In the 2020-2025 term of Viettel’s Party Organization, the group asserted its strong internal strength and growing prestige, both domestically and internationally.
According to Gen. Thang, Viettel has achieved a series of transformative milestones. The group has successfully transitioned from a telecoms operator into a technology company that provides digital services and masters digital infrastructure. Notably, it has pro-actively been expanding its business into new domains such as logistics, digital solutions, and artificial intelligence (AI). Many of its developed hi-tech products have been exported to international markets, marking Viettel’s growing presence in the global tech arena.
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Lt. Gen. Tao Duc Thang, Deputy Secretary of the Party Committee, Chairman and General Director of Viettel Group |
Attentively, the group’s revenue growth rate reached 10.3% by the end of 2024, the highest in the industry and the first double-digit increase in seven years.
Gen. Thang said that the Group is the first state-owned enterprise to have a Prime Minister-approved development strategy by 2025 with a vision to 2030 and a comprehensive restructuring plan. Viettel has also been entrusted with using post-tax profits to reinvest in defense and security R&D. The group’s excellent task performance has earned its increasing trust from the Party, State, and military, reflecting Viettel’s vital role in addressing strategic national challenges.
Regarding future development of the group, Gen. Thang affirmed that Viettel aligns its goals with breakthrough strategies set by the Party, the State, the Central Military Commission and the Ministry of National Defense. In a time when technology evolves rapidly, the future is not something to wait for, Viettel embraces the mindset of acting faster and building the future pro-actively.
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Viettel develops 5G network. |
The Group is currently investing in nine out of 11 strategic technology groups identified by the Prime Minister. They are AI, digital twins, virtual/augmented reality; cloud computing, quantum technology, big data; blockchain; 5G/6G mobile networks; robotics and automation; semiconductors; advanced materials and energy; cybersecurity and aerospace technology. More emerging technologies are also on Viettel’s radar for future development.
According to the Viettel Group Chairman, the key driver behind Viettel’s success is confidence. That is confidence in oneself, in the organization, in the path Viettel has been following, and in the group’s sustainable future. With a clear strategy, strong resources, and favorable policies, Viettel is confident in its capability to realize its aspirations and remain worthy of the trust placed in it by the Party, the State, the military, and the people.
Seeing challenges not as obstacles, but as catalysts for growth, Gen. Thang stressed that as long as Viettel still faces difficulties, it means it keeps moving forward and aiming higher.
Translated by Mai Huong