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Bringing construction services to foreign markets, Viettel Construction brought home the first project with a value of more than 1 million USD

In just 90 days and nights of speedy construction, Viettel Construction Myanmar completed the construction of Office Building No. 2 of Telecom International Myanmar Co., LTD (Mytel) with a value of 24 billion VND. This project is also the first civil construction contract of Viettel Construction in the foreign market.

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As a member of Viettel Construction Corporation, Viettel Construction Myanmar (VCM) has made positive contributions to the Corporation's development in recent years. In addition to operating and exploiting telecommunications infrastructure for Mytel, VCM now also performs technical services for other TowerCos in Myanmar such as: Myanmar National Telecom Infra Co., LTD (MNTI), National Tower Development Co. , LTD (NTD), Tiger Infrastructure Myanmar Co., LTD (TIM), HYE Environmental Technology Co., LTD (HYE).

With the strategy of turning VCM into a multi-service company, providing solutions under a closed ecosystem similar to Viettel Construction in Vietnam, from the beginning of 2023 VCM has promoted the signing of contracts in construction fields. Civil (XDDD), Integrated Solutions (GPTH) in Myanmar. Among them is the construction project of Office Building No. 2 at the headquarters of Mytel.

Before that, in February 2023, when Mytel opened the bidding package to build an Office building at its headquarters in Yangon, VCM quickly completed the bid and protected the capacity with the Investor Mytel. After many rounds of evaluation and consideration, VCM officially won the project contract with a value of 2.1 billion mmk (equivalent to 24 billion VND).

The 2nd Office Building project is a project to celebrate the 5th anniversary of "Mytel Network officially came into operation" in Myanmar (June 9, 2018 - June 9, 2023). Therefore, the Investor requires from VCM a very high commitment both in terms of quality and progress.

Perspective of the front of the office building No. 2 Mytel

Immediately after winning the project contract, VCM's Board of Directors summoned all workers, materials and equipment to carry out the construction, ensuring the handover schedule before June 9, 2023. After 90 days and nights of speedy construction, VCM officially handed over the completed project to Mytel and put it into operation, welcoming domestic and foreign delegations on the occasion of the anniversary.

A representative of Mytel said that although the construction time of the building was right in the rainy season in Yangon, VCM's staff was very professional and deployed on schedule. Mytel hopes that the two companies will continue to cooperate more in the future, especially in the fields of construction and architecture.

Actual image of the building deployed by Viettel Construction Myanmar

Photo of a meeting room in a building with a creative and modern style

Discussion and teamwork area of the building

Communal area with full amenities

At the same time as handing over the project to Mytel, VCM successfully signed a contract to build an isolation house of BAF partner (Myanmar BAF Livestock Co., LTD) with an estimated value of about VND 2 billion.

The construction of Mytel's office building and BAF's project is an important milestone, confirming the advantages and premise for VCM to cooperate with other projects in Myanmar in 2023.

Box:

Viettel Construction Myanmar được thành lập từ năm 2015 (thời điểm Tập đoàn Viettel bắt đầu gia nhập thị trường Myanmmar, cũng là thời điểm Myanmar mới bước vào giai đoạn mở cửa cho các nhà đầu tư nước ngoài) với tổng vốn đầu tư 680.000USD. Chỉ từ hơn 10 nhân sự thực hiện công tác VHKT tại 03 tỉnh ở Myanmar, đến nay Công ty đã nâng tổng số CBNV lên đến hơn 600 người VHKT tại 16 tỉnh của Myanmar. Ngoài việc VHKT cho Mytel, Công ty hiện nay thực hiện VHKT cho 4 TowerCo (MNTI, NTD, HYE, TIM) và cung cấp các dịch vụ khác như: Đầu tư Hạ tầng cho thuê, Vận hành Khai thác, XDDD, GPTH.

Mytel is the 10th market company with the largest scale and population in the markets where Viettel Group invests. In 2023, Mytel officially became the No. 1 telecommunications provider in Myanmar. With an area of ​​nearly 90% of the population, Mytel is the network operator with the largest and best 4G coverage in Myanmar. Mytel has helped increase the share of high-speed mobile users in Myanmar from 16% to 88%; at 40% lower cost than before. Along with efforts to cover telecommunications, Mytel has built a comprehensive digital ecosystem, including: digital infrastructure, digital finance, digital content, digital solutions and network security.

VIETTEL CONSTRUCTION EMPLOYEES BRAVELY SAVED GIRL IN THE HORROR LANDSLIDE IN HA GIANG

Mr. Nguyen Duc Tai recounted the moment when he and his nephew tried to run as fast as possible, behind them were thousands of blocks of rock and soil falling and the panicked screams of people during the terrible landslide in Ha Giang.

PEOPLE ARE ALLOWED TO SELL SOLAR ELECTRICITY BELOW 10% OF CAPACITY

Deputy Prime Minister Tran Hong Ha requested the Ministry of Industry and Trade to soon present a plan for people to resell excess rooftop solar power, but not more than 10% of capacity.

[06T.2024] Viettel Construction production and business news

Cumulatively in the first 6 months of 2024, Viettel Construction completed 45% of the revenue plan and 46% of the profit plan. The Corporation signed many telecommunications construction and installation projects, public investment, civil construction projects,... of great value. Fortune magazine ranked Viettel Construction in the Top 500 largest companies in Southeast Asia.

FOR THE 3RD CONSECUTIVE YEAR, VIETTEL CONSTRUCTION REACHED THE TOP 50 BEST LISTED COMPANIES IN VIETNAM (FORBES)

Forbes Vietnam magazine has just announced the list of 50 best listed companies in 2024. Based on the revenue and profit rankings, Viettel Construction increased 2 places compared to 2023.

FORTUNE HONORS VIETTEL CONSTRUCTION IN THE TOP 500 LARGEST COMPANIES IN SOUTHEAST ASIA

Recently, the famous Fortune magazine announced the Top 500 largest companies in Southeast Asia in 57 fields, based on revenue criteria for the fiscal year 2023.

VIETTEL CONSTRUCTION EMPLOYEES BRAVELY SAVED GIRL IN THE HORROR LANDSLIDE IN HA GIANG

Mr. Nguyen Duc Tai recounted the moment when he and his nephew tried to run as fast as possible, behind them were thousands of blocks of rock and soil falling and the panicked screams of people during the terrible landslide in Ha Giang.

PEOPLE ARE ALLOWED TO SELL SOLAR ELECTRICITY BELOW 10% OF CAPACITY

Deputy Prime Minister Tran Hong Ha requested the Ministry of Industry and Trade to soon present a plan for people to resell excess rooftop solar power, but not more than 10% of capacity.

[06T.2024] Viettel Construction production and business news

Cumulatively in the first 6 months of 2024, Viettel Construction completed 45% of the revenue plan and 46% of the profit plan. The Corporation signed many telecommunications construction and installation projects, public investment, civil construction projects,... of great value. Fortune magazine ranked Viettel Construction in the Top 500 largest companies in Southeast Asia.

FOR THE 3RD CONSECUTIVE YEAR, VIETTEL CONSTRUCTION REACHED THE TOP 50 BEST LISTED COMPANIES IN VIETNAM (FORBES)

Forbes Vietnam magazine has just announced the list of 50 best listed companies in 2024. Based on the revenue and profit rankings, Viettel Construction increased 2 places compared to 2023.

FORTUNE HONORS VIETTEL CONSTRUCTION IN THE TOP 500 LARGEST COMPANIES IN SOUTHEAST ASIA

Recently, the famous Fortune magazine announced the Top 500 largest companies in Southeast Asia in 57 fields, based on revenue criteria for the fiscal year 2023.

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