Viettel Global Explores Investment Opportunities in Eswatini

Mbabane – The Minister of Commerce, Industry and Trade, Hon. Manqoba Khumalo, has welcomed a delegation from Viettel Global Company, a leading Vietnamese multinational with investments across Africa and beyond. The team, led by Mr. Tran Van Tra, paid a courtesy visit to the Minister to discuss potential avenues for collaboration and investment in the Kingdom of Eswatini.

Exploring Telecommunications and Digital Infrastructure

During the meeting, Viettel Global expressed keen interest in the telecommunications sector, with a focus on mobile, wireless, and fixed broadband services. The company also highlighted opportunities in data centers and fintech solutions, which they view as critical drivers of digital transformation and economic growth.

Viettel Global is the parent company of Movitel, a major telecom operator in neighboring Mozambique, and has established a reputation for expanding affordable connectivity in developing markets.

Interest Beyond Telecoms

Beyond telecommunications, the delegation noted interest in Eswatini’s electricity sector, underscoring the importance of reliable power supply as a foundation for business growth and digital infrastructure. The company expressed its intention to gain a deeper understanding of Eswatini’s investment climate, including policy frameworks and government priorities.

Strengthening Eswatini’s Investment Prospects

Minister Khumalo welcomed the interest from Viettel Global, reaffirming Eswatini’s openness to foreign direct investment and partnerships that support national development goals.

“Eswatini is positioning itself as a competitive investment destination in the region. Partnerships with global players such as Viettel bring not only capital, but also expertise and innovation that can accelerate our growth,” the Minister said.

The discussions signal growing global attention on Eswatini’s potential in the digital economy and infrastructure development, with the government committed to creating an enabling environment for investors.