In 2025, the Military Industry and Telecoms Group (Viettel) reported consolidated revenue of VND220.4 trillion (US$8.7 billion), up 13.8% year on year, one of the strongest growth rates among large state-owned enterprises. Pre-tax profit reached VND56.8 trillion, while contributions to the state budget totalled VND40.9 trillion.

Revenue from overseas operations rose 23.9%, the highest increase in nine years. Viettel currently operates in 10 foreign markets and holds the largest market share in seven of them, including Laos, Cambodia, Myanmar, East Timor, Burundi, Haiti and Mozambique.

The group said growth was recorded across its core businesses, including telecommunications, research and development, manufacturing and digital services, in line with Vietnam’s national priorities on science, technology and digital transformation.

In defence and industrial manufacturing, Viettel said it mass-produced and deployed several systems for the Ministry of National Defence in 2025, including the first successful test of a new long-range, high-technology weapon developed ahead of schedule.

The group said it continues to develop proprietary core technologies, publishing 406 international scientific papers during the year and holding 175 domestic patents and 41 international patents.

Viettel also expanded its digital infrastructure, completing 30,000 5G base stations nationwide, making it the country’s largest 5G network. It began construction of three large-scale and hyperscale data centres, as well as research and development complexes in Hanoi, Ho Chi Minh City and Da Nang.

In logistics, the group has joined infrastructure projects including a logistics centre in Da Nang and smart border gate developments in Lang Son, Lao Cai and Quang Ninh, while expanding logistics services into Southeast Asia.

Viettel said it played a key role in deploying digital platforms for central government agencies in 2025, including Party organisations and the National Assembly, and in implementing dedicated data transmission networks linking central and local governments.

Lieutenant General Tao Duc Thang, chairman and chief executive officer of Viettel, said 2026 would mark a shift from strategic planning to execution.

“Our goal of becoming a global technology group by 2030 is clear,” Thang said, adding that effectiveness must be reflected in tangible benefits for customers, society and the country, forming the foundation for Viettel’s long-term sustainable growth.

Viettel records breakthrough in first 5G Advanced trial

The Viettel Networks Corporation, a subsidiary of the Military Industry and Telecoms Group (Viettel), has reported the successful trial of its 5G Advanced mobile network, delivering download speeds of more than 7.3 Gbps, six times faster than those of Vietnam’s current 5G Standalone (5G SA).