Vietnam Posts and Telecommunications Group | |
Trading Name: | VNPT |
Native Name: | Tập đoàn Bưu chính Viễn thông Việt Nam |
Type: | State-owned company |
Location: | 57 Huynh Thuc Khang Str., Lang Ha Ward, Dong Da District, Hanoi, Vietnam |
Key People: | Tô Dung Thai, Chairman Huynh Quang Liem, President & CEO |
Industry: | Telecommunications |
Products: | Switching Equipment Power Supply Equipment Transmission Equipment Terminal Equipment Connection Equipment & Accessories Lightning Protection Equipment Optical Cables Copper Cables Software Manufactures |
Brands: | VinaPhone |
Services: | Data Transmission Services Video Transmission Services Satellite Services Information System Solutions Telephone Services Postal Services |
Revenue: | 144.747 trillion VND (around $6.5bn)[1] |
Operating Income: | 9.126 trillion VND (around $400m)[2] |
Owner: | Government of Vietnam |
Num Employees: | >30,000 |
Vietnam Posts and Telecommunications Group, operating as its initialism VNPT, is a telecommunications company, owned by the Vietnamese Government, and was once the national post office of Vietnam. According to a list of UNDP in 2007, it is the second-largest company in Vietnam. It owns VinaPhone, one of the three largest mobile network operators in Vietnam.
VNPT was established on April 30, 1995.[3] [4] On March 26, 2006, it was formally restructured and operated under a new model.[5] [6] According to the decision of the Prime Minister, VNPT converted from the Corporation model to the Group model..[7] [8]
On June 24, 2010, VNPT changed its operating mode. According to Decision No. 955/QD-TTg of the Prime Minister of Vietnam, VNPT converted to a single-member limited liability company model owned by the State.[9] [10] [11] In 2010, VNPT was awarded the title of Hero of Labor by the Vietnamese government for its many achievements from 1999 to 2008.[12] [13]
VNPT is granted the right by the Vietnamese Government to operate and exploit the two satellites VINASAT-1 and VINASAT-2.[14] [15]