Viettel profit nearly 40,000 billion dong in 2020

According to information from the Military Industry and Telecommunications Group (Viettel), the group's total revenue in 2020 reached more than VND 264.1 trillion, up 4.4% compared to 2019, reaching 102.4% of the plan.

Viettel's 10 foreign markets have brought home a cash flow of about $333 million.

According to information from the Military Industry and Telecommunications Group (Viettel), the group's total revenue in 2020 reached more than VND 264.1 trillion, up 4.4% compared to 2019, reaching 102.4% of the plan. plan.

Pre-tax profit reached 39.8 trillion, up 4.1%, reaching 103.9% of the year plan. Viettel brand is currently valued at $5.8 billion, ranking No.1 in Southeast Asia and 9th in Asia.

In 2020, Viettel has formed six digital foundation fields in society, including: digital infrastructure, digital solutions, digital finance, digital content, network security and high-tech production.

In the field of telecommunications, Viettel's 10 foreign markets have grown tremendously in terms of revenue and profit, ensuring a cash flow of about 333 million USD.

In Vietnam, Viettel has become the largest broadband fixed service provider in Vietnam with 41.8% market share. Viettel's mobile service still maintains its leading position with 54.2% market share, of which data subscription market share reaches 57%. Viettel is the first operator to provide 5G network trial business in Vietnam.

In the field of IT solutions & digital services, in 2020 Viettel will continue to implement technology solutions, completing core technology platforms to solve society's problems.

Successfully implemented solutions to support the Government and ministries in epidemic prevention and control with a support value of approximately VND 4,400 billion. Provide market leading digital products, especially products and services for the Government and ministries. Among them are products in the fields of Health (Teleheath), education (Viettel Study), digital payment (ViettelPay), smart transportation (ePass).

Two AI application platforms, Viettel AI Open Platform and Viettel Data Mining Platform, are recognized by the Ministry of Information and Communications as Make in Vietnam digital platforms. These are platforms developed by Vietnamese people for businesses in Vietnam at a reasonable cost compared to foreign platforms.

In the field of manufacturing research and high-tech industry, Viettel successfully researched, manufactured and tested 5G equipment on the network, bringing Vietnam into the top 6 first countries to master 5G technology.

In 2020, Viettel mastered 62 core technologies, registered 97 inventions, and had 3 patents granted exclusively in the US. Revenue from civil product production reached about 1.5 trillion, up 104% compared to 2019.

In the field of delivery, logistics and e-commerce, Viettel's member units continued to maintain a high growth rate, with delivery services reaching 9% (the industry average of 4%); retail business reached 111% of the plan, an increase of 339.4%, equivalent to 46.6 billion compared to 2019.

According to Doanh nghiep tiep thi