Viettel Global approves 2026 cash dividend payout at 33%

On April 23, 2026, Viettel Global (VGI) held its 2026 Annual General Meeting of Shareholders. In 2025, the group’s consolidated revenue reached VND 44,271 billion, up 25% year‑on‑year, the highest on record. Not only revenue, Viettel Global posted a gross margin at a record high of 51.3% and net income after tax of VND 11,250 billion, up 57% from the previous year. Net profit attributable to the parent company’s shareholders rose 65% to over VND 9,300 billion, with earnings per share above VND 3,000. The strong results supported a recovery in project returns, with return on invested capital for all projects at 91% by end‑2024 (86% in 2023). Viettel Global’s market capitalization on the stock market surpassed USD 10 billion. Four growth drivers for 2026: The group aims for consolidated revenue of VND 52,561 billion in 2026 and plans to spend over VND 10,044 billion to pay the 2025 cash dividend, corresponding to 33% (3,300 dong per share). Growth will be driven by four parallel engines: traditional telecommunications, digital services, new business areas, and market expansion. At the AGM, management noted that 2025 marked a strategic shift as four country markets (Timor‑Leste, Tanzania, Burundi, and Cambodia) were granted additional 5G spectrum. This is a critical step to deploy advanced technology infrastructure and expand business scope in the coming period. In addition, markets also launched 5G services following pilot testing. To date, Viettel Global has five main markets officially operating 5G: Laos, Cambodia, Timor‑Leste, Burundi, Tanzania. More importantly, 2025 opened a promising chapter as Viettel Global pushed to diversify beyond traditional telecom to broaden growth space. The company has officially launched Logistics services in Laos and is studying the model for Cambodia and Myanmar. In renewable energy, Viettel Global is intensifying feasibility studies for solar projects in Mozambique and Myanmar to optimize existing infrastructure resources. Notably, the digital services and financial sectors recorded breakthroughs with the establishment of NatTransfer in Haiti. This company focuses on money‑transfer services and marks a strategic step in expanding the digital financial ecosystem across Viettel Global’s markets. Viettel Global is also actively exploring investment opportunities in the Dominican Republic, Eswatini, Panama, and Ecuador, with negotiations and studies in the Dominican Republic achieving several advances. At the meeting, Viettel Global CEO Nguyen Thi Hoa stated: “Our strength in competing internationally lies in people; the core value is the soldier‑ethos: not afraid of difficulties, not afraid of hardship, proactive, resourceful, and bold.”