Vietnamese tech firms accelerate in 2025, shaping ICT pillars

From 5G and data to artificial intelligence, semiconductors and high-tech defence industries, 2025 marked a clear transition as Vietnam’s ICT sector entered a phase of deeper development, in which domestic enterprises are not only keeping pace but increasingly assuming leadership roles.

Illustrative photo (Photo: VietnamPlus)
Illustrative photo (Photo: VietnamPlus)

Hanoi (VNA) – The Information and Communications Technology (ICT) landscape in 2025 has seen major Vietnamese tech giants such as Viettel, FPT, VNPT and CMC emerge as key pillars, maintaining double-digit growth while serving as the backbone of digital infrastructure, mastering strategic technologies and leading the “Make in Vietnam” ecosystem.

From 5G and data to artificial intelligence, semiconductors and high-tech defence industries, 2025 marked a clear transition as Vietnam’s ICT sector entered a phase of deeper development, in which domestic enterprises are not only keeping pace but increasingly assuming leadership roles.

Double-digit growth and expanding technological space

Vietnam’s ICT picture in 2025 reflects simultaneous progress across infrastructure, platforms and emerging technologies. Viettel set a 2025–2030 strategy targeting average annual growth of 12–14%, signalling not only business ambition but also its role in realising national priorities on science, technology, innovation and digital transformation.

In practice, the group stayed on track. Its consolidated revenue in 2025 reached 220 trillion VND (8.44 billion USD), fulfilling 105.1% of its plan and growing 13.5%, marking the second consecutive year of double-digit growth. Its growth structure has also become more diversified. Beyond traditional telecoms, new areas such as logistics, e-commerce, consulting and digital solutions posted growth of over 30%, reflecting Viettel’s transition into a multi-sector technology group closely tied to the digital economy.

In cloud computing and AI, CMC completed its CMC Cloud platform with core services approaching hyperscaler standards, trained a 72-billion-parameter large language model and piloted a virtual legal assistant for around 3,000 users. VNPT deployed generative AI platforms at 30 administrative units and 60 communes and wards, while rolling out its intelligent operations centre (VNPT IoC) in 18 of 34 provinces and cities and across many ministries.

In software and IT services, FPT reported overseas revenue exceeding 35 trillion VND, up nearly 15%, consolidating its role as Vietnam’s main exporter of technology services. Firms such as MISA integrated AI agents for more than 170,000 enterprises and tens of thousands of state agencies, showing AI’s growing role in governance and business operations.

A common trend is that major ICT firms are now assuming national missions, proactively tackling strategic technology challenges rather than merely providing standalone services.

5G, data and mastery of digital infrastructure

Among the technological highlights of 2025, 5G stood out as a core pillar of digital infrastructure. In the final four peak months of the year, Viettel installed and activated 23,500 new 5G base stations nationwide—nearly four times the number in 2024—despite severe storms and flooding, surpassing its commitment timeline to the Government.

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Illustrative photo (Photo: The Courtesy of Viettel)

This brought Viettel’s total 5G stations to nearly 30,000, far exceeding other operators, with 12.9 million 5G subscribers, signalling that the technology has entered a mass-adoption phase. Importantly, 2025 marked a breakthrough as Viettel officially deployed “Make in Vietnam” 5G equipment on its live network, with thousands of domestically designed and manufactured 32T32R stations operating stably to international standards.

Other operators also accelerated deployment. VNPT focused on urban areas, industrial zones, ports and airports, while developing private networks for smart factories. MobiFone piloted 5G in selected industrial parks, targeting smart city applications from 2026.

Alongside 5G, data infrastructure continued to be seen as the “brain” of the digital ecosystem. Groundbreaking ceremonies for large-scale and hyperscale data centres in Hanoi, Ho Chi Minh City and key localities laid foundations for big data, AI, digital twins and e-government in the coming years.

From AI to semiconductors and high-tech defence

If 5G and data are foundations, AI and semiconductors have emerged as new growth engines. Viettel identified AI as a long-term strategic spearhead, aiming for around 1 billion USD in direct and indirect AI-related revenue by 2030. Core platforms such as Vietnamese large language models, next-generation AI agents, digital twins and data analytics are being mastered and widely applied.

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Illustrative photo (Photo: Viettel)

Another milestone was Viettel’s commencement of construction on a high-tech semiconductor plant at the Hoa Lac Hi-Tech Park, signalling determination to participate deeply in the semiconductor sector—the backbone of the digital era.

Meanwhile, FPT exported its first commercially designed chip to Japan in

partnership with Restar, marking a significant step for “Make in Vietnam” chips in meeting stringent international standards.

Overall, 2025 marked a qualitative shift. Growth is increasingly driven by mastery of strategic technologies rather than market expansion alone. Vietnamese technology firms are now shaping themselves as core pillars of the national ICT sector, laying a foundation for greater autonomy and a stronger position in global technology value chains./.

VNA

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