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According to shareholder meeting documents (ĐHĐCĐ) scheduled for the afternoon of 23 April 2026, Viettel Global Joint Stock Company (Viettel Global, ticker: VGI) sets a 2026 consolidated revenue target of 52,561 billion dong—the highest in its history. The company also plans to pay cash dividends at a rate of 33%.
In 2025, Viettel Global reported double-digit growth. Consolidated net revenue reached 44,271 billion dong, up 25% year-on-year, the highest level recorded by the company. The results are presented as a solid foundation for the 2026 targets.
Viettel Global also recorded additional records in 2025, including a peak gross profit margin of 51.3% and net profit of 11,250 billion dong, up 57% year-on-year. With this performance, the company ranks among the top 15 profit-making units on the Vietnamese stock market and fifth when banks are excluded.
Net profit attributable to shareholders of the parent company rose 65% to over 9,300 billion dong. Earnings per share (EPS) exceeded 3,000 dong. The company had already paid the 2025 cash dividend at 7.5%.
Solid business results supported a project-wide capital recovery ratio of 92%, compared with 86% at end-2024.
On the stock market, Viettel Global’s market capitalization surpassed USD 10 billion.
On 28 March 2026, during Viettel’s 20th anniversary celebration, Viettel Global (VGI) was honored by General Phan Văn Giang, a Politburo member and Minister of National Defence, on behalf of the Party and State, with the title Hero of Labour.
Viettel Global’s global expansion has included operations in markets viewed as difficult for international telecom investors.
In Cambodia, the foreign market Viettel entered through Metfone obtained a license as the 8th operator. Viettel built a network covering most of the population, contributing to universal telecommunications and internet access, including in rural and border areas. Metfone is now the largest operator in Cambodia and is described as making significant contributions to the country’s budget and social programs.
In Haiti, Viettel began after a 2010 earthquake damaged much of the country’s infrastructure. Although Viettel initially committed to invest before building a network, it remained committed after the disaster, sending engineers and starting to build the telecommunications system largely from scratch. The company states that Haiti now has the largest fiber optic infrastructure in the Caribbean. Viettel’s mobile operator Natcom is described as helping people access mobile telecommunications and creating jobs for more than 100,000.
In Burundi, Viettel launched Lumitel in a short time. Around the time of launch, a coup occurred. While other operators froze or withdrew, Viettel personnel stayed and, six months later, rose to the top position, winning public trust.
Chairman of Viettel Group Ta Duc Thang said the “Bộ đội Cụ Hồ” ethos has become a source of strength that helps Viettel’s staff overcome difficulties and persist in building and expanding Vietnamese telecom brands in overseas markets.
Viettel’s leadership stated that, in line with the mission of global business, Viettel will continue to develop its telecommunications segment and expand into new areas such as digital technology, high-tech dual-use industry, e-commerce, and logistics. The company also set a goal of 20% annual growth and plans to continue expanding into new markets while facing new challenges.
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