On 29/11/2018, Vietnam Report Joint Stock Company (Vietnam Report) in cooperation with Vietnamnet Newspaper held the awarding ceremony of the Top 500 Best Profitable Companies in Vietnam in 2018. MobiFone Telecom was honored in the Top 20 of this rankings.
Ranked seventeenth among the 500 best-profit enterprises in Vietnam, MobiFone is also one of the two most profitable telecommunications businesses of the year.
Business rankings in the above rankings are assessed objectively, independently based on the weighting, with the following main criteria: indicators reflecting profitability (ROA, ROE, ROR); profit before tax; Turnover, return on equity of the enterprise.
In the first 6 months of 2018, MobiFone's total assets reached VND 36,247 billion, up VND 6,282 billion compared with the beginning of the year, net revenue reached VND 17,231 billion, profit before tax reached VND 2,434 billion. MobiFone's gross profit reached VND 4,823 billion as of June 2018.
2018 continues to be a difficult year for Vietnamese telecoms enterprises in the context of the domestic telecom market is gradually saturated, the number of new subscriber development decreases, turnover of value services Rising, traditional voice services tend to decline, especially the revenue from the international telecom market is sharply reduced by the changing habits of users from using traditional products to using the services. OTT.
Despite many changes and difficulties, the whole MobiFone staffs have worked hard to accelerate their activities towards the development and creation of new services to meet the needs of users, step by step. Structure of business model to digital service business model. By 2018, MobiFone will complete its planned targets.
In the trend of technology 4.0 and the shift of the telecommunications sector into information technology service providers, MobiFone has started to implement digital conversion, looking for investment and business directions. At the same time, we focus on new technology applications such as 4.0 technology, artificial intelligence, IoT (Internet of Things) to provide new services to our customers.
MobiFone and telecom enterprises have implemented important policies of the telecommunications industry. Specifically, MobiFone has converted 11 subscribers to 10 with more than 10 million subscribers with 11 numbers transferred to 10 numbers; To implement the sale promotion policy for prepaid subscribers according to the regulations of the Ministry of Information and Communication; Continue to block and eliminate SIM garbage, spam messages and obtain impressive results.
Most noticeable is that in mid-November, MobiFone and other major carriers have started implementing MNP for postpaid subscribers. According to the plan, Mobifone and telecom operators will continue to deploy digital packet transfer service for prepaid subscribers as of January 1
Continuing to top the top 20 most profitable businesses among 500 Vietnamese enterprises, MobiFone has once again affirmed that it is one of the most profitable businesses in Vietnam, paying the biggest corporate income tax in Vietnam, The company has the highest average productivity in the country, contributing significantly to the national budget, thus recognizing MobiFone's outstanding contribution to the overall economy of the country as well as to the business sector. owned by the State in particular.