The figure contributed to the total turnover of Viettel Global, a unit of the Vietnamese military-run telecom group Viettel, in the nine-month period from January to September to VND 13 trillion, an annual increase of 19%.

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Bitel, a brandname of Viettel Global in Peru. (Photo for illustration) 

Thus, the company’s profit reached nearly VND 3 trillion from VND 1.25 trillion last year, up 135% from a year earlier.

Recently, Viettel Global’s Board of Directors approved in principle a plan to sell 2.24 billion of its shares on the market of unlisted public companies. The unit’s assets are estimated at more than VND50 trillion.

Commencing its overseas investment in 2006, Viettel Global is now present in nine foreign markets including Cambodia, Laos, Myanmar, Haiti, Timor-Leste, Mozambique, Cameroon, Tanzania and Burundi.

Notably, Viettel is one of the top 30 telecoms companies in the world in terms of users, with more than 100 million subscribers, of which 35 million are outside of Vietnam.

Translated by Van Hieu