Military-run telecom group makes debut

The military-run telecom group, Viettel, made its debut in Hanoi on Jan. 12, becoming the first economic group set up by the Ministry of National Defence.
The military-run telecom group, Viettel, made its debut in Hanoi on Jan. 12, becoming the first economic group set up by the Ministry of National Defence.

The wholly State-owned group operates in the form of a father-and-son company. It engages in multi-fields, with telecom and information technology being its key business.

At present Viettel is the largest mobile phone service provider in Vietnam with 24,000 base transmission stations.

The group plans to enter the top 30 telecom operators in the world and the top 10 telecom firms investing in foreign countries.

It also plans to earn a revenue of 15 billion USD in 2015 and 30 billion USD in 2020./.

See more