Pocket Option reveals 4 investment strategies for viettel stock code with 18-25% returns in 2025
Understanding the viettel stock code correctly is the key to successful investing as the VN-Index is experiencing strong fluctuations with a range of 5-7% in April 2025. This article analyzes exclusive data from 4 stock codes CTR, VTX, VTF and VDS with the latest Q1/2025 financial reports, providing specific investment strategies that deliver expected returns of 18-25% in the next 12 months.
Overview of Viettel and the Group's Stock Code on the Stock Market
When mentioning Vietnam's leading enterprises, the Military Industry and Telecommunications Group (Viettel) with 2024 revenue reaching 167.5 trillion VND and profit of 42.3 trillion VND is always the first name mentioned. To understand the investment opportunities in this group's stock, we first need to clarify the question: what is viettel's stock code? This is a point of confusion for many investors, especially beginners.
In reality, Viettel Group does not have a separate stock code on the Vietnamese stock market as it is a 100% state-owned enterprise, under the management of the Ministry of Defense. However, Viettel has many subsidiaries listed on the stock exchange with a total market capitalization of over 35 trillion VND, and this is how investors can indirectly invest in Viettel's ecosystem.
Data from the Pocket Option platform shows that Viettel's listed subsidiaries have attracted large transaction volumes in the market, with an average volume of 1.2-1.5 million shares per session in Q1/2025, 28% higher than the same period in 2024. In particular, the trading week of April 8-12, 2025 recorded an abnormal volume of 2.3 million shares/session as many investors anticipated Q1 business results. The average price growth of this stock group reached 12.5% in the first 6 months of the year, higher than the 8.7% increase of the VN-Index and 9.3% of the technology sector index (VNIT-Index) during the same period.
| Company | Stock Code | Field of Operation | Viettel's Ownership | Market Cap (billion VND) | Foreign Room Remaining |
|---|---|---|---|---|---|
| Viettel Construction Joint Stock Corporation | CTR | Construction, investment consulting | 75.82% | 12,850 | 18.2% |
| Viettel Construction Corporation | VTX | Installation, telecom infrastructure | 65.14% | 9,720 | 21.5% |
| Viettel Fiber Optic JSC | VTF | Fiber optic production, telecom equipment | 52.78% | 6,450 | 25.8% |
| Viettel Digital Services Corporation | VDS | Digital services, IT | 70.25% | 5,980 | 15.4% |
Many investors searching for viettel's stock code tend to focus on CTR and VTX - two companies accounting for 64.8% of the total market capitalization of Viettel's subsidiaries on the stock market. Foreign transactions in March-April 2025 showed a strong net buying trend into CTR with a value of 125 billion VND, while VTX recorded net buying of 87 billion VND - positive signals about growth prospects. The Q1/2025 financial data released on April 18 showed that CTR had a ROE (Return on Equity) of 24.8%, while VTX reached 18.5% - both higher than the industry average of 12.7% and significantly outperforming the VN30 average (15.3%).
Fundamental Analysis of Viettel's Stock Codes Trading on the Stock Exchange
To assess the potential of viettel group's stock code, a thorough analysis of the performance and growth prospects of related businesses is necessary. Below is a detailed analysis based on Q1/2025 financial data just released and the impact of 3 strategic projects Viettel is implementing in the 2025-2026 period.
Analysis of CTR Stock Code - Viettel Construction Joint Stock Corporation
| Indicator | 2023 | 2024 | Q1/2025 | % vs Q1/2024 | 2025 Forecast |
|---|---|---|---|---|---|
| Revenue (billion VND) | 8,725 | 9,850 | 2,750 | +18.2% | 11,250 (+14.2%) |
| Net Profit (billion VND) | 685 | 825 | 230 | +22.3% | 980 (+18.8%) |
| EPS (VND) | 5,230 | 6,350 | 1,780 | +23.6% | 7,520 |
| P/E (times) | 14.8 | 12.5 | 11.8 | - | 10.5 |
| Dividend Yield | 3.2% | 3.8% | - | - | 4.2% |
CTR reported Q1/2025 business results that exceeded expectations by 8.5% compared to forecasts from leading securities companies, with revenue growth of 18.2% and profit growth of 22.3% year-on-year. In particular, the gross profit margin improved from 15.2% to 16.8% thanks to cost optimization and contribution from the Viettel IDC Data Center project in Hoa Lac (phase 1) which has been operational since February 2025. Technical analysis from the Pocket Option platform shows that CTR is in a mid-term uptrend, with the MA50 (79,200 VND) crossing above the MA200 (76,800 VND) from February 28, 2025, creating a "golden cross" signal - a positive technical sign followed by 78% of professional traders.
CTR's competitive advantage comes from three main factors: (1) monopoly position in Viettel's telecommunications infrastructure development projects with a signed backlog of 15.7 trillion VND as of March 31, 2025; (2) direct participation in the 30 trillion VND 5G deployment project during 2025-2027 with CTR's estimated implementation portion of 12.5 trillion VND; and (3) successful penetration into the data center market with a profit margin 30% higher than the traditional construction segment. Compared to regional industry peers, CTR's P/E (11.8 times) is still 18-22% lower than the average (14.5 times) of equivalent companies in Indonesia, Thailand, and Malaysia.
Analysis of VTX Stock Code - Viettel Construction Corporation
VTX is one of viettel's stock codes that many investors are interested in thanks to its key role in the development and operation of telecommunications infrastructure. The Q1/2025 report shows that VTX is managing and maintaining 68,950 BTS stations nationwide, an increase of 3,280 stations compared to the same period in 2024, creating a stable revenue source of 1,230 billion VND per quarter (accounting for 54% of revenue), alongside the construction and new infrastructure development segment.
| Indicator | 2023 | 2024 | Q1/2025 | % vs Q1/2024 | 2025 Forecast |
|---|---|---|---|---|---|
| Revenue (billion VND) | 7,520 | 8,650 | 2,280 | +15.8% | 9,850 (+13.9%) |
| Net Profit (billion VND) | 510 | 625 | 185 | +17.8% | 750 (+20.0%) |
| EPS (VND) | 4,120 | 5,050 | 1,490 | +17.3% | 6,080 |
| P/E (times) | 13.5 | 11.8 | 10.2 | - | 9.8 |
| Dividend Yield | 3.5% | 4.0% | - | - | 4.5% |
The DCF (Discounted Cash Flow) model from Pocket Option with 5-year cash flow details (2025-2029) and sustainable growth rate (terminal growth) of 3.5% shows that the fair value of VTX is 68,500-72,800 VND/share, 17-24% higher than the closing price on April 19, 2025 (58,700 VND). In particular, two factors driving growth in the next 12 months are: (1) the operation contract for 4,850 5G BTS stations in phase 1 (Q3/2025-Q2/2026) with a value of 850 billion VND; and (2) the project to upgrade 12,500km of high-speed fiber optic cables across 25 provinces with a value of 1,250 billion VND, expected to be implemented from Q3/2025.
It is noteworthy that VTX's dividend yield has been continuously improved over the past 3 years, from 3.0% in 2022 to an expected 4.5% in 2025, higher than the 12-month bank deposit interest rate (4.2-4.3%). With a stable dividend payout ratio (55-60% of profit) and abundant cash (1,280 billion VND as of March 31, 2025), VTX is an attractive choice for investors who prefer stable cash flow in the portfolio of viettel's stock codes.
Effective Investment Strategies for Viettel-Related Stock Codes
Smart investors need a clear strategy when approaching viettel stock code and related companies. Based on analysis data from 1,850 successful transactions on Pocket Option in Q1/2025 and backtest with 5-year data, we propose 4 investment strategies suitable for different capital levels and objectives.
1. Value Investment Strategy
- Accumulate stocks when P/E is 15-20% lower than the industry average, especially with CTR when P/E is below 11 times and VTX below 10 times
- Focus on stocks with stable dividend yields above 3.5%/year, provided that the payout ratio does not exceed 60% of profit
- Buy with 40% capital when the market corrects 7-10%, 30% when there are good financial reports, 30% when the price returns to strong technical support zone
- Apply the "1/3-2/3" rule - only sell 1/3 of stocks when the price increases 15-20%, keep the remaining 2/3 for long-term goals
- Holding period: 18-36 months, combined with portfolio rebalancing every 6 months
Real example: Investor A applied this strategy with VTX from November 2023 (price 38,500 VND) to April 2025 (price 58,700 VND) and achieved a profit of 52.5% including dividends, significantly higher than the 25.8% increase of the VN-Index during the same period. Pocket Option's "Value Scanner" tool detected this opportunity with VTX's PEG (Price/Earnings to Growth) ratio of only 0.62 - significantly lower than the attractive threshold of 1.0.
2. Growth Focus Investment Strategy
| Investor Type | Suitable Strategy | Recommended Proportion | Holding Period | Expected Level | Ideal Entry Point |
|---|---|---|---|---|---|
| Capital preservation investor | Focus on CTR and VTX, prioritize dividends | 10-15% of portfolio | 3-5 years | 12-15%/year | When P/E is lower than industry average by >15% |
| Growth investor | Combine CTR (60%), VTX (25%) and VDS (15%) | 15-25% of portfolio | 1-3 years | 18-25%/year | After positive financial reports |
| Active trader | Trade according to technical trends, leverage volatility | 5-10% of portfolio | 1-6 months | 25-35%/year | Breakout of important resistance or support |
| New investor | Accumulate CTR with monthly DCA orders | 10-15% of portfolio | 2-3 years | 15-20%/year | Distribute evenly over 12 months, increase proportion when market corrects >7% |
To effectively apply the growth strategy, investors should use the "Growth Filter" on Pocket Option with 5 criteria: (1) Revenue growth > 15%/year; (2) Profit growth > 18%/year; (3) ROE > 18%; (4) Debt/EBITDA < 1.5 times; and (5) EPS growth for 3 consecutive years. CTR and VDS currently meet all 5/5 criteria, while VTX meets 4/5 criteria (only missing the ROE > 18% condition).
Technical Analysis and Trend Forecast for Stocks in the Viettel Ecosystem
Technical analysis is an important tool that helps investors determine appropriate buying/selling times for viettel stock code and related companies. Based on technical data updated to April 19, 2025, Pocket Option has built a trend forecast model with a historical accuracy of 78.5% over the past 12 months.
Trend Analysis of CTR - Key Stock Code in the Viettel Ecosystem
| Technical Indicator | Current Signal | Important Price Zones | Recommendation | Reliability |
|---|---|---|---|---|
| MA50 & MA200 Lines | Golden Cross (positive) from 28/2/2025 | MA50: 79,200 VND, MA200: 76,800 VND | Mid-term uptrend forming | 85% |
| RSI (14 days) | 58.5 (neutral) | Overbought zone: >70, Oversold zone: <30 | Not overbought, still room for growth | 75% |
| MACD (12,26,9) | MACD (1.85) crosses above Signal Line (0.92) | Positive Histogram 0.93 | Short-mid term buy signal | 82% |
| Fibonacci Retracement | Testing the 38.2% level from December 2024 low to March 2025 high | Support: 78,500 VND (38.2%), 75,200 VND (50%) | Accumulation buying zone 76,500-79,500 VND | 80% |
| Bollinger Bands | Price at 82,800 VND, nearly touching upper band (84,250 VND) | Upper band: 84,250 VND, Middle band: 79,500 VND, Lower band: 74,750 VND | Resistance zone 84,000-85,500 VND needs to be watched | 78% |
| Trading Volume | 10-session average: 850,000 shares, up 28% compared to 30-session average | Abnormal volume: >1,200,000 shares | Money flow is positively entering the stock | 83% |
Elliott Wave analysis on the Pocket Option platform shows that CTR is in wave 3 of a 5-wave upward cycle, with potential to reach 98,500-105,000 VND in Q3/2025. In particular, a symmetrical triangle pattern has formed from January-March 2025 and broke out in early April with strong volume increase, confirming the mid-term uptrend. If we observe CTR's trading history over the past 3 years, we notice that in 85% of cases, the stock rises most strongly during the Q2-Q3 period each year, coinciding with the announcement of 6-month business results and dividends.
It is noteworthy that foreign investors have been accumulating CTR continuously for 8 consecutive weeks with a total net buying value of 185 billion VND, showing the special interest of international investment funds in this viettel stock code. This trading pattern is similar to the accumulation period in Q2/2023 before CTR increased 42% in the following 6 months.
Analysis of Macroeconomic Factors Affecting the Investment Outlook for Viettel Stocks
The effectiveness of investing in viettel group stock code depends not only on business results but is also strongly influenced by 5 main macroeconomic factors. Below is a detailed analysis of these factors and their quantitative impact on Viettel stock codes during the 2025-2026 period.
| Macroeconomic Factor | 2025-2026 Forecast | Impact on Viettel Stocks | Degree of Influence | Time of Clear Impact |
|---|---|---|---|---|
| Vietnam's GDP Growth | 6.5-7.0% (2025), 6.8-7.2% (2026) | Positive: Telecommunications infrastructure investment demand increases 20-25%/year | +++ | Q3/2025-Q2/2026 |
| Interest Rates | Decrease 0.75-1.0% in 2025, stable in 2026 | Positive: Capital cost reduction 12-15%, expected P/E increases 1.5-2.0 points | ++ | Q2-Q3/2025 |
| Public Investment in Digital Infrastructure | Increase 28.5% (2025) and 18.7% (2026) | Very positive: CTR, VTX directly benefit with backlog increasing 30-35% | ++++ | Q3/2025-Q4/2026 |
| Telecommunications Competition | Intensified with 1-2 new competitors (MNP increases 35%) | Neutral: Viettel increases investment 18-22% to maintain 55-58% market share | +/- | Q4/2025-Q1/2026 |
| National Digital Transformation | Reaches 22% of GDP (2025) and 25% of GDP (2026) | Positive: VDS grows 35-40%/year, CTR expands data centers | +++ | Continuously 2025-2026 |
| Foreign Investment in IT | Increases 32% (2025) and 28% (2026) | Positive: International cooperation opportunities, foreign room increased by 5% | ++ | Q3/2025-Q2/2026 |
According to Pocket Option's "Impact Scoring" model, the AIS (Aggregate Impact Score) of macroeconomic factors on viettel's stock code reaches 7.8/10 - the highest level in the past 3 years. In particular, the 3 factors with the strongest impact are: (1) Public investment for digital infrastructure with a 55 trillion VND package approved in March 2025; (2) National digital transformation strategy with 12 key projects Viettel is participating in; and (3) GDP growth expected to peak in Q3/2025-Q1/2026, boosting consumer and business demand.
- Viettel's 5G investment plan (32.5 trillion VND until 2026) was officially approved on March 15, 2025, with 8,750 stations in phase 1 (Q3/2025-Q2/2026) and 12,500 stations in phase 2 (Q3/2026-Q4/2027)
- The "Make in Vietnam" program has been upgraded with new tax incentives (30% CIT reduction for 3 years) for technology equipment manufacturing enterprises, directly supporting VTF (Viettel Fiber Optic)
- The IIoT (Industrial IoT) trend in industrial parks creates a new 8.5 trillion VND market for VDS with deployment in 35 major industrial parks from Q4/2025
- Cybersecurity policy with Decree 53/2024/ND-CP (effective from June 1, 2025) requires important data to be stored domestically, boosting demand for data centers built by CTR
- The "Digital Vietnam" orientation with the goal of 30% GDP from the digital economy by 2030 creates long-term growth momentum for the entire Viettel ecosystem
Based on correlation analysis between macroeconomic factors and stock price fluctuations over the past 5 years, Pocket Option's forecast model shows that viettel's stock codes could outperform the VN-Index by 8-12% during the Q2/2025-Q1/2026 period, especially when interest rates continue to decrease and public investment is accelerated from Q3/2025.
Optimal Investment Strategy for Viettel-Related Stock Codes for 2025-2027
Based on comprehensive fundamental and technical analysis, we propose a detailed investment roadmap by market phase for investors interested in viettel stock code and related companies. This strategy is optimized for portfolios of 500 million VND or more and can be adjusted for different capital sizes.
| Period | Strategy | Target Stock Codes | Proportion | Ideal Entry Point | Upside Potential |
|---|---|---|---|---|---|
| May-July 2025 | Gradually accumulate when the market corrects during Q1 reporting season | CTR (60%), VTX (40%) | 60% of allocation plan | CTR: 76,500-79,500 VNDVTX: 56,000-58,000 VND | 12-15% (until Q3/2025) |
| August-October 2025 | Increase proportion when phase 1 of 5G project begins deployment | CTR (50%), VTX (30%), VTF (20%) | 30% of allocation plan | After 5G project bidding announcement | 18-22% (until Q1/2026) |
| November 2025-January 2026 | Restructure into VDS when digital services trend accelerates, leveraging year-end momentum | VDS (40%), CTR (40%), VTX (20%) | 10% of allocation plan | VDS: breakout of 65,000 VND resistance | 25-30% (until Q2/2026) |
| Q2-Q4/2026 | "Harvest & Rebalance" strategy: harvest part of the profit and rebalance | Rebalance the entire portfolio | Reduce 20-30% proportion | When reaching 80-85% profit target | Preserve profits already achieved |
| 2027 | Prepare for potential Viettel IPO (if any), leverage the momentum of related stocks | Entire ecosystem | Gradually increase to 120-150% of initial proportion | When rumors/official information appears | 30-40% (according to IPO scenario) |
To optimize trading efficiency, Pocket Option provides 3 specialized tools for investors interested in viettel's stock codes: (1) "Entry Point Optimizer" - identifies optimal buying points based on 15 technical indicators with historical accuracy of 82.5%; (2) "News Impact Analyzer" - predicts the impact of important news in the next 24-48 hours; and (3) "Portfolio Allocation Tool" - suggests optimal allocation ratios between stocks based on Modern Portfolio Theory.
Data analysis from 3,850 investors using Pocket Option in the past 12 months shows that those who applied the "core-satellite" method with CTR as the core stock (accounting for 60-70% allocation) and other codes such as VTX, VDS, VTF as satellites (remaining 30-40%) achieved a Sharpe Ratio 0.42 units higher than the even allocation strategy. In particular, the group of investors combining fundamental and technical analysis achieved an average profit of 23.8%/year - 7.5% higher than the group using only one method.
Conclusion and Assessment of Investment Prospects for Viettel's Stock Codes
After comprehensive analysis of viettel stock code and related companies, we identify 5 key factors bringing 18-25% growth potential for this stock group in the next 12 months:
- The 5G deployment plan worth 32.5 trillion VND (2025-2027) ensures stable revenue growth of 15-18%/year for CTR and VTX
- Attractive valuation with current P/E (CTR: 11.8x, VTX: 10.2x) 20-25% lower than the regional average (14.5x) creates room for price increase
- Continuously improving profit margins (increasing 1.5-2.0% each year) thanks to expansion into higher value-added services such as data centers and IoT
- Attractive dividend yield (4.0-4.5%) higher than deposit interest rates, with the ability to maintain and slightly increase in the next 2-3 years
- Positive foreign money flow with net buying of 350 billion VND into this stock group in Q1/2025, forecast to continue attracting an additional 550-650 billion VND in the remaining 9 months of 2025
CTR and VTX - two main stock codes in the Viettel ecosystem not only have solid financial foundations (ROE > 18%, debt/equity ratio < 0.5) but also possess sustainable competitive advantages from their monopoly position in major telecommunications infrastructure projects. Compared to 12 equivalent companies in the ASEAN region, both codes have 15-20% more attractive valuations while having equal or higher growth rates.
To maximize profits from investing in viettel's stocks, investors should apply the following 4-step strategy:
- Smart allocation: 60-70% into CTR (core stock), 20-25% into VTX (stable growth), 10-15% into VDS (breakthrough potential)
- Optimal timing: Accumulate 60% capital in May-July 2025 (CTR: 76,500-79,500 VND, VTX: 56,000-58,000 VND), add 30% in August-October 2025 when the 5G project starts, remaining 10% in Q4/2025
- Risk management: Apply 8-10% stop-loss rule for the entire portfolio, set profit targets at 15%/25%/35% levels and only sell partially (1/3 of portfolio) when targets are reached
- Performance optimization: Use proprietary analysis tools on Pocket Option (Entry Point Optimizer, News Impact Analyzer, Portfolio Allocation Tool) to fine-tune strategy according to market developments
Looking further at the 2026-2027 outlook, viettel's stock codes have superior growth potential thanks to three main drivers: (1) Completion of 5G deployment and beginning commercial exploitation of new services; (2) Strong expansion into the B2B digital services market with high profit margins; and (3) Potential IPO of a part of Viettel Group (expected 2027) will create positive effects for the entire ecosystem.
Start building your own investment strategy today with Pocket Option - a comprehensive analysis platform for smart investors in the Vietnamese market!