Viettel aims to appear in list of 150 largest enterprises globally

SGGP
Vietnam`s military-run telecoms group Viettel is set to become the world's 150 largest enterprises by 2030, according the company’s 4.0 strategy in the 2018-2030 period.

Former general director of Viettel, Major General Nguyen Manh Hung (R ) and his predecessor,  Major General Le Dang Dung (L) in the appointment ceremony on August 3

Former general director of Viettel, Major General Nguyen Manh Hung (R ) and his predecessor, Major General Le Dang Dung (L) in the appointment ceremony on August 3

The group also plans to become one of the top 10 telecommunications companies in the world, the top 20 Communication & Industrial Electronic businesses and the top 50 safety industry and network security enterprises.
The enterprise aims to maintain a growth rate of 10-15 percent by 2020 and set a revenue of VND350 trillion-VND400 trillion (US$15.4-US$17.6 billion), pre-tax profit of VND50-55 trillion (US$2.18 - 2.4 billion).
The strategy also targets to become a leading company of technology, service, products and manufacturing research as well as concentrate on 4.0 technological project for e-government, education, agriculture and smart city.
Viettel is among top 30 largest telecommunications companies around the world. It has reached nearly 100 million subscribers in Vietnam and international markets, Laos, Cambodia, Timor Leste, Cameroon, Haiti, Mozambique, Burundi, Peru, and Tanzania.
Viettel công bố chiến lược 4.0 với mục tiêu vào top 10 công ty viễn thông toàn cầu ảnh 2
Major General Le Dang Dung is appointed as the general director cum standing chairman of Viettel Military Industry and Telecoms Group, starting July 31st.

By TRAN BINH - Translated by Kim Khanh

Other news

Most view

Banking-finance

VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


Economy

Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market

SGN lists 24million shares on HOSE

 Saigon Ground Services JSC (under code: SGN) will list on the Ho Chi Minh City Stock Exchange (HOSE) 24 million shares for the first time starting on August 1st at a reference price of VND 140,000 per share.