The Vietnam Post and Telecommunications Group (VNPT) earned an estimated 63.15 trillion VND in revenue and 2.16 trillion VND in profit in the year's first half, achieving 50.6% of the yearly target.
Hanoi (VNA) – The Vietnam Post and Telecommunications Group (VNPT) ear♐ned an estimated 63.15 trillion VND (2.8 billion USD) in revenue and 2.16 trillion VND in profit in the first half of this year, achieving 50.6 percent of the yearly target.
The revenue also registered a 121.1 percent year-on-year increase.
In a press release issued on July 18, VNPT said mobile network operator VNPT-VinaPhone, one of the firm's key arms, maintained a good growth rate by adding 6.5 million subscribers in these six months.
The network operator is estimated to have earned 25.4 trillion VND in the first half of this year, making a profit of 569 billion VND, equal to 51.76 percent of the yearly target.
Meanwhile, VNPT-Media, established last year, earned more than 532 billion VND in revenue and 53 billion VND in profit.
Speaking to local media on the occasion of the 20th anniversary of the establishment and development of VNPT last month, Deputy Director Luong Manh Hoang said the firm aimed to claim 33 percent of the market share, being the second largest service provider in the Vietnamese telecommunication market this year.
Vinaphone said it currently had nearly 20 percent of the market share and was the third largest service provider in the market.
The top two network providers are Mobifone and Viettel.
Hoang said VinaPhone had invested heavily in infrastructure to supply wide bandwidth for 4G services to meet the customers' demand.
"When the 4G service is licensed, it will be a good opportunity for us to change our ranking and shorten the gap with the number one rival in the market," Hoang said.
The Ministry of Information and Communications is scheduled to grant a 4G licence in the second half of this year. VinaPhone, Mobifone and Viettel had piloted a 4G service under the approval of the ministry.-VNA
Vietnam Post and Telecommunications Group (VNPT) is introducing its health information system (HIS) at the four-day International Communications and Information Technology Exhibition in Singapore.
The Vietnam Posts and Telecommunications Group (VNPT) and US-based Microsoft on July 7 inked a Memorandum of Understanding on strategic cooperation in cloud computing, cyber security and smart city.
Minister of Information and Communications Truong Minh Tuan urged enterprises to send recent reports on 4G testing results as the Government had policies to accelerate the licensing for 4G this year.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Customers at a VNPT branch (Photo: VNA)
