Viettel Global Investment JSC posted more than 2.15 trillion VND (over 93 million USD) in pre-tax profit in 2019, surging 2.3 trillion VND from the loss of 150 billion VND in the previous year.
Staff of Telemor, the brand of Viettel in Timor Leste, pose for a group selfie (Photo: Viettel)
Hanoi (VNA) – Viettel Global Investment JSC postedmore than 2.15 trillion VND (over 93 million USD) in pre-tax profit in 2019,surging 2.3 trillion VND from the loss of 150 billion VND in the previous year.
Viettel Global, a subsidiary of the ViettelMilitary Industry and Telecoms Group, reported its revenue last year at almost17.05 trillion VND, compared to 16.87 trillion VND in 2018.
Its gross profit margin was at 34.1 percent, thehighest so far, the firm said, attributing the profit growth largely to its armin Myanmar which helped boost the whole company’s profit by nearly 1.8 trillionVND from 2018.
Eight of the nine foreign markets of ViettelGlobal (Peru not included in its financial report) enjoyed double-digit growthrates last year. Besides, favourable exchange rate changes and minimisedmanagement and sale expenses have also greatly helped the company improve itsperformance, it noted.
Thanks to such positive outcomes, the price ofits stock (coded VGI) on the Unlisted Public Company Market (UPCoM) has almostdoubled over the past year to around 26,000 – 27,000 VND per share atpresent.
With the market cap of over 80 trillion VND,Viettel Global is currently the second largest firm on UPCoM./.
Viettel Telecom Corporation has been named Vietnam’s Mobile Data Service Provider of the Year at the 2019 Frost & Sullivan Asia-Pacific Best Practices Awards recently held in Singapore.
The Viettel Military Industry and Telecom Group (Viettel) is the only Vietnamese business to make it into the list of the world’s top 50 fastest-growing brands in 2014-2019.
The Military Industry-Telecoms Group (Viettel) has set a goal of attracting an additional 10 million 4G subscribers in Vietnam this year, up to 62 percent compared to 43.5 percent last year.
Vietnamese mobile subscribers have a better experience in network quality and speed than users in many Southeast Asian countries such as Indonesia, Thailand, Malaysia and the Philippines, according to a report by Tutela, a global crowdsourced mobile data company.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
Staff of Telemor, the brand of Viettel in Timor Leste, pose for a group selfie (Photo: Viettel) 
