At the meeting, Major General Le Dang Dung, Acting Chairman and Acting Director General of Viettel briefed Binh and his entourage on the group’s development over the last 30-plus years.

From a small-sized unit under the Signal Corps, Viettel has made great efforts in developing the business to become a leading entrepreneur in Vietnam.

At present, the military-run telecom giant has been on the lists of the country’s most profitable companies and top contributors to the State Budget.

In addition, Viettel has also manufactured advanced equipment to expedite the modernization process in the military, maintained information safety and security for the networks of Viettel and the country, and protected the country’s digital sovereignty from bad and harmful information.

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Politburo member Nguyen Van Binh visits a facility of Viettel

Addressing the event, Binh highly valued efforts and outcomes of Viettel over the past years, considering it an outstanding model of a State-owned corporation, contributing to boosting competitiveness in the region and the world.

Emphasizing the important role of State-owned enterprises in the socialist-oriented market economy in Vietnam, the Party official requested Viettel to take the lead in digital transformation and cyber security, pay due attention to developing human resources and science technology, focus on scientific research, and carefully select strategic partners to facilitate the implementation of its sustainable development targets.

Binh asked Viettel to draw experience and lessons in doing business and study applications of those to the development of State-owned enterprises. He added that the mobile network operator should also make progress in applying the Fourth Industrial Revolution (Industry 4.0) in its business and operation, making contributions to the national development.

General Dung also took this occasion to propose the Politburo, the Party Central Committee's Economic Commission, and the Government to further create favorable conditions for telecom companies to further develop their business.

Translated by Van Hieu