Viettel Global posts record revenue and profit growth in H1 2026

Viettel Global, the overseas arm of Vietnam's state‑owned telecom group Viettel, announced a 28% increase in Q2 2026 revenue to 13.610 trillion VND and a 23% rise in profit after tax to 4.005 trillion VND. For the first half of 2026 the company posted total revenue of 26.178 trillion VND and profit after tax of 6.334 trillion VND, a 122% jump year‑on‑year. The group’s operations span Africa, Latin America and Southeast Asia, with markets that include Haiti, Cambodia, Laos, East Timor, Myanmar, Mozambique, Tanzania, Burundi and an investment in Cameroon. Viettel Global paid nearly 5.964 trillion VND in taxes across Vietnam and its overseas locations and employed 5,888 staff as of 30 June 2026.

At a recent forum on state‑owned enterprise leadership, officials highlighted Viettel as a model for modern corporate governance. Deputy Director Nguyễn Thu Thủy of the Ministry of Finance outlined Resolution 79, which aims for 1‑3 Vietnamese SOEs to rank among the world’s 500 largest firms by 2030 and calls for full OECD‑aligned management practices, including performance‑linked bonuses. Researchers such as Nguyễn Tú Anh emphasized the need for robust institutional frameworks to balance risk and reward in state‑owned enterprises.