PM Nguyen Xuan Phuc commends Viettel’s achievements

NDO/ VNA – Prime Minister Nguyen Xuan Phuc lauded achievements obtained by the State-run Viettel Military Industry and Telecoms Group over the past years during a working session with its leaders in Hanoi on June 26.

PM Nguyen Xuan Phuc (front, middle) and representatives of Viettel (Source: VNA)
PM Nguyen Xuan Phuc (front, middle) and representatives of Viettel (Source: VNA)

Speaking at the session, PM Phuc hailed Viettel as an exemplary model of good governance and qualified workforce.

Viettel Chairman Major General Nguyen Manh Hung said with nearly 100 million subscribers, Viettel has become one of the world’s 15 largest telecom providers. The group has expanded its operations to telecom electronic industry, high-tech weapon industry and cyber security industry, he said.

Its telecom electronic and high-tech weapon industries have brought home VND 12 trillion (US$528.6 million) in revenue, he said, adding that Viettel also built a national firewall to screen spams and launched a round-the-clock cyber security surveillance system.

Hung said Viettel is striving to become a strong telecom corporation with an annual growth of 10-15 percent by 2020, earning VND 350 million - VND400 trillion (US$ 15.4 billion – US$17.6 billion) and pre-tax profit of VND 50 trillion- VND 55 trillion and becoming one of the top 10 telecom firms in the world.

The PM described Viettel as a model example that has encouraged the Vietnamese business community to develop, especially in the context of the fourth industrial revolution.

He lauded the group’s efforts in personnel development, particularly high-quality human resources, saying Viettel has created breakthroughs in development programmes.

The outcomes and successes reaped by Viettel are vivid evidence for the important role of State-owned enterprises in the socialist-oriented market economy, the government leader stressed, praising the group’s fulfillment of its social responsibility with many social welfare programmes.

PM Phuc urged Viettel to continue affirming its leading role in the telecommunication industry and contribute more to national construction and development.

On the path towards a famous group in the region, Viettel should pay attention to protecting its brand name as a national asset, he reminded.

The Government, the Central Military Commission and the Ministry of National Defence will create the best possible conditions for Viettel to develop further, he affirmed.