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On August, 4th, Prime Minister Nguyen Xuan Phuc visited and worked with leaders, officials and employees of Vietnam Posts and Telecommunications Group (VNPT) at VNPT’s headquarters. Minister of Information and Communications Truong Minh Tuan attended the meeting.
At the meeting, VNPT’s Chairman Tran Manh Hung reported the achieved results after the restructuring. With the adoption of the new management model, after two years of restructuring, VNPT’s revenue, profit, state budget contribution as well as staff's income are all increased. The total revenue of the period 2011-2015 reached VND 213,165 billion with the average growth rate of 11.7%/year. The profit was VND 34,091 billion (92.1% of the plan) with the average growth rate of 3.7%/year.
In addition, Deputy PM Phuc urged the group to complete the non-core divestment as well as build and submit the production and business strategy and plans, particularly on its development during the 2016-2020 period.