The company reported after-tax profit of VNĐ107.75 billion in the six months, down by 35.21 per cent, due to higher fuel prices and operating expenses as well as continued restructuring and investment.
Viettel Group on June 10 announced that Viettel Post Corporation (Viettel Post) and Metfone (Viettel Cambodia) have launched Metfone Express, a new brand specialising in delivery and logistics services in Cambodia.
Metfone, the Cambodia-based affiliate of the military-run telecom group Viettel, and Angkok Dairy Products Co.Ltd (Angkormilk), two Vietnamese-invested firms, has signed a strategic cooperation agreement to develop telecommunications services and e- payments in Cambodia.
Amid the COVID-19 pandemic, many Vietnamese enterprises in Cambodia have tried their best to stand firm and have worked towards developing their business in the “new normal”.
Viettel Global Investment JSC, a subsidiary of Viettel Group, posted a gross profit of more than VND5.3 trillion (US$277.7 million) in 2018, the highest level in the past four years and representing a year-on-year increase of 19 per cent.
Metfone, the first telecommunications brand of Viettel in an overseas market, posted an accumulated revenue of more than US$2.2 billion in its first 10 years of operation.
Viettel Global Investment JSC, a subsidiary of Viettel Group, plans to
increase its charter capital by VND10 trillion (more than US$476
million) by selling one billion shares worth VND10,000 ($0.47) each held
by its owner.