About MobiFone
1. Name of unit: MOBIFONE CORPORATION (Vietnam Mobile Telecom Services One Member Limited Liability Company)
2. International transaction name: MobiFone Corporation
3. Abbreviation: MOBIFONE
4. General information:
As the first mobile telecommunications network in Vietnam, MobiFone was established on April 16, 1993 and originally known as Vietnam Mobile Telecom Services Company (VMS). On December 1, 2014, MobiFone undertook a transformation and became MobiFone Telecommunications Corporation, under the Ministry of Information and Communications. In November 2018, MobiFone’s right to represent the owner was transferred to the Commission for Management of State Capital at Enterprises. In February 2025, MobiFone was transferred the right to represent the State capital owner from the Commission for Management of State Capital at Enterprises to the Ministry of Public Security.
MobiFone is one of the largest Telecommunications - Information Technology - Digital Content enterprises in Vietnam, the first mobile network provider with more than 30% market share. MobiFone has been chosen to be consumers’ favourite brand, receiving many prestigious domestic and international awards, such as: Top 500 Largest enterprises in Vietnam (annual) – VNR500 (VNR); Top 500 most profitable brands in Vietnam (annual) - PROFIT 500 (VNR) - in the leading Top; Top 100 most valuable telecommunications brands in the world 2017- 2021 - Top 15 in ASEAN region (Brand Finance Magazine); Top 10 Vietnam Information Technology Enterprises 2019-2022 (VINASA); Vietnam Digital Award - Excellent Digital Transformation Enterprise in 2021 (Vietnam Digital Transformation Association); Outstanding telecommunications service provider on the quality of mobile broadband customer care 2019-2022 (IDG-REV-VDCA); IBA Stevie Business Awards (The International Business Awards); The Stevie Awards for Sales & Customer Service….
Vision: In order to concretize the Socio-Economic Development Strategy for the 2021-2030 period, MobiFone’s vision for development by 2030 is clearly reflected in the message "Creating the digital future". MobiFone aims to become a leading provider of digital infrastructure and services domestically and internationally. MobiFone brings preeminent platforms, technologies and solutions to help individuals, enterprises and organizations transform and integrate into the digital economy quickly; contributing to Vietnam’s transition to a digitally competitive country. MobiFone builds a complete digital ecosystem to meet all demands, awaken all potentials and accompany customers to create a digital future.
By 2035, MobiFone strives to become a Technology Group with a leading technology ecosystem (telecommunications infrastructure, digital infrastructure, technology services/solutions) in Vietnam; with technological infrastructure to meet the demands for development of the Vietnamese market and society; develop and expand technology solutions to meet the requirements of the industrial revolution 4.0 and the trend of the world economy.
Mission: MobiFone mission is constantly innovative, creative and to create a complete digital ecosystem, meeting all demands, awakening all potentials, accompanying Vietnamese people to create a digital future, digital society, contributing to Vietnam’s transition to a digitally competitive country.
Orientation: MobiFone remains to be the national key state-owned enterprise in providing digital services; developing mobile telecommunications services using upgraded and new technologies; developing virtualized data infrastructure, digital solutions/digital platforms and digital content services. MobiFone has grew rapidly from a traditional telecom operator to a digital one.
Core value: Facing the new context, with the orientation of transforming from a telecommunications service provider to a digital infrastructure and digital service provider in Vietnam, MobiFone is determined to follow a new cultural orientation, including 04 core values: ACCELERATION - INNOVATION - PROFESSIONALISM - EFFECTIVENESS. With the meaning, MobiFone people need Speed in action, Innovation in thinking, Professionalism in work and Effectiveness in all activities.
Business areas: MobiFone is oriented to continue promoting digital transformation and building digital infrastructure and digital ecosystem for customers, partners and society. We plan to develop vertically, grow and expand strongly in the main business areas: (1) Digital infrastructure (mobile data infrastructure (4G/5G/…), Cloud infrastructure, fixed broadband); (2) Digital platforms, solutions (digital finance/digital payment, IoT, Smart surveillance, Digital security, enterprise digital transformation services,...); (3) Digital services (Education, Healthcare, Advertising, Music, Video, OTT Television,...).
