Viettel
- Company typePrivate
- Founded1989
- HeadquartersHanoi, Vietnam
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingServices
Viettel firmographics
Firmographics- Name
- Viettel
- Legal name
- Tập đoàn Công nghiệp - Viễn thông Quân đội (Viettel Group)
- Website
- https://viettel.com.vn
- Company type
- Private
- Founded year
- 1989
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Ownership category
- akta.pro rank
Viettel industry classification
Industry- Product category
- Telecommunications Services
- NAICS
- Communications Equipment Manufacturing (3342), Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing (334220)
- SIC
- Communications Equipment, Nec (3669), Computer Communications Equipment (3576), Radio & Tv Broadcasting & Communications Equipment (3663)
- akta.pro primary industry
- Industrial/OT Private Connectivity (Factory, Mining, Ports) (HDAIAGAD)
Keywords
Where Viettel is headquartered
LocationHeadquarters
- HQ city
- Hanoi
- HQ country
- Vietnam
- HQ region
- Asia
Offices17 records
Markets served
Viettel business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Infrastructure, Technology or R&D, Personnel, Operations, Supply Chain, Marketing or Sales
Revenue model
- Telecommunications Services: Mobile services, broadband internet, and leased line services generating primary revenue through subscription and usage-based models
- Digital Infrastructure Services: Cloud services, data center operations, network management, and tower leasing (TowerCo) services for enterprises and other telecom operators
- Digital Finance: Viettel Money ecosystem including e-wallets, payment services, credit platforms, insurance, and investment services
- Digital Solutions: Government digital transformation, healthcare IT, education platforms, and smart city solutions sold to enterprise and government clients
- High-Tech Industrial Products: Telecom equipment manufacturing, defense electronics, AI cameras, IoT devices, and maritime electronics
- International Operations: Telecom services in 10 international markets generating approximately USD 1.74 billion in net revenue in 2025
- Content and Entertainment: Digital content services including TV360, Mocha, Keeng, and MyClip platforms
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Mobile telecommunications services for consumers |
| Subscription | Annual | Enterprise and government digital solutions |
| Freemium | Pay-as-you-go | Viettel Money digital financial services |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels7 records
Viettel product offering
Product offeringCore offering
Viettel is a state-owned Vietnamese technology and telecommunications group that delivers mobile telecommunications, broadband internet, and digital services to consumers, alongside enterprise and government digital transformation, cloud, cybersecurity, and smart city solutions. The group also manufactures proprietary 5G network equipment, AI chipsets, maritime electronics, and is constructing Vietnam's first semiconductor fabrication plant, while operating international telecom brands in 10 countries across Asia, Africa, and Latin America serving more than 270 million customers.
Product overview
Viettel is a state-owned Vietnamese technology and telecommunications group operating as a diversified digital services provider. Its portfolio spans six core verticals: Digital Infrastructure (telecom, data centers, cloud), Digital Finance (Viettel Money e-wallet, payments, credit, insurance, investment), Digital Solutions (smart city IOC, e-government, e-health, e-education, smart traffic, logistics), Digital Content (TV360 streaming, Mocha super app, Keeng music/video, MyClip video social network, Tiin.vn news), Cybersecurity (SOC, anti-DDoS, APT protection, Cloudrity WAF, enterprise security, telecom anomaly detection), and High-Tech Industry (5G/AI chipsets, semiconductor fab, maritime electronics, defense equipment, AI cameras, IoT platforms, satellite/LLE connectivity). The company also operates 10 international telecom brands across Asia, Africa, and Latin America.
Differentiator
Problem solved
Functional benefit
Brands
- Bitel: Telecommunications brand operating in Peru
- Mytel
- Lumitel
- Unitel
- Movitel
- Natcom
- Telemor
- Metfone
- Halotel
- Nexttel
- Viettel Money
- Viettel 5G Equipment
- TV360
- Mocha
- Keeng
- Viettel Telehealth
- SMAS
- ePass
- Viettel vEHR
- Viettel Flagship Camera
- Viettel AIS
- VIPPhone
- Cloudrity
Products and services
- Mobile Telecommunications Services Consumer mobile voice, SMS, and data services with prepaid and postpaid plans across Vietnam and 10 international markets, supported by a 5G network covering 90% of Vietnam's population and serving more than 270 million customers globally.
- Viettel Money Digital finance ecosystem enabling money transfers, mobile payments, e-wallet transactions, credit/loans, insurance, and investment using just a phone number. Distributed via app and 50,000+ agent points with 4,000 direct stores.
Quantifiable outcome
- VND 220.4 trillion ($8.39 billion) revenue in 2025, up 13.8% YoY
- +5 more outcomes
Companies that use Viettel
Customer profileNamed customers7 records
Segments4 records
Ideal customer profiles3 records
Viettel technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration25 records
AI capability15 records
Feature7 records
Viettel partnerships and signals
Strategic signalPartnerships
23 partnerships are on record, tiered core, strategic and minor.
- Qualcomm TechnologiescoreViettel became the first worldwide partner to join Qualcomm's Early Access Program for 6G development, gaining early access to chipset platforms and development tools for open RAN-based 5G equipment and joint 6G research. Partnership aims to complete first pre-commercial 6G voice call by early 2029 using Viettel's network infrastructure.
- TSMCstrategicMemorandum of cooperation signed at Vietnam National Multi-Project Wafer Coordination Centre launch for semiconductor chip development.
- InfineonstrategicMemorandum of cooperation for semiconductor chip development at national center.
- AmkorstrategicMemorandum of cooperation for semiconductor packaging and testing capabilities.
- CadencestrategicMemorandum of cooperation for semiconductor design tools and IP.
- SynopsysstrategicMemorandum of cooperation for semiconductor design automation.
- FPT CorporationstrategicCollaboration with FPT on national AI applications as part of Nvidia-FPT Nemotron-Personas-Vietnam dataset initiative with 900,000 synthetic personas.
- NVIDIAcoreViettel partnered with NVIDIA to develop sovereign AI ecosystem in Vietnam, deploying NVIDIA DGX B200 systems capable of 1.5 exaFLOPs and building Vietnamese large language models with over 30 billion parameters based on NVIDIA Nemotron platform.
- Aduna GlobalminorAduna Global partnership for Network API collaboration, expanding API ecosystem integration.
- Intelcore5G technology and infrastructure partnership signed at MWC Barcelona 2026.
- AMDcoreHigh-performance computing and semiconductor partnership at MWC 2026.
- Qualcomm TechnologiescoreMoU to co-develop flagship smartphone line featuring Viettel's Agentic AI software ecosystem, with Qualcomm providing reference designs and technical support while Viettel leads development, manufacturing, and commercialization.
- EricssoncoreViettel Networks and Ericsson signed cooperation agreement at MWC 2026 to jointly develop autonomous telecom networks using AI and automation technologies. Ericsson provides network automation platforms and AI technologies while both companies conduct real-world trials.
- EricssoncoreMoU for advancing autonomous network development through joint R&D activities, lab trials, and validations. Focus on AI-driven closed-loop automation, network orchestration, and RAN optimization.
- ST EngineeringstrategicSingapore-based technology company partnership for aerospace, digital transformation, cybersecurity, AI, and cloud technologies as part of Singapore representative office inauguration.
- HoneywellstrategicPartnership agreement signed during Singapore office inauguration for aerospace and digital infrastructure collaboration.
- AirbusstrategicPartnership for aerospace technologies and digital infrastructure development.
- FPT CorporationcorePartnership agreement signed at FPT's advanced semiconductor testing and packaging plant inauguration to advance end-to-end semiconductor capabilities across research, design, fabrication, testing, packaging, and commercialization.
- IntelcorePartnership for semiconductor development and technology transfer as part of Vietnam National Semiconductor Chip Pilot Production Centre with 19 domestic and international partners.
- Cloud Native Computing Foundation (CNCF)strategicViettel joined CNCF as Gold Member to advance open source cloud native technologies, contributing operational expertise from telecom environments to CNCF community.
- EDGE GroupstrategicMoU signed at Dubai Airshow 2025 to collaborate on high-tech defence products, research, and technology transfer for OEM manufacturing in Vietnam.
- Ordefence Systems (Adani Group)strategicStrategic cooperation agreement with Adani Group subsidiary at Defense & Security Exhibition 2025 in Thailand to develop and commercialize defense and dual-use products under OEM model with technology transfer.
- KT CorporationstrategicPartnership to establish national AI strategy and promote autonomous transformation across industries, following May 2025 initial partnership.
Scale indicators14 records
Recent moves11 records
Expansion highlights5 records
Viettel competitors and assessment
Company assessmentDirect peers
- VNPT: Vietnam Posts and Telecommunications Group is Vietnam's second-largest state-owned telecom operator and Viettel's primary domestic competitor in mobile, broadband, and enterprise services. Both are state-owned enterprises competing for Vietnamese government and enterprise digital transformation contracts.
- MobiFone: MobiFone is Vietnam's third major mobile operator and a direct domestic competitor to Viettel in mobile services. Both participate in Vietnam's CBDC pilot and share spectrum/enterprise markets, making them the closest peers for Vietnamese telecom dynamics.
- Axiata Group: Axiata operates mobile networks across multiple Asian emerging markets (Malaysia, Indonesia, Bangladesh, Sri Lanka, Cambodia, Nepal) — mirroring Viettel's multi-country emerging-markets playbook and digital services expansion (e.g., Boost fintech, enterprise solutions).
- MTN Group: MTN is Africa's largest mobile operator with operations across 20+ emerging markets in Africa and the Middle East. Shares Viettel's playbook of dominant market positions in developing economies, mobile money (MoMo), and enterprise digital services expansion.
Broad incumbents
- Singtel: Singtel is Southeast Asia's largest telecom conglomerate with similar international diversification across Asia, Africa, and Australia. Comparable business model of consumer telecom plus enterprise digital services, advanced 5G deployment, and regional data center operations.
- Huawei: Huawei is a global telecom equipment and 5G infrastructure provider that competes with Viettel's self-developed 5G equipment across emerging markets. Viettel's Open RAN and chip development is partly positioned as an alternative to Huawei-dominated network infrastructure.
- Reliance Jio: Jio disrupted the Indian telecom market with affordable 4G/5G services, digital platforms (JioFiber, JioMart), and proprietary technology stack. Comparable scale, emerging-market leadership, and full-stack digital services ambitions to Viettel.
Regional players
- PLDT: PLDT is the Philippines' largest telecom operator with mobile, fixed broadband, and enterprise services. Comparable Southeast Asian incumbent profile and digital services strategy, though Viettel has broader geographic diversification.
- Ethio Telecom: Ethio Telecom is Ethiopia's state-owned telecom monopoly with mobile money and digital services expansion. Similar SOE structure, emerging-market focus, and government-backed expansion to Viettel in some markets.
Emerging players
- FPT Corporation: FPT is Vietnam's leading private IT services and telecom firm with semiconductor testing/packaging capabilities. Direct partner in Vietnam's national semiconductor initiative with Viettel, and a competitor in digital transformation, AI, and IT services in Vietnam.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat7 records
Key risks6 records
Key highlights7 records
Customer concentration
Viettel social profiles
Digital presenceViettel compliance and trust
Trust signalCompliance6 records
Viettel financial estimates
Financial estimateRevenue estimate
Valuation estimate
Viettel leadership team
Management profileNumber of profiles
Profiles9 records
Viettel subsidiaries and ownership
Company hierarchySubsidiaries22 records
Viettel funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Viettel M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Viettel
What does Viettel do?
Viettel is a state-owned Vietnamese technology and telecommunications group that delivers mobile telecommunications, broadband internet, and digital services to consumers, alongside enterprise and government digital transformation, cloud, cybersecurity, and smart city solutions. The group also manufactures proprietary 5G network equipment, AI chipsets, maritime electronics, and is constructing Vietnam's first semiconductor fabrication plant, while operating international telecom brands in 10 countries across Asia, Africa, and Latin America serving more than 270 million customers.
Is Viettel a public or private company?
Viettel is a private company. It is classified as state government owned and is currently operating.
When was Viettel founded?
Viettel was founded in 1989. It employs 5,001 to 10,000 people.
Where is Viettel based?
Viettel is headquartered in Hanoi, Vietnam, in the Asia region.
How does Viettel make money?
Seven revenue lines are on record. Telecommunications Services are the primary driver. The others are digital Infrastructure Services, digital Finance, digital Solutions, high-Tech Industrial Products, international Operations and content and Entertainment.
Who are Viettel's main competitors?
Direct peers on record are VNPT, MobiFone, Axiata Group and MTN Group. Broad incumbents are Singtel, Huawei and Reliance Jio. Regional players are PLDT and Ethio Telecom. FPT Corporation is listed as an emerging player.
Does Viettel have an API?
No public API is recorded for Viettel.
What industry is Viettel in?
Viettel's product category is Telecommunications Services. Its primary akta.pro industry code is HDAIAGAD, Industrial/OT Private Connectivity (Factory, Mining, Ports). Its NAICS code is 3342 and its SIC code is 3669.