Story perspectives

Viettel Surges to $7.2B Revenue Amid Controversies

9/11/2025

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Summary

Story summary

Viettel, a Vietnamese military-owned tech firm, generated $7.2 billion in revenue in 2024.
Founded in 1989, it has evolved from building antenna towers to offering 5G hardware, AI, and robotics.
Operating in 11 countries, Viettel holds 30 U.S. patents and targets rural markets for growth.
The company faces criticism for its Myanmar subsidiary's alleged military surveillance support.
Viettel plans to invest $380 million in an R&D center to boost high-tech product development by 2030.

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Story summary

Viettel, a Vietnamese military-owned tech firm, generated $7.2 billion in revenue in 2024.
Founded in 1989, it has evolved from building antenna towers to offering 5G hardware, AI, and robotics.
Operating in 11 countries, Viettel holds 30 U.S. patents and targets rural markets for growth.
The company faces criticism for its Myanmar subsidiary's alleged military surveillance support.
Viettel plans to invest $380 million in an R&D center to boost high-tech product development by 2030.