On April 22 trading session, Viettel group stocks rose sharply, with VTP of Viettel Post hitting the ceiling price of 103,500 VND/share. Other stocks like VGI, CTR, and VTK increased by 8.47%, 6.53%, and 7.36% respectively. After a decline starting in February, VTP fell by 39%. Viettel Post holds about 17% market share in Vietnam’s logistics sector and has invested in the largest logistics industrial park with a cost of 130 million USD. They are expanding their logistics network as well. VTP’s revenue for 2024 is projected at 20 billion VND, but profits stand at 383 billion VND due to increased costs. Viettel Global experienced significant growth in Q4, reaching a profit of 3,710 billion VND. Viettel Construction reported a revenue of 12,610 billion VND, an 11% increase. They aim to expand with a target of owning 30,000 BTS stations by 2030.
Leave a Reply