Viettel's Milestones in 2024

Viettel has overcome challenges both domestically and internationally to make 2024 a successful year in all areas, affirming its stature as a pioneering and leading corporation in the digital era - a source of pride for Vietnam and its people on the world map.

1. Viettel welcomed many high-ranking leaders of the Party and State.

In 2024, Viettel welcomed numerous high-ranking delegations from the Vietnamese Party and State, as well as from many countries around the world. General Secretary To Lam, then President of Vietnam, visited Viettel's headquarters in Laos and Cambodia. Prime Minister Pham Minh Chinh visited and worked with Unitel. President Luong Cuong visited and encouraged Viettel's staff and workers in Peru, and awarded the title of Hero of the Armed Forces to the Viettel Aerospace Institute. General Phan Van Giang, Minister of National Defense, awarded the Second Class Labor Order to Unitel and Metfone.

2. Adding new strategic pillars and appointing several key leaders.

The appointment decisions were presented to two Deputy General Directors of the Group: Lieutenant Colonel Cao Anh Son and Lieutenant Colonel Nguyen Dat.

Viettel has appointed two Deputy General Directors of the Group: Lieutenant Colonel Cao Anh Son and Lieutenant Colonel Nguyen Dat. The Group is also successfully implementing its restructuring plan, establishing the Semiconductor Technology Department, the Customer Service Company, the Information Technology Center, the Shared Services Center, and transforming several other units according to the new model. In 2024, Viettel aims to make AI (artificial intelligence) a key strategic pillar of the Group, with the goal of leading in infrastructure, human resources, and application platforms, integrating AI into all internal operations and across all sectors of social life.

3. Double-digit growth after 7 years

Viettel's consolidated revenue in 2024 was 190 trillion VND, achieving 103% of the plan.

Viettel's consolidated revenue in 2024 was 190 trillion VND, achieving 103% of the plan, a growth of 10.3% - the highest in the industry and reaching double digits after 7 years.

4. Successfully completed the 2G to 4G transition program.

Viettel successfully converted 6.5 million 2G subscribers to 4G before discontinuing its 2G-Only service.

Viettel successfully converted 6.5 million 2G subscribers to 4G before discontinuing its 2G-Only service, and also installed more than 6,000 additional BTS stations, expanding 4G coverage to 98% of the population.

5. Officially launched 5G services in many countries.

Viettel was the first company to officially provide 5G services in Vietnam, boasting the widest coverage, most advanced technology, best quality, and most diverse services. Viettel is among the top 5% of network operators simultaneously deploying both 5G SA and NSA architecture platforms. Along with Vietnam, Viettel has also officially launched 5G services in Peru and Laos. In Burundi, Viettel is the first and only network operator to be granted free 5G trial frequency licenses by the government .

6. Viettel's overseas markets continue to experience strong growth.

Viettel's service revenue from international markets increased by 17.3%.

In 2024, despite continuing to face political instability, high inflation, and exchange rate fluctuations, Viettel's service revenue from international markets increased by 17.3%, contributing 80% to the Group's overall growth and exceeding the global average by more than seven times. This marks the eighth consecutive year of double-digit growth for Viettel's overseas markets. The e-wallet service continued to be a breakthrough highlight, particularly in Africa, contributing over 20% of the additional revenue.

7. Opening of Vietnam's largest data center.

The Viettel Hoa Lac data center has commenced operations with 60,000 servers, over 2,400 racks, 21,000m2 of floor space, and a capacity of 30MW.

The Viettel Hoa Lac Data Center commenced operations with 60,000 servers, over 2,400 racks, 21,000m2 of floor space, and a capacity of 30MW, double the average, meeting the development trend of AI with the requirement for high-performance chips and increased computing power. This is the largest data center in Vietnam, equivalent to a super data center in the world, demonstrating Viettel's commitment to promoting modern and secure digital infrastructure for the nation. The Viettel Hoa Lac Data Center also possesses the latest green technology, using renewable energy to supply 30% of its electricity consumption.

8. Two units within the Group received the Hero title.

President Luong Cuong congratulated and bestowed the title of Hero of the People's Armed Forces upon Viettel Aerospace Institute.

The Viettel Aerospace Institute received the title of Hero of the People's Armed Forces for its exceptionally outstanding achievements in the research, design, and manufacturing of high-tech, next-generation strategic weapons, contributing to the cause of building socialism and defending the Fatherland. President Luong Cuong came to congratulate and present this prestigious title; the Viettel Construction Corporation was also awarded the title of Hero of Labor by the President for its outstanding achievements in labor, creativity, application, and technological innovation, contributing to the building of the Army and the socio-economic development of the country, consolidating national security and defense, and protecting the Fatherland.

9. Viettel announces the large-scale commercialization of 5G base stations.

Viettel has commercialized the world's first 5G Open RAN base station using a chipset jointly researched and developed by Viettel and Qualcomm.

Viettel and Qualcomm have launched the world's first 5G Open RAN base station using a chipset jointly researched and developed.

Viettel has commercialized the world's first 5G Open RAN base station using a chipset jointly researched and developed by Viettel and Qualcomm. With this device, Viettel has completed its comprehensive 5G solution portfolio, from core networks to radio modules, capable of providing solutions for customers deploying private or public networks. Currently, Viettel is accelerating the production of the 32T32R 5G Open RAN base station, aiming to put 500 stations into operation on the network in Vietnam by 2025 and expand internationally, affirming its ability to master technology in the field of telecommunications.

10. Bring the first logistics park in Vietnam into operation.

Viettel Logistics Park Opens in Lang Son

Viettel has inaugurated the Viettel Logistics Park in Lang Son, providing comprehensive logistics services to enhance import and export capabilities and shorten customs clearance times. This is the first logistics park in Vietnam, with the mission of becoming one of the important infrastructure platforms of the digital economy.

11. Champion for two consecutive years at the "World Cup" of cybersecurity.

Viettel's cybersecurity team has won the championship for the second time at Pwn2Own, the world's largest cybersecurity competition.

Viettel's cybersecurity team has won the championship for the second time at Pwn2Own, the world's largest cybersecurity competition. Prime Minister Pham Minh Chinh sent a congratulatory letter, praising the achievements and outstanding progress of Viettel engineers at the world's largest cyberattack competition.

12. A world-leading brand in sustainable development.

In Fortune's "Change the World 2024" ranking, Viettel ranked 3rd out of 50 global companies making significant contributions to sustainable development and positively impacting society. Viettel is the only Vietnamese company on the list and impressed with its efforts to improve the quality of education through its school internet project in Vietnam and 10 overseas markets. In 2024, Brand Finance also announced that Viettel has been the most valuable brand in Vietnam for nine consecutive years, and is also the number one telecommunications brand in Southeast Asia, ranking 9th in Asia and 16th globally.

Source: https://daibieunhandan.vn/dau-an-viettel-2024-post402356.html