Viettel Post: A journey of transformation fraught with challenges

In the context of a fiercely competitive logistics industry, businesses are continuously investing in infrastructure, technology, and expanding their ecosystems to seek new growth opportunities. However, along with the ambition for development comes pressure on investment capital, operational efficiency, and execution capacity. The story of a large logistics company today clearly illustrates the challenges of the transition from delivery to integrated logistics.

Báo Đại biểu Nhân dân•12/06/2026

Viettel Post's Q1/2026 business results are not just a report, but a true reflection of the challenges the company is facing. .

Viettel Post's "Go Global" strategy, with its expansion into the Chinese market through Viettel Post Logistics and Trading Company Limited in Guangxi, is considered a new spearhead. .

However, amidst volatile fuel prices, rising operating costs, and fierce competition from cross-border express delivery companies, the ambition to increase foreign revenue to 15% in the next five years is proving to be a daunting task.

You may also like

Hanoi Capital City Planning Vision 100 Years: What Makes the $4.2 Billion North Hanoi Smart City Project Different?In the recently announced Master Plan for the Capital City with a 100-year vision, the North Hanoi Smart City is one of the key projects. This mega-city, spanning over 270 hectares and with an investment of $4.2 billion, is envisioned to become a model of a smart and sustainable urban area.

List of 12 groups of goods that require customs procedures at the import border gate.Decision No. 31/2026/QD-TTg, recently issued, stipulates that 12 groups of imported goods must undergo customs procedures at the port of entry, and also specifies cases where procedures can be carried out outside the port of entry.

World gold and silver prices showed mixed movements on the morning of July 1st.Today, July 1st, gold and silver prices show a clear contrast. While gold prices have fallen slightly, silver prices have increased by 0.50%. The US economic situation and geopolitical factors are strongly impacting current gold and silver prices.

In the domestic market, where Viettel Post once confidently held a leading position, the reality is now witnessing fierce competition in terms of price and service quality. These units not only have to compete with each other but also have to deal with the problem of inventory increasing 2.2 times in the first quarter of 2026. .

Viettel Post's target of achieving 80,000 billion VND in revenue by 2030 is an ambitious goal. To realize this objective, the company will need to continue expanding its logistics scale, increasing the proportion of revenue from new areas, and improving the efficiency of its invested infrastructure.

The period from 2026 to 2030 will be a crucial time to test the effectiveness of the logistics strategy that businesses are pursuing. Investments in infrastructure, technology, and operational networks will need time to yield results. The success of this process will depend on the ability to translate the scale of investment into business efficiency and genuine competitiveness in the market.

United States - Vietnam: Don't miss

Vietnam encourages US businesses to expand investment in high technology.On the morning of June 26th, at the Government Headquarters, Deputy Prime Minister Ho Quoc Dung received Mr. Jeff Place, Supply Chain Director of Coherent Group (USA). During the meeting, the Deputy Prime Minister affirmed that Vietnam encourages US businesses to expand investment, especially in high-tech, innovation, and semiconductor industries.

Encourage U.S. businesses to expand investment in high-tech sectors.Deputy Prime Minister Ho Quoc Dung said that Vietnam welcomes US businesses to continue expanding their operations in Vietnam, especially in high-tech industries and sectors with high added value.