Viettel Post has realised its big dream

“This means that Viettel Post’s dream has come true,” said the corporation’s general director Luong Ngoc Hai.

He said Viettel Post would set a revenue target of about VND1.4-1.5 trillion ($66.66 - $71.42 million) for 2014, before reaching a set figure of VND2 billion ($95.23 million) by 2015.

Earlier, Viettel Post set a revenue target of VND1.015 trillion ($48.3 million) for 2013, with expectation that this target would be reached in mid December. However, on November 28, this figure was already hit.

“With this growth, we will fetch revenue totaled about VND1.12 trillion ($53.3 million) for this year, up 126 per cent against 2012. This achievement has affirmed that our business path is quite correct. It also results from the big efforts of the corporation’s all staff nationwide and overseas,” Hai said.

This achievement is also made by Viettel Post’s implementation of many key programmes. For example, since August 2013, Viettel Post has been cooperating in an agreement with China’s Guangxi EMS Company in delivering goods and products within China and Vietnam.

Under the agreement, each side will be a general agency delivering its partner’s goods and products in its country. Accordingly Viettel Post will also deliver Guangxi EMS Company’s parcels in Vietnam.

The corporation has also since early this year boosted the operations of online express delivery services, while strengthening traditional express delivery services. Revenue from these online-based services holds 5 per cent of total express delivery services.

Viettel Post has also continued developing its delivery services to all hamlets and communes nationwide.

The corporation has also sustainably expanded its cooperation programmes to regional markets. At present, its network has covered Cambodia, China and Singapore.

“We have also set a target to continue seeing growth both in revenue and profit, as well as labour productivity,” Hai stressed. “Besides continuing to expand our services and apply high technologies in business, we will find more strategic partners and combine with foreign partners to expand our overseas express delivery service.”