The Vietnam Post and Telecommunications Group (VNPT) earned over 5.86 billion USD in revenue and 192.72 million USD in profit in 2016, up 7 percent and 20.3 percent year on year respectively.
Hanoi (VNA) - The Vietnam Post and TelecommunicationsGroup (VNPT) earned over 133.23 trillion VND (5.86 billion USD) in revenue and 4.38trillion VND (192.72 million USD) in profit in 2016, up 7 percent and 20.3percent year on year respectively.
This is the third consecutive year the group has enjoyed a profit growth ofover 20 percent.
The figures were released at a conference to launch thegroup’s 2017 plan on December 27.
Addressing the event, Minister of Information andCommunications Truong Minh Tuan said the year 2016 marked the significantimprovements of VNPT after one year of reshuffle.
VNPT has reinforced and secured its role as one of thepillars in Vietnam’s telecommunication and information and communicationtechnology (ICT) market, Tuan said.
In 2016, the group contributed 3.6 trillion VND (158.4million USD) to the State budget, up 1.4 percent from 2015.
It now has 38.6 million mobile subscribers and 3.8 millionbroad-band internet subscribers.
In 2017, VNPT aims tobecome the best provider of telecom services by applying new advancedtechnology to improve products and bettering services.-VNA
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Minister of Information and Communications Truong Minh Tuan on October 14 signed licences granted to Viettel and VNPT to set up public telecommunication networks and provide 4G services.
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Customers at a VNPT branch (Photo: VNA) 
