Viettel construction

Viettel Construction commits to reinvest in society through linking production and business activities with social and humanitarian activities.

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Overcoming the Covid-19 pandemic, Viettel Construction recorded revenue of VND 3,552 billion in the first 6 months of the year

In the context of the complicated development of the Covid-19 flu pandemic, it severely affected the production and business activities of many businesses. Viettel Construction has made efforts to adapt and exceed business targets in all fields. Revenue in the first 6 months of the year was recorded at 3,552 billion dongs, up 31.7% over the same period in 2020, cumulatively reaching 53.8% of the 2021 plan (target 6,600 billion dongs).

Viettel Construction và Liên đoàn Lao động Bà Rịa – Vũng Tàu hợp tác vì người lao động

Recently, Viettel Construction and the Ba Ria – Vung Tau Labor Federation signed a cooperation agreement in providing quality products and services to trade union members and workers in the province. This event also opens up new cooperation opportunities of Viettel Construction and the Labor Federation nationwide.

Viettel Construction aims for at least double-digit growth in the period of 2026-2030

In the afternoon of April 24, 2024, Viettel Construction Joint Stock Corporation (Viettel Construction) held the 2024 Annual General Meeting of Shareholders.

Viettel received a license to operate in 5G services

The Ministry of Information and Communications has awarded a license to establish a terrestrial mobile public telecommunications network using 5G technology to Viettel.

VIETTEL CONSTRUCTION ASSOCIATES SOCIAL RESPONSIBILITY WITH PRODUCTION AND BUSINESS ACTIVITIES

Viettel Construction tự hào là đơn vị đóng góp vào sự phát triển của xã hội thông qua hoạt động kinh doanh gắn liền với môi trường, trách nhiệm xã hội,… và quản trị hiệu quả theo ESG (Environmental – Social – Governance).

[03T.2024] Viettel Construction production and business news

In the first quarter of 2024, Viettel Construction simultaneously completed 21% of the year's revenue and profit plan. The Corporation officially distributed to the market 04 more OEM products under the AIO brand, signed many large value contracts in the fields of Construction, Solutions and Technical Services,...

Operations and exploitation led the revenue in the first 6 months of the year with a result of VND 2,164.4 billion, up 21.1% over the same period in 2020, accumulatively reaching 51.4% of the 2021 plan.

Operation and exploitation in the first 6 months of the year for the Viettel Group and its non-Viettel Group partners was well maintained to serve the events at the beginning of the year, the 13th National Party Congress, and areas affected by the epidemic. Covid-19, especially in Myanmar (in terms of political instability).

Infrastructure Investment of Viettel Construction also grew to 91.2 billion dongs, up 515.9% over the same period in 2020, accumulatively reaching 45.6% of the 2021 plan.

Accelerating investment in the construction of BTS stations with the result of completing nearly 500 stations in the second quarter, ensuring the goal of completing the deployment of 2,102 stations in 2021. Accumulated by the end of June 2021, there are 1,234 BTS stations, 2,600km of cable hanging light, 4 underground sewer lines, mobile coverage of the building with nearly 3 million m2, and 47 solar energy systems with a capacity of 17.7MWp.

The field of Integrated Solutions reached VND 417.7 billion, up 126.3 percent over the same period in 2020, accumulatively reaching 75.0% of the 2021 plan.

In addition to installing more than 2,000 surveillance cameras at isolation points to serve the fight against the Covid-19 epidemic, the Integrated Solutions Center also promotes the business of potential new solutions that bring value to society such as solar lights, new rural security cameras, ePass non-stop toll collection solution, expanding and diversifying products to meet a wide range of customers (Carrier air conditioner, Akito air conditioner, Karofi water purifier equipment)

The construction sector (including construction in the Group and civil construction) achieved revenue of VND 871.8 billion, up 24.8% over the same period in 2020, accumulatively reaching 54% of the 2021 plan.

With the strategy of approaching each province with at least 01 B2B civil construction project of great value (from 10 to 50 billion VND depending on the size of the province), each commune has at least 01 civil construction project developed by Viettel Construction. The declaration has helped because the civil construction field achieved good results in the first 6 months of 2021. Typical examples are the Kim Chung - Di Trach project (WTO investor) worth 140 billion dongs, Louis Hoang Mai ( VFI investor) worth 440 billion dongs,…and hundreds of other residential projects.

Construction work in the Group is prominent with projects to maintain the BTS station system in Truong Sa, deploying nearly 14,000 solutions to ensure network resources for events, holidays, and Tet. In addition, it cooperates with Viettel High-Tech Industry Corporation to construct and install equipment for Navy radar stations; construction of 20 non-stop toll stations for Vietnam Digital Traffic Joint Stock Company, projects to ensure communication of border guard posts.

An important last field in the "universe" of Viettel Construction is Information Technology, which, although in the stage of starting a business, has brought in more than 5 billion VND in revenue from digital transformation tailoring solutions. , as well as other commercial products such as 1Office, Sapo, Viettel Sale, etc.

The Covid-19 wave appeared at the beginning of 2020, but Viettel Construction has adapted quickly, reaching a record net profit of 274 billion dongs in 2020, an increase of 45% compared to 2019. Accumulated in the first 6 months of 2021, all All business segments continued to grow well. It is expected that Viettel Construction will complete revenue and profit beyond the set target in 2021. This result has reflected the correct business strategy of Viettel Construction's Board of Directors.

Recently, the international IT World Awards announced that Viettel Construction is a Vietnamese enterprise that won the Gold Award in the category of software and integrated customer revenue management (IRCM). Vietnam Report announced that it was in the Top500 "fastest" growing enterprises in Vietnam (ranked 65/500, up 38 places compared to 2019), the top 50 "best" growth enterprises in Vietnam, maintaining business results. 3 consecutive years of outstanding growth.

In the context of a difficult market, Viettel Construction's business results in the first 6 months of the year grew well, revealing many new breakthrough opportunities in the remaining 2 quarters from all business segments.

Viettel Construction và Liên đoàn Lao động Bà Rịa – Vũng Tàu hợp tác vì người lao động

Recently, Viettel Construction and the Ba Ria – Vung Tau Labor Federation signed a cooperation agreement in providing quality products and services to trade union members and workers in the province. This event also opens up new cooperation opportunities of Viettel Construction and the Labor Federation nationwide.

Viettel Construction aims for at least double-digit growth in the period of 2026-2030

In the afternoon of April 24, 2024, Viettel Construction Joint Stock Corporation (Viettel Construction) held the 2024 Annual General Meeting of Shareholders.

Viettel received a license to operate in 5G services

The Ministry of Information and Communications has awarded a license to establish a terrestrial mobile public telecommunications network using 5G technology to Viettel.

VIETTEL CONSTRUCTION ASSOCIATES SOCIAL RESPONSIBILITY WITH PRODUCTION AND BUSINESS ACTIVITIES

Viettel Construction tự hào là đơn vị đóng góp vào sự phát triển của xã hội thông qua hoạt động kinh doanh gắn liền với môi trường, trách nhiệm xã hội,… và quản trị hiệu quả theo ESG (Environmental – Social – Governance).

[03T.2024] Viettel Construction production and business news

In the first quarter of 2024, Viettel Construction simultaneously completed 21% of the year's revenue and profit plan. The Corporation officially distributed to the market 04 more OEM products under the AIO brand, signed many large value contracts in the fields of Construction, Solutions and Technical Services,...

Viettel Construction và Liên đoàn Lao động Bà Rịa – Vũng Tàu hợp tác vì người lao động

Recently, Viettel Construction and the Ba Ria – Vung Tau Labor Federation signed a cooperation agreement in providing quality products and services to trade union members and workers in the province. This event also opens up new cooperation opportunities of Viettel Construction and the Labor Federation nationwide.

Viettel Construction aims for at least double-digit growth in the period of 2026-2030

In the afternoon of April 24, 2024, Viettel Construction Joint Stock Corporation (Viettel Construction) held the 2024 Annual General Meeting of Shareholders.

Viettel received a license to operate in 5G services

The Ministry of Information and Communications has awarded a license to establish a terrestrial mobile public telecommunications network using 5G technology to Viettel.

VIETTEL CONSTRUCTION ASSOCIATES SOCIAL RESPONSIBILITY WITH PRODUCTION AND BUSINESS ACTIVITIES

Viettel Construction tự hào là đơn vị đóng góp vào sự phát triển của xã hội thông qua hoạt động kinh doanh gắn liền với môi trường, trách nhiệm xã hội,… và quản trị hiệu quả theo ESG (Environmental – Social – Governance).

[03T.2024] Viettel Construction production and business news

In the first quarter of 2024, Viettel Construction simultaneously completed 21% of the year's revenue and profit plan. The Corporation officially distributed to the market 04 more OEM products under the AIO brand, signed many large value contracts in the fields of Construction, Solutions and Technical Services,...

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