Viettel reports 12.8 percent revenue growth in February

Viettel Group has reported that its revenue in February surged by 12.8 percent year-on-year, breaking its target for the month by 2 percent despite the impacts of the COVID-19 epidemic.
Viettel reports 12.8 percent revenue growth in February ảnh 1Illustrative image (Photo: internet)

Hanoi (VNA) – Viettel Group has reportedthat its revenue in February surged by 12.8percent year-on-year, breaking its target for the month by 2 percent despitethe impacts of the COVID-19 epidemic.

The firm’s business units involved in digital transformation products havegrown significantly.

Revenue at the Viettel Business Solutions Corporation (VBSC) and the ViettelDigital Services Corporation surged by 111 percent and 107 percent,respectively.

The domestic telecommunications service sector recorded ayear-on-year increase of 8.6 percent, whilst the internationaltelecommunications service sector saw a surge of 21.5 percent.

To maintain this momentum will not be an easy task for Viettel given the complicateddevelopments of the disease. Some units have adjusted their business plans.

Viettel Post plans to add capital to solve the impacts caused by COVID-19 on itsdelivery services. Meanwhile, VBSC will promote other activities to compensatefor the roaming service’s decreased revenue.

Viettel has boosted retail sales to make up for the loss of its import-exportrevenue.

The group is also supporting the Government, ministries and customers in thefight against the epidemic by offering free online teaching and learningservices on ViettelStudy system; and building an application that allows theGovernment and the Ministry of Health to manage medical declarations atinternational airports, border gates and seaports.

Viettel Post is ensuring deliveries of goods to quarantine areas throughout thecountry. Meanwhile, the Threat Intelligence system of the ViettelCyber Security has detected and alerted customers to two big attacksrelated to the COVID-19 epidemic./. 
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