Viettel and VNPT (Vietnam Posts and Telecommunications Group) plan to set up industrial production bases and turn these into a business pillar.
Viettel and VMC
Viettel has recently launched Viettel Manufacturing Corporation (VMC), marking its strategic shift, which aims to join the global value chain deeply. VMC operates in the field of electronics manufacturing and precision engineering, making optoelectronic and integrated devices. It also operates in the field of new technology such as composite, surface treatment, robot manufacturing, wind power, and oil and gas.
VMC currently has workshops covering an area of 26 hectares and 1,300 workers with modern production lines, such as the SMT (surface mount technology) line with a capacity of 1 million devices an hour; high-tech precision mechanical equipment systems; and fiber optic cable systems.
In the near future, the precision mechanical engineering workshop on an area of 10 hectares will be set up in Hanoi’s Hoa Lac Hi-tech Park, which will accelerate research, manufacture and integration of Viettel’s hi-tech precision engineering products.
After network digitization and international cooperation expansion in the late 1990s, VNPT started many industrial production factories. Its industrial production clusters in Yen Vien (Hanoi) became a bright spot of the industry with cable and telecom equipment manufacturing factories.
The industrial production division developed strongly, but it was alone in the market and responsible for the sales outlet of the products
“VNPT Technology targets products for the telecommunications market, businesses and individuals, such as 5G technology, IoT, fixed broadband, wireless broadband and digital transformation,” said VNPT Technology Deputy CEO Nguyen Viet Bang.