Viettel Global Achieves Over 20% Growth for 8 Consecutive Quarters, Post-Tax Profit Surpasses 7.4 Trillion VND in 9 Months

Viettel Global (stock code: VGI) has released its consolidated financial report for Q3/2025, showcasing remarkable growth in both revenue and profit, marking another quarter of exceptional business performance.

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In Q3, consolidated sales revenue and service provision reached VND 11,622 billion, a 27% increase compared to Q3/2024. This marks the 8th consecutive quarter the company has maintained a growth rate exceeding 20%. After-tax profit hit VND 4,160 billion, a 569% surge year-over-year, setting a new quarterly profit record and marking the best growth for Viettel Global.

Notably, all markets where Viettel operates saw significant revenue growth. Highlights include Viettel Tanzania (+46%), Viettel Haiti (+32%), and Viettel Myanmar (+31%). Even in markets where Viettel holds over 70% market share, such as Burundi and Lumitel, growth reached up to 40%.

In saturated markets like Cambodia, Timor-Leste, and Laos, Viettel maintained strong growth at 16%, 14%, and 12%, respectively. Viettel Global retained its leading position in telecommunications across most markets and expanded its growth into digital services. Digital wallet companies saw impressive growth, including U-money in Laos (+64%), Halopesa in Tanzania (+45%), e-Money in Cambodia (+44%), Mosan in Timor-Leste (+38%), e-Mola in Mozambique (+36%), and Lumicash in Burundi (+32%).

For the first nine months, VGI’s net revenue reached VND 31,881 billion, 24% higher than the same period last year. After-tax profit stood at VND 7,427 billion, more than double the figure from the first nine months of 2024.

Beyond revenue and profit growth, Viettel Global’s asset scale also improved significantly. As of September 30, 2025, total consolidated assets reached VND 73,877 billion, an increase of VND 10,438 billion (16%) compared to the beginning of the year.

In October, Viettel Laos (Unitel) launched Unitel Logistics, positioning Unitel as a multi-service technology group in Laos. This initiative symbolizes modern, stable, and effective cooperation between the Ministries of Defense of Vietnam and Laos, setting a model for economic and defense collaboration in the digital era. This strategic move underscores Viettel Global’s efforts to expand beyond traditional telecommunications.

Q3/2025 also marked Viettel Timor becoming the first operator to officially launch 5G services in Timor-Leste. The 5G inauguration, combined with the Telemor Expo, was attended by Prime Minister Kay Rala Xanana Gusmão and other national leaders, who experienced the service firsthand.

With robust business results and strategic expansion initiatives, Viettel Global continues to solidify its position as Vietnam’s leading international telecommunications investor. The company maintains steady growth and strengthens its financial foundation for long-term development.

Services

Minh Tài

– 15:30 30/10/2025

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