On January 9, 2006, the Prime Minister signed Decision 06/2006/QD-TTg on the establishment of the parent company - VNPT Group, on the basis of restructuring the Vietnam Posts and Telecommunications Corporation and turning it into a strong economic group of Vietnam with improved power & competitiveness in the process of regional & international integration.
VNPT Group will now have a new mission & stature, involved in multi-businesses of which posts, IT and Telecommunications are major fields. VNPT will mobilize all economic sector to joint its process of development with a diversified ownership structure and flexible business scheme in order to renovate & develop to reach the targets: modernizing the posts, telecoms & IT infrastructure with high speed, high capacity and high quality; popularizing all kinds of services to meet social demands; driving the national course of industrialization and modernization in the new era of development, integration, knowledge economy and globalization; and becoming a key State economic group on posts, telecommunications & IT with high and stable development speed.