MobiFone network, many Viettel companies in Fortune rankings

MobiFone and many subsidiaries of Viettel are listed in the Fortune 500 Southeast Asia. Photo: MobiFone .

The Fortune 500 is an annual ranking of companies based on revenue, published by Fortune magazine. This ranking system includes smaller regional lists such as China, Europe, and Southeast Asia. The 2025 Fortune 500 Southeast Asia was announced on June 17.

In 2025, Vietnam will have 76 enterprises in the ranking. Petrovietnam is ranked first with a revenue of more than 22 billion USD . The Vietnamese postal and telecommunications brands on the ranking, in descending order, are Viettel Global, MobiFone, Viettel Post and Viettel Construction.

Viettel Global is a brand of Viettel Group investing in telecommunications business in 10 countries. The revenue of this corporation in 2024, used in the 2025 Fortune 500 Southeast Asia ranking, recorded by Fortune is more than 1.4 billion USD .

MobiFone recorded revenue of 965.5 million USD by Fortune . This is the third largest network operator in Vietnam in terms of both market share and revenue. MobiFone's market share is currently 18.5%, behind VinaPhone's 22.8% and Viettel Telecom's 56.6%, according to a report by the Ministry of Science and Technology.

However, both Viettel Telecom and VinaPhone as well as their two parent corporations, Viettel Group and VNPT, are on Fortune's list.

MobiFone ranked higher than postal brand Viettel Post with revenue of more than 827 million USD and telecommunications construction brand Viettel Construction with revenue of 503 million USD .

Companies are ranked by their most recent fiscal year revenue ending on or before Dec. 31, 2024, and all companies on the list must publicly disclose financial data and report some or all of their figures to a government agency, according to Fortune's explanation of the ranking methodology.

Source: https://znews.vn/nha-mang-mobifone-nhieu-cong-ty-cua-viettel-vao-bang-xep-hang-fortune-post1561959.html