Vietnamplus

The total number of customers registering for and using the Mobile Money service reached more than 1.1 million by the end of March.

Many provinces have requested the Ministry of Information and Communications to direct corporations to urgently assess the demand, feasibility, and investment efficiency to deploy 5G coverage in their provinces.

Customers using Mobile Money, a freshly-approved pilot project, may be charged a certain fee, according to the Vietnam Telecommunications Authority under the Ministry of Information and Communications.

With a sharp drop in revenue from traditional telecommunications services, carriers are rapidly transforming their digital strategy.

After telecoms carriers conducted commercial 5G trials in big cities like Hanoi and Ho Chi Minh City, many provinces have sent recommendations to the Ministry of Information and Communications to allow the carriers to deploy 5G in their urban areas, industrial zones and key areas.

Deputy Minister of Information and Communications Phan Tam urged mobile network operators to further simplify procedures for mobile number portability (MNP) services to create convenience for users to switch networks.

Telecommunications firms are turning towards developing their own digital content, the Vietnam Telecommunications Authority (VNTA) under the Ministry of Information and Communications has said.

As part of plans to catch up with developed economies, Vietnam is looking to embrace the Fourth Industrial Revolution (FIR), with 5G service one of the key steps.

Minister of Information and Communications Nguyen Manh Hung has directed the Vietnam Telecommunications Authority (VNTA) and network operators to stop the supply of pre-activated SIM cards.

A recent report by the Vietnam Telecommunications Authority (VNTA) revealed that the bandwidth for 4G in Vietnam is lower than in many other countries.

The Ministry of Information and Communications will grant a 4G LTE licence in the second half of this year, Deputy Minister Phan Tam said at a meeting on April 27.