At the meeting, delegates discussed and approved the reports on the corporation’s performance in the last year, its main business targets this year, and its profit distribution plan as well as plan to raise the chartered capital for Viettel.

Most of the participants agreed to elect additional members to the Board of Directors for the 2019-2024 period. Accordingly, Mr. Nguyen Dinh Chien was elected as the Chairman of the Board of Directors of Viettel Post for the term of 2019-2020, while Mr. Dinh Thanh Son was chosen to be a new member of the board.

Viettel Post completes all business targets.

Speaking at the event, newly-elected Chairman of Viettel Post’s Board of Directors Nguyen Dinh Chien affirmed their determination to turn the corporation into the top delivery company in Vietnam basing itself on high-tech platforms to raise productivity, reduce delivery costs, and create more jobs. 

According to reports delivered at the meeting, by December 31, 2019, Viettel Post completed all business targets set at the latest meeting of shareholders, creating a firm foundation for the business to achieve goals set for the 2019-2024 period.

Last year, Viettel Post recorded remarkable achievements in production and business activities, bringing a revenue of VND 7.9 trillion, up 58.92%. Its after-tax profit was more than VND 380 billion, up 36.24%. 

At the meeting, members of Viettel Post’s Board of Directors decided to increase its chartered capital by issuing shares to pay dividends for 2019.

Delegates shared that Viettel Post will develop synchronized methods to realize its high target of a more than VND 19 trillion revenue in 2020. Together with diversifying its services, the corporation will promote sales, provide services for farmers, and take drastic measures to effectively manage its spending and raise effectiveness of its post-offices.

Translated by Tran Hoai