Vietnam Posts and Telecommunications Group

Vietnam Posts and Telecommunications Group
VNPT
Native name
Tập đoàn Bưu chính Viễn thông Việt Nam
Company typeState-owned company
IndustryTelecommunications
Founded26 March 2006 (2006-03-26)
Headquarters57 Huynh Thuc Khang Str., Lang Ha Ward, Dong Da District, Hanoi, Vietnam
Key people
Tô Dung Thai, Chairman
Huynh Quang Liem, President & CEO
ProductsSwitching Equipment
Power Supply Equipment
Transmission Equipment
Terminal Equipment
Connection Equipment & Accessories
Lightning Protection Equipment
Optical Cables
Copper Cables
Software Manufactures
BrandsVinaPhone
ServicesData Transmission Services
Video Transmission Services
Satellite Services
Information System Solutions
Telephone Services
Postal Services
Revenue144.747 trillion VND (around $6.5bn)
9.126 trillion VND (around $400m)
OwnerMinistry of Finance
Number of employees
>30,000
Websitevnpt.com.vn

Vietnam Posts and Telecommunications Group (Vietnamese: Tập đoàn Bưu chính Viễn thông Việt Nam), operating as its initialism VNPT, is a telecommunications company, owned by the Ministry of Finance, 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 30 April 1995. On 26 March 2006, it was formally restructured and operated under a new model. According to the decision of the Prime Minister, VNPT converted from the Corporation model to the Group model.

On 24 June 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. In 2010, VNPT was awarded the title of Hero of Labor by the Vietnamese government for its many achievements from 1999 to 2008.

VNPT is granted the right by the Vietnamese Government to operate and exploit the two satellites VINASAT-1 and VINASAT-2.