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Vietnam bets on 5G growth to feed financial development

March 3, 2025
in Tech
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Vietnam bets on 5G growth to feed financial development


Visitors participate in the Mobile World Congress in Barcelona, ​​Spain. Reuters photo

Guests take part within the Cellular World Congress in Barcelona, ​​Spain. Reuters photograph

Directive no. 05 concerning the financial development options, issued by Prime Minister Pham Minh Cinto on March 1, describes the digital transformation, innovation and superior expertise as key financial components.

It requires a digital change in all sectors, utilizing science, expertise and knowledge on the similar time making certain cybersacurity.

“The Ministry of Science and Expertise should speed up 5G advertising, analysis 6G expertise, develop telecommunications satellites and modernize nationwide infrastructure.

“The extension of investments in excessive -speed broadband infrastructure can also be important.”

Vietnam digital infrastructure technique for 2025 says that “digital infrastructure is the inspiration of the financial system”, with telecommunications and the web as a key elements.

The technique follows 100% of provinces, cities, excessive expertise parks, IT Hubs, analysis and improvement facilities, innovation areas, industrial areas, prepare stations, sea ports and airports have 5G cell providers by 2025.

The telecommunications provider held by Army Viettel started to run 5g in all 63 provinces and cities in October 2024, and VNPT adopted the instance in December.

Nevertheless, the protection stays restricted, with only some thousand primary stations in comparison with 4G networks at nationwide stage. In January 2025, Viettel had 5.5 million customers 5G.

Within the meantime, decision no. 193, issued by the Nationwide Meeting on February 19, addresses the mechanisms of the pilot and particular insurance policies to guide discoveries in science, expertise, innovation and nationwide digital transformation.

It additionally introduces monetary assist for enterprises to speed up 5G implementation.

Telecommunications firms that set up at the very least 20,000 5G primary stations between the date of entry into pressure of the decision and December 31, 2025, will obtain a 15% subsidy for the gear prices.





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