Viettel Manufacturing, the device manufacturing arm linked with Vietnam’s top telco Viettel, has had its full charter capital of VND1,762 billion ($67 million) reclassified from state-budget funding to “other” capital.
In a filing with the National Business Registration Portal dated October 21, Viettel Manufacturing showed that the state-budget share falling to zero, with the full amount now recorded under “other” capital.
The past information of the filing also showed that Viettel was the owner of Viettel Manufacturing.
Viettel Manufacturing was established in October 2022 by merging two companies of Viettel, M1 and M3.
It is also a supplier of materials and components for the aerospace industry, such as Meggitt Group, Boeing, and Airbus.