As the first mobile telecommunications network in Vietnam, MobiFone was established on April 16, 1993 with the original name of Mobile Information Company (VMS). On December 1, 2014, MobiFone was converted into MobiFone Telecommunications Corporation, under the Ministry of Information and Communications. In November 2018, MobiFone was transferred the ownership representative rights to the State Capital Management Committee at enterprises.

In Vietnam, MobiFone is one of the largest Telecommunications - Information Technology - Digital Content enterprises, the first mobile network provider, with more than 30% market share. MobiFone is a brand that is loved and chosen by customers, receiving many prestigious awards and rankings domestically and internationally. MobiFone is transforming towards developing into a leading technology group in Vietnam.