Privy to its subsidiary's accounts, Viettel Global provisions over 200 billion FCFA on Nexttel Cameroon

Viettel Global Investment holds over 200 billion FCFA in receivables and loans, mostly provisioned, on its Cameroonian subsidiary Nexttel, which operates under the Nexttel brand. As of June 30, 2026, these amounted to approximately 9,050 billion VND, or nearly 202 billion FCFA, despite the company not having access to Nexttel's accounts since November 2018. Most of these financial exposures are fully provisioned, indicating significant uncertainty about recovery.