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Vietnam Posts and Telecommunications Group

Vietnamese state-owned telecommunications and postal-services group

Last updated August 22, 2026

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Overview

Vietnam Posts and Telecommunications Group, commonly known as VNPT, is a Vietnamese state-owned communications group whose activities span telecommunications, postal-related services, digital connectivity and satellite communications. It was established on 30 April 1995 and developed from Vietnam's former national post and telecommunications organization. The group has played a central role in the expansion and modernization of Vietnam's communications infrastructure, serving consumers, enterprises and public-sector institutions. VNPT's principal operating areas include fixed-line telecommunications, mobile communications, broadband and internet services, and other network-based communications offerings. Its best-known telecommunications subsidiary is VinaPhone, one of Vietnam's three largest mobile network operators. Through its operating businesses, VNPT participates in both mass-market connectivity and institutional communications, reflecting the broad mandate traditionally associated with a national telecommunications group. The organization underwent a significant structural change in 2006. Following a decision by the Vietnamese prime minister, it moved from a corporation model to a group model on 26 March 2006. This change formalized a structure in which the parent group and its associated businesses could operate within a broader portfolio while retaining state ownership and strategic importance in the national communications system. A second major governance transition took place in 2010. Under Decision No. 955/QD-TTg, VNPT changed its operating model on 24 June 2010 and became a single-member limited liability company owned by the Vietnamese state. The change placed the group within a more defined state-enterprise governance framework. In the same year, the Vietnamese government recognized VNPT as a Hero of Labor for achievements during the 1999–2008 period. VNPT also holds government-granted rights to operate and exploit VINASAT-1 and VINASAT-2, Vietnam's communications satellites. These assets extend the group's role beyond terrestrial networks and support satellite-based communications capability. VNPT was identified by a United Nations Development Programme list in 2007 as Vietnam's second-largest company, indicating its substantial economic and infrastructure significance at that time. The group remains an important national communications institution rather than a purely consumer-facing brand. Its significance derives from the combination of state ownership, nationwide network responsibilities, the VinaPhone mobile business, fixed and internet connectivity, and participation in satellite communications. Public reference material does not provide sufficiently detailed current information about VNPT's executive team, financial performance, product-level brand architecture or international operations; those fields are therefore left unfilled rather than inferred.

History

VNPT was established on 30 April 1995 as Vietnam's national posts and telecommunications organization. Its formation placed major communications activities within a state-controlled institutional framework during a period when Vietnam was developing and modernizing its telecommunications infrastructure. The organization subsequently became one of the country's most significant communications enterprises and later operated under the VNPT name. On 26 March 2006, VNPT was formally reorganized under a group model pursuant to a decision of the Vietnamese prime minister. The restructuring replaced the earlier corporation model with a broader group structure, allowing VNPT to coordinate a portfolio of telecommunications and related businesses. This period also saw the continued development of its mobile operations, including VinaPhone, which became one of Vietnam's leading mobile network operators. VNPT's role expanded beyond conventional fixed and mobile networks through its participation in satellite communications. The Vietnamese government granted the group the right to operate and exploit VINASAT-1 and VINASAT-2. These satellites gave VNPT a role in national satellite communications and reinforced its importance as a communications infrastructure institution. On 24 June 2010, VNPT adopted another important organizational model. Under Decision No. 955/QD-TTg, it became a single-member limited liability company owned by the Vietnamese state. This transition clarified its status as a state-owned enterprise and changed the legal and operating framework under which the group conducted its activities. In 2010, the Vietnamese government also awarded VNPT the title of Hero of Labor in recognition of achievements attributed to the 1999–2008 period. A 2007 United Nations Development Programme list identified VNPT as Vietnam's second-largest company, reflecting the scale and strategic importance attributed to the group at that time. Its business scope has continued to center on fixed telecommunications, mobile communications, internet access and related communications services, while its national role has included supporting public institutions and the wider economy. Publicly available reference material identifies the Ministry of Finance as the group's owner. A May 2026 reference item describes a proposal by the Ministry of Science and Technology to transfer ownership of VNPT; because that proposal concerns a future ownership change rather than a confirmed completed transaction, the current ownership field follows the stated existing ownership information. Detailed information about recent management appointments, campaigns, financial results, product launches and international market activity is not established in the supplied references.

  • 2010

    Conversion to a single-member state-owned company

    [1]

    On 24 June 2010, Decision No. 955/QD-TTg changed VNPT's operating model to that of a single-member limited liability company owned by the Vietnamese state.

  • 2010

    Hero of Labor recognition

    [1]

    The Vietnamese government awarded VNPT the title of Hero of Labor for achievements during the 1999–2008 period.

  • 2007

    Recognized among Vietnam's largest companies

    [1]

    A United Nations Development Programme list identified VNPT as Vietnam's second-largest company at that time.

  • 2006

    Transition to a group structure

    [1]

    On 26 March 2006, VNPT was formally reorganized from a corporation model into a group model under a decision of the Vietnamese prime minister.

  • 1995

    VNPT is established

    [1]

    Vietnam Posts and Telecommunications Group was established on 30 April 1995 as a national posts and telecommunications organization.

Products and positioning

A state-owned Vietnamese communications infrastructure group serving national connectivity, telecommunications and satellite-communications needs.

  • Mobile telecommunications

    VinaPhone

    VinaPhone is VNPT's mobile telecommunications business and one of Vietnam's three largest mobile network operators. It represents the group's principal consumer-facing mobile activity and extends VNPT's communications portfolio from traditional fixed networks into nationwide mobile connectivity.

  • Telecommunications

    Fixed-line telecommunications

    Fixed-line telecommunications forms part of VNPT's historic and ongoing communications scope. The category includes network-based voice and related fixed connectivity services delivered through terrestrial telecommunications infrastructure in Vietnam.

  • Internet access

    Internet and broadband services

    VNPT provides internet and broadband connectivity as part of its telecommunications portfolio. These services support residential, business and institutional users and complement the group's fixed-line and mobile communications activities.

  • Satellite communications

    VINASAT-1 and VINASAT-2

    VINASAT-1 and VINASAT-2 are Vietnamese communications satellites that VNPT is authorized by the government to operate and exploit. Their inclusion in VNPT's portfolio gives the group a satellite-communications role alongside its terrestrial telecommunications businesses.

Brand decisions

  • 2010

    Conversion to a single-member limited liability companyStrategy

    Background

    The Vietnamese government revised the legal and operating framework for VNPT as a state-owned communications enterprise.

    Action taken

    Under Decision No. 955/QD-TTg, VNPT changed its operating model to a single-member limited liability company owned by the state.

    Aftermath

    VNPT continued operating as a state-owned telecommunications group under the revised enterprise structure.

  • 2006

    Adoption of the group modelStrategy

    Background

    VNPT was operating as a large national communications organization with activities spanning posts and telecommunications.

    Action taken

    The Vietnamese prime minister's decision formally converted VNPT from a corporation model into a group model.

    Aftermath

    The change established the organizational framework under which VNPT coordinated its telecommunications businesses and associated operations.

Recent events

  • VNPT launches Mobile Money service[2]

    Reported:

    VNPT officially launched its Mobile Money service, also called VNPT Pay, on November 25. It enables subscribers of VNPT’s Vinaphone network to use their subscriptions for functions including deposits, withdrawals, transfers and payments.

  • Unconfirmed

    VNPT IoT Platform receives oneM2M certification[3]

    Reported:

    VNPT received a oneM2M certificate for its VNPT IoT Platform. The report also says the platform would undergo further review for a GCF certificate.

Sources4 sources

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