 13, 2010, Viettel has grown to become Vietnam’s largest telecommunications and technology corporation, with total assets reaching USD 10.27 billion in 2023. The group is headquartered at Lot D26, Cau Giay New Urban Area, Yen Hoa Ward, Cau Giay District, Hanoi, Vietnam.

Financial Performance

As of 2023, Viettel’s financial standing includes:

Total Sales: USD 3.76 billion, reflecting a 2.44% decline from 2022.
Profit: USD 1.32 billion, marking a 1.63% increase compared to the previous year.
Equity: USD 7.66 billion, rising by 5.46% year-over-year.

While Viettel remains financially stable, recent data suggests fluctuations in revenue growth, possibly due to shifts in the telecommunications industry or other economic factors.

Business Operations

Viettel operates across multiple sectors, primarily in telecommunications, IT, and defense technology. The company’s registered business activities include:

Wireless telecommunications services, including mobile and internet infrastructure.
Manufacturing of telecommunications, IT, and defense-related equipment.
Real estate development, construction, and property management.
Postal and news agency activities.
Training and human resource development for domestic and international markets.

Viettel’s vast scope of operations highlights its strategic role in Vietnam’s economic and technological landscape.

Ownership and Government Affiliation

Viettel is 100% state-owned, making it a critical asset of the Vietnamese government. The group's charter capital is reported at USD 6.54 billion, with a workforce of approximately 55,000 employees. The company’s leadership is headed by Chairman cum General Director, Mr. Tao Duc Thang.

Conclusion

As Vietnam's leading telecom and technology corporation, Viettel continues to expand its influence domestically and internationally. While it remains financially strong, market shifts may pose future challenges. Given Viettel’s state ownership, its operations and strategies are closely aligned with national interests, reinforcing its critical role in Vietnam’s infrastructure and security sectors.

Legal Profile

English Name:

VIETTEL GROUP

Vietnamese Name:

TẬP ĐOÀN CÔNG NGHIỆP - VIỄN THÔNG QUÂN ĐỘI

Short Name:

VIETTEL

Business ID (TIN):

0100109106

Date of Registration:

13 Jul 2010

Registered Office:

Ha Noi City Department of Finance

Ownership Status:

State-owned

Operation Status:

Active

Contacts

Key Decision Makers:

+ TAO D.T

+ DAO X.V

+ CAO A.S

+ NGUYEN D

+ DO M.P

+ NGUYEN D.C

Address:

Lot D26, Cau Giay New Urban Area, Cau Giay Ward, Ha Noi City, Vietnam

Phone:

+84 1800 8000 / +84 1800 8098

Fax:

(84-24) 6255 6789

Branch:

Viettel Building, No. 285, Cach Mang Thang Tam Street, Hoa Hung Ward, Ho Chi Minh City, Vietnam

Branch:

No. 1, Giang Van Minh Street, Giang Vo Ward, Ha Noi City, Vietnam

Branch:

Viettel Hoa Lac Building - B1, Lot 1, Hoa Lac High Tech Park, Hoa Lac Commune, Ha Noi City, Vietnam

Branch:

No. 380, Lac Long Quan Street, Tay Ho Ward, Ha Noi City, Vietnam

Branch:

No. 1, Tran Huu Duc Street, My Dinh 2 Ward, South Tu Liem District, Ha Noi City, Vietnam

Business Sector

Key business lines:

VSIC:

6120 Wireless telecommunications activities

NACE:

6120 Wireless telecommunications activities

NAICS:

517312 Wireless Telecommunications Carriers (except Satellite)

Industry Sales Growth

CAGR (2019 - 2023)

6.81%

YoY (2023)

9.65%

Companies by industry

Company distribution and propportions

480

0.0165%

Key Industry Players

Top 10 companies in wireless telecommunications activities industry

viettel group mobifone corporation viettel global investment joint stock company indochina telecommunication joint stock company vnpt media corporation vietnamobile telecommunications joint stock company tien phat technology joint stock company vnet joint stock company infobip company limited asim telecom joint stock company

Payment History

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Financial Performance

Assets	-6.28%
Owner’s Equity	-39.24%
Working Capital	-37.03%
Net Worth	-49.69%
Sales	-74.54%
Operating income	-46.88%
EBIT	98.90%
Gross Profit Margin	89.72%
Debt to EBITDA	71.13%

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Shareholders

Business Operation

Assets

Owner's Equity

Sales

Profit

Company Standard Report

Legal Profile

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EBT

EBITDA

Working Capital

Tangible Net Worth

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Comprehensive Report

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Legal Profile

Historical Information

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Subsidiary and Affiliated Company

Management and Directors

Shareholders

Business Operation

Suppliers

Buyers

Credit Limit

Industry Information

Key Industry Players

Competitors

Negative Payment Records

Banking Information

Litigation Records; Negative News

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Opinion from Analysts

Specific Questions About VIETTEL GROUP

When did VIETTEL GROUP start operating?

VIETTEL GROUP was started in 13 Jul 2010

What industry does VIETTEL GROUP operate in?

VIETTEL GROUP is operating in "Wireless telecommunications activities" industry

How can I contact VIETTEL GROUP?

VIETTEL GROUP phone numbers is +84 1800 8000 / +84 1800 8098

What adverse news is there about VIETTEL GROUP?

VIETTEL GROUP’s has no negative news

What is stock symbol of VIETTEL GROUP?

VIETTEL GROUP is not listed company

Where is the location of VIETTEL GROUP?

VIETTEL GROUP is located at Lot D26, Cau Giay New Urban Area, Cau Giay Ward, Ha Noi City, Vietnam

What is VIETTEL GROUP’s business registration?

VIETTEL GROUP business registration is 0100109106

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