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. The updated section showed blank for the owner detail.

Viettel Manufacturing was established in October 2022 by merging two companies of Viettel, M1 and M3. The two companies had a long tradition in research and manufacture to meet the requirements of national defense and civil tasks.

Viettel Manufacturing’s key products include high-tech mechanics, electronics, simulation modelling, radar, automatic control, optical fiber, cyber warfare, IoT smart devices, and 5G network items. It is also a supplier of materials and components for the aerospace industry, such as Meggitt Group, Boeing, and Airbus.

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