Viettel continues to maintain its role
In 2023, Viettel’s telecommunications market share increased by 1.64% and continued to maintain a sustainable leading position with 56.5%. Meanwhile, non-mobile services also ranked No.1, including landline broadband (FTTH) with 43% market share and multi-platform television with 8.6 million customers, accounting for 31.2% market share.
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An overview of Viettel's politico-military conference in 2023 |
Viettel continues to be the network operator with the best service quality in Vietnam, according to Umlaut’s analytics, and is in the top 40 network operators with the best quality in the world.
Its 5G service has been tested at 500 stations in 63 provinces and cities. Viettel has also deployed its own 5G mobile network in reality.
In addition, Viettel has successfully converted 5.8 million 2G subscribers to 4G, reaching the set target and increasing the proportion of 4G subscribers to 80%; standardized information for 8.6 million subscribers as targeted; applied AI technology to blocking spam messages, spam calls...
During the year, Viettel successfully completed the trial program to provide Mobile Money services to nearly 5 million customers, of whom 73% are in rural, mountainous, remote, border, and island areas.
Many new digital platforms applied with breakthrough outcomes
After two years of launching, TV360 has reached 10 million regular subscribers, accounting for the largest television service market in Vietnam, and has begun to expand into international markets.
Furthermore, Viettel Money digital financial ecosystem leads the financial application rankings on Google Play and Apple Store in Vietnam with more than 24 million users, accounting for 32% of the e-wallet market share and 60% of the mobile money market share.
Last year, the enterprise also implemented a lot of data center infrastructure in Hanoi and Ho Chi Minh City, contributing to the development of the largest cloud service ecosystem in the country.
Leading in telecommunications and technology services export
Viettel’s foreign revenue increased by 20.5%, maintaining its high growth rate for seven consecutive years, five times higher than the industry average in the world. Natcom ranked top in Haiti, helping Viettel hold the No.1 position in six foreign markets, including Natcom in Haiti, Metfone in Cambodia, Unitel in Laos, Mytel in Myanmar, Telemor in East Timor, and Lumitel in Bunrudi.
The information security field provided by Viettel has been expanded to four international markets, including Japan, Myanmar, Timor Leste, and Hong Kong (China).
Viettel Digital Finance platform was exported to seven foreign markets, many of which had high growth rates, such as Mozambique (450%), Laos (244%), Haiti (232%), Timor Leste (139%), and Burundi (91%).
Besides, the complete 5G Private Service has an export contract to India, a technologically developed country with the largest population in the world.
Mastering the research and production of 5G chips and 5G devices
Viettel has completed research, production, and testing of the 5G product ecosystem in both hardware and software, making Vietnam one of the top five first countries to master the 5G technology. The group has announced the successful research of the 5G DFE Chip, the most complex component of the 5G ecosystem with the ability to calculate up to 1,000 billion calculations per second, marking a breakthrough in the Vietnamese semiconductor industry. The test showed that the 5G equipment manufactured by Viettel fully meets technical standards equivalent to equipment from many global service providers.
Making breakthroughs in logistics field
Viettel Post achieved the highest growth rate after five years. The core delivery sector grew by 31%, nearly four times the overall growth of the industry. In addition, Viettel Post has promoted the construction of an intermodal transport route connecting China, Vietnam, and ASEAN while participating in the most modern smart border gate project in Vietnam.
In 2024, Viettel targets to increase the group’s consolidated revenue by 7.2%, continue to improve the efficiency of foreign investment with a capital return rate of 84%, ensure 4G coverage equivalent to 2G, and transition of all 2G subscribers to 4G before September 2024. It was also determined to maintain its No.1 position in data center and cloud market share, promote the provision of information security services internationally, to name but a few.
Translated by Minh Anh