The military-run telecommunication group Viettel will become a strong and modern economic unit with high competitiveness, to contribute to the country’s socio-economic growth, defence-security and international integration.

This is the core goal of Viettel’s restructuring plan approved by the Prime Minister in Decision 753/QD-TTg.

The group will have a total charter capital of 100 trillion VND (more than 4.7 billion USD) and operate in the telecoms, information technology, radio and television broadcast, and post and forwarding sectors as well as in the research and production of telecoms and ICT products.

Under the restructuring plan, EVN Telecom will be officially merged into Viettel Group.-VNA