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Telecom

Viettel to get new chairman

By Maria SantosVietnam
1 min read
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In this article (5)

Colonel Tao Duc Thang is set to take over as chairman and CEO of military-owned telecom giant Viettel from Le Dang Dung, who retires on December 31.

Thang, 48, who has been the deputy CEO since 2015, has an M.A. in electronics and communications and worked for Hanoi Phone Company and Hanoi Post before joining Viettel in 2005.

He has held several key positions since, including as CEO and chairman of Viettel Global, which manages the company’s overseas businesses.

Viettel, the country’s largest telecom company with operations in nine countries in Southeast Asia and Africa, reported pre-tax profits of VND19.9 trillion ($867.2 million) for the first half of 2021, a year-on-year increase of 3.1 percent.

Questions & Answers

Q.

What is the new chairman's background before joining Viettel?

A.

Colonel Tao Duc Thang holds an M.A. in electronics and communications. Before joining Viettel in 2005, he worked for both Hanoi Phone Company and Hanoi Post, gaining experience in the telecommunications sector.

Q.

Which positions has Tao Duc Thang held at Viettel before becoming chairman?

A.

Tao Duc Thang has been the deputy CEO of Viettel since 2015. He also previously served as CEO and chairman of Viettel Global, which is responsible for managing the company's international operations.

Q.

How much profit did Viettel report in the first half of 2021?

A.

Viettel reported pre-tax profits of VND19.9 trillion for the first half of 2021. This figure is equivalent to $867.2 million and represents a year-on-year increase of 3.1 percent for the period.

Q.

In how many countries does Viettel operate outside of its home country?

A.

Viettel operates in nine countries across Southeast Asia and Africa through its Viettel Global subsidiary. It is described as the country's largest telecom company with these international operations.

Reader pulse

Will this new leadership strengthen Viettel's market position?

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