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Viettel Post Joint Stock Corporation, Hanoi, Vietnam: Hoang Trung Thanh, CEO

Company: VIETTEL POST JOINT STOCK CORPORATION, Hanoi, Vietnam
Company Description: Viettel Post Joint Stock Corporation was established on July 1, 1997, and is a member company of Viettel Group, with nearly 40,000 employees, 63 branches nationwide, and five member companies (two overseas companies) and more than 2,000 post offices, connecting more than 220 countries and regions. Viettel Post focuses on domestic, international delivery, logistics, e-commerce and telecommunication
Nomination Category: Management Categories
Nomination Sub Category: Executive of the Year - Transportation
2024 Stevie Winner Nomination Title: Mr. Hoang Trung Thanh - CEO
  1. Which will you submit for this nomination, a video of up to five (5) minutes in length or a written essay of up to 650 words? Choose one:
    Essay of up to 650 words
  2. If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video:

     

  3. If you are providing a written essay for this nomination, submit in this space an essay of up to 650 words describing the nominee's accomplishments since 1 January 2022:

    Total 618 words used.

    Mr. Hoang Trung Thanh takes on the position of General Director of Viettel Post from May 18, 2022. CEO Hoang Trung Thanh (born in 1983) used to hold many positions on the board of directors at branches with large market shares of Viettel in Vietnam such as ones in Hanoi, Hai Phong, at Viettel Telecommunications Corporation (Viettel Telecom) as well as in international markets such as Cambodia, Timor Leste and Myanmar. Since taking over the position of CEO, Mr. Hoang Trung Thanh has brought Viettel Post to become the enterprise with the largest delivery market share in Vietnam and the only logistics enterprise investing abroad. In particular, with the goal of comprehensively developing Viettel Post, CEO of Viettel Post Hoang Trung Thanh pays special attention to human factors, considering people as the core strategy for all strategies.

    In 2023, Mr. Hoang Trung Thanh was one of 20 professional CEOs recognized by Forbes Vietnam. Among those, Mr. Hoang Trung Thanh was the youngest CEO on the list and was also in the top 10 CEOs who had been accompanying the business for over 15 years. Statistics-from -Forbes-Vietnam-in-April-2023 provided a list of 20 CEOs - people who were promoted as a worthy reward after an enough long-timed working process, and recognized for their work efficiency. The CEOs on this list are aged 40-49, leading state-owned companies, FDI companies, and private companies in terms of highest revenue (Petrolimex, MB bank, BIDV, Viettel Post, FPT, ...) and all have long-term experience. They have all been attached and devoted to the business and are all reputable CEOs for leading their businesses to achieve outstanding development milestones.

    According to the policy of CEO Hoang Trung Thanh: "Viettel Post will play a key role in building national logistics infrastructure, contributing to making Vietnam become the connection-logistics-infrastructure among ASEAN and China markets". In the period of 2022-2024, accumulated pre-profits have increased by 45% compared to the previous periods; in particular, delivery - the core sector of Viettel Post has grown 3.3 times faster than the overall growth of the Postal industry.

    In 2023, Viettel Post also utilized a series of new technologies in operational stages of the enterprise; especially, smart sorting technology complexes putting into practices at various exploitation centers, has contributed to shortening the total processing time for postal items via Viettel Post by 8 - 10 hours, to increasing efficiency up to 3.5 times, and to make error rate be almost 0. The mobile application serving the tasks of postmen also includes some following features such as routing; planning, ensuring the shortest and fastest moving paths, integrating QR code payment, which is convenient for package-delivery processes.

    CEO Hoang Trung Thanh is also considerate towards his employees by the fact that he has built motivation and improved working life which plays a key role in forming a strong team within Viettel Post. From his perspectives that humans are one of decisive factors for the success, Viettel Post has developed some methods to increase income for laborers, especially those serving on the front lines. Accordingly, depending on output during the peak periods, the wages of postmen at Viettel Post are likely to increase by 40 - 60% compared to normal days. 

    In terms of the orientation in 2024, CEO Hoang Trung Thanh said, Viettel Post is going to go on expanding new space to perfect the Logistics field, focusing on 5 main spearheads: express delivery; smart supply chain; cross-border logistics infrastructure and services; national logistics infrastructures such as logistics park, smart border gate, ICD dry port….; foreign investment in Myanmar, Cambodia, Laos, China, and Thailand, creating a connecting corridor between China, Southeast Asian countries and Vietnam; master technology in building green and smart logistics infrastructures.

  4. In bullet-list form (up to 150 words), provide a brief summary of up to ten (10) of the nominee's chief achievements since 1 January 2022:

    Total 148 words used.

    • Increasing accumulated pre-profits by 45% in 2022 - 2024; especially, the delivery sector grew by 3.3 times faster than the overall growth of the Postal industry.
       
    • Leading Viettel Post to the largest delivery market share in Vietnam and the only Vietnamese logistics company investing overseas.
       
    • Building extensive infrastructure across 63 branches nationwide, 5 member companies (two of these are overseas) and 2,000 post offices, connecting 220 countries and regions.
       
    • Being recognized as one of 20 professional CEOs by Forbes Vietnam in 2023.
       
    • Implementing smart sorting technology in 2023, reducing processing time by 8-10 hours and increasing efficiency by 3.5 times
       
    • Increasing customs clearance capacity by 4 times and decreasing clearance time by 70% by building smart border gates in four coterminal Vietnamese provinces.
       
    • Successfully building an international forwarding network in over 220 countries, becoming a logistics connection center for 700 million ASEAN people with China.

     

Attachments/Videos/Links:
Mr. Hoang Trung Thanh - CEO
URL [REDACTED FOR PUBLICATION]