The Yen Phong 1 Industrial Park in northern Bac Ninh province has become the first park in Vietnam to gain access to the 5G telecom network, with the new technology launched onsite by Viettel on January 14.
The revenue of Vietnamese network operators reached more than 130 trillion VND (5.62 billion USD) in 2020, up 0.3 percent year-on-year, according to the statistics from Ministry of Information and Communication.
Vietnam has not fallen behind in launching a 5G network, having completed a technical pilot last year, Minister of Information and Communications Nguyen Manh Hung said while being grilled in the Q&A session at the 14th National Assembly (NA) on November 6.
Vietnam's 5G network is forecast to have a bright future with Government and regulator support while domestic manufacturing of 5G handsets could lower device costs and lend tailwinds to adoption.
Chinese company Kingtel Communications Ltd. has successfully tested its fifth generation super-fast wireless technology for digital cellular networks known as the 5G network in Cambodia.
A series of regulations governing 5G technology adoption and related frameworks are expected to be launched by March next year, says the National Broadcasting and Telecommunications Commission (NBTC).
Experts from the Ministry of Information and Communications (MIC) and leading IT and telecoms firms shared experience and discussed possibility of cooperation in manufacturing 5G chipsets and network infrastructure devices, during a seminar in Hanoi on October 30.
The Viettel Military Industry and Telecoms Group (Viettel) announced on September 21 that it has started providing 5G service and put into operation the infrastructure of Internet of Things (IoT) in Ho Chi Minh City.
Vietnam is joining more than 100 other countries and territories at the International Telecommunication Union (ITU) Telecom World 2019, taking place in Budapest from September 9-12.
Viettel Group posted consolidated profit of 21.3 trillion VND (915 million USD) in the first half of the year, representing a 10.2 percent year-on-year increase and surpassing 24.7 percent of set targets.
The Military Industry-Telecoms Group Viettel and MobiFone will provide a pilot 5G network in Ho Chi Minh at 10 locations near Viettel's building in District 10, and at 12 locations of MobiFone in District 1 and 7.
More than 51 million Vietnamese access the internet, social media and apps through their smartphones daily, according to a recently released report by Appota Corporation.
Deputy Foreign Minister Nguyen Quoc Cuong met with overseas Vietnamese students, intellectuals and businesspeople in the UK on June 16-17 as part of his working trip to the European country.
The fifth generation (5G) of mobile communications is forecast to be a pillar of the digital economy and Vietnam has been busy making preparations to become one of the first countries to develop its 5G network.
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