4 Biggest Telecom Operators in Vietnam
Author: BUKA CHINA SKYLINE TELECOM CLOUD SMS PLATFORM Release time:Vietnam has been quite active in its economic development in the recent decade. The rising of the economy makes telecom businesses thrive. More businesses mean more communication.
In Vietnam, 4 major telecom operators control the market. This article will give a general introduction of them.
BUKA international communication platform has cooperated with 2 of these 4: VNPT and Viettel.
VNPT
Vietnam Posts and Telecommunications Group, commonly abbreviated as VNPT, is a telecommunications company, owned by the Vietnamese Government, and the national post office of Vietnam.
According to a list of UNDP in 2007, it is the second-largest company in Vietnam, just after the Vietnam Bank for Agricultural and Rural Development. It owns Vinaphone, one of the three largest mobile network operators in Vietnam.
The main business activities of VNPT include
1. Financial investment and capital trading in domestic and foreign markets;
2. Post, telecommunications, IT, and backbone-based services in domestic and foreign markets, communications, and advertisements;
3. Exploration, consultation, design, installation, and maintenance of telecommunications and IT works;
4. Manufacturing, production, import-export, and supply of telecommunications and IT materials, and equipment;
5. Office and real estate for release.
Viettle
Viettel Group is a Vietnamese multinational telecommunications company headquartered in Hanoi, Vietnam. Viettel is the largest telecommunications service provider in Vietnam. It is a state-owned enterprise and operated by the Ministry of Defence.
Viettel Telecom is currently the dominant network operator with the largest market share in the Vietnamese telecommunications services market. For 30 years, Viettel has grown from a construction company to a complex of five business lines including telecommunications and information technology (IT); research and manufacture of electronic and telecommunications equipment; defense industry; cyber security, and digital services.
Viettel is considered one of the largest and most effective state-owned enterprises of Vietnam, thanks to its highest revenue, the largest contribution to the State budget, and the highest brand value.
Since 2000, Viettel has earned VND 1.78 quadrillion of revenue whereas its profit, owner's equity and return on equity reached VND 334 trillion, VND 134 trillion, and 30%-40%, respectively. Viettel has spent VND 3,500 billion in CSR activities.
As of 2018, Viettel had 50,000 employees inside and outside the country and served 110 million subscribers.
Vinaphone
Vinaphone is a Vietnamese major mobile network operator headquartered in Hanoi, Vietnam. Founded on 26 June 1996, as a GSM launcher, Vinaphone is the second network (after MobiFone) and currently the second-largest provider in Vietnam. VinaPhone was the first network operator to launch 3G services nationwide.
As a member unit of Vietnam Post and Telecommunications Corporation, in 1999 VinaPhone was the first network to cover service in 100% of provinces and cities. After 7 years, in June 2006, VinaPhone was once again the first mobile network to cover service in 100% of districts nationwide, including districts in mountainous or remote areas. Currently, VinaPhone provides services with 6 prefix numbers (091, 094, 083, 085, 087, 089) for about 36 million real subscribers.
MobiFone
Vietnam Mobile Telecom Services One Member Limited Liability Company is a major Vietnamese mobile network operator headquartered in Trung Hoa Nhan Chinh, Hanoi. Founded on 16 April 1993, as a Global System for Mobile Communications launcher, MobiFone is the first and currently third-largest telecommunications provider in Vietnam.
MobiFone had a market share (estimated based on revenues) of 17.9% in 2012. Its main competitors are Viettel with 40.67% market share and Vinaphone with 30%, which is also owned by VNPT. Together, the big three control almost 90% of the market, with the rest controlled by Vietnamobile with 8%, Gmobile (formerly Beeline) with 3.2%, and S-Fone with 0.1%.
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