Viettel Global (UPCoM: VGI) reported a net profit of over 1.2 trillion VND (47.5 million USD) for the second quarter of 2024, with net revenue increasing by 27%.
Celebrating five years of business in Myanmar, Mytel, a brand of Viettel Group in Myanmar, is the leading operator in terms of market share and service quality in this country.
National Assembly Chairwoman Nguyen Thi Kim Ngan hosted a reception for Senior General Min Aung Hlaing, Commander-in-Chief of Myanmar Defence Services, in Hanoi on December 19, during which she affirmed that Vietnamese leaders always back stronger cooperation between the two countries’ armies.
Prime Minister Nguyen Xuan Phuc visited some major investment establishments of Vietnam in Yangon on December 18 as part of his official visit to Myanmar.
Viettel Global Investment JSC, a subsidiary of Viettel Military Industry and Telecoms Group, reported revenue of 4,428 billion VND (188.6 million USD) and profit of 1,342 billion (57.1 million USD) in the third quarter of 2018, increases of 5 and 8 percent year-on-year.
Party General Secretary Nguyen Phu Trong had a meeting with representatives of leading enterprises of Vietnam and Myanmar in Yangon on August 26 as part of his State visit to Myanmar.
A joint venture between Viettel Global, Myanmar National Telecom Holding Public Limited and Star High Public Company Limited has officially received a licence to begin operation in Myanmar.