Want to be in the loop?
subscribe to
our notification
Business News
VIETNAM TO LAUNCH 4G SERVICES IN 2016: DEPUTY MINISTER
“The 4G LTE will be the main development trend of the world’s telecom industry in the future,” Deputy Minister Thang said.
“Vietnam will license network operators to offer 4G services to better use its infrastructure… and create an increasingly competitive and developing telecom environment.”
LTE, an abbreviation for Long-Term Evolution, commonly marketed as 4G LTE, is a standard for wireless communication of high-speed data for mobile phones and data terminals.
It is based on the GSM/EDGE and UMTS/HSPA network technologies, increasing the capacity and speed using a different radio interface together with core network improvements.
The 4G network enables users to transfer data at a speed that is 20 times faster than the maximum speed they can have with a 3G connection.
At the maximum 4G speed, users can download a movie within five to six seconds, or upload 100 songs in 2.4 seconds.
Most attendees at the conference agreed that 2015 is the prime time for Vietnam to implement the 4G technology but the communications ministry still preferred the following year.
“Upgrading to 4G is like building expressways as it will meet demand of a large number of members of the public,” said Thieu Phuong Nam, general director with Qualcomm Indochina, an American semiconductor company that designs and markets wireless telecommunications products and services.
In October 2009, state-run Vinaphone became the first mobile network operator in Vietnam to offer 3G services.
The number of 3G subscribers has since expanded rapidly, topping 27.5 million as of the end of last year, according to the Vietnam Telecom Agency.
All three leading mobile network providers in Vietnam offer an unlimited 3G data plan at VND70,000 (US$3.26) a month.
The average speed of 3G connection in Vietnam is 1.43 Mpbs, compared to the global average of 11.6 Mbps, according to NetIndex, a website which measures global broadband and mobile performance data.
There are currently 360 4G LTE networks running in 124 countries and territories around the world, according to the latest data from the Global Mobile Suppliers Association.
Some 400 million subscribers around the world are using 4G LTE services, and the figure is projected to rise to one billion in 2017, according to British business media group Informa.
Source: Business Times
Related News
GET READY TO EXPLORE HONG KONG WITH A USD50 OFFER
Immerse yourself in the city’s iconic highlights—from the familiar rhythm of its trams and the poetic beauty of Victoria Harbour at dawn, to the city’s dazzling glow after dark; from distinctive local flavours to culture rich streets that have shaped the identity of this vibrant destination where East meets West. Experience it all today with promo code HK50OFF and enjoy USD50 off flights to Hong Kong.
FDI REGISTRATIONS REACH US$6.03 BILLION IN JAN–FEB
Vietnam saw US$6.03 billion in foreign investment registered in the first two months of 2026, down 12.6% year-on-year, while disbursed foreign direct investment (FDI) rose 8.8% to US$3.21 billion, the highest level for the two-month period in the past five years. According to the Foreign Investment Agency under the Ministry of Finance, the total registered foreign investment, including newly licensed projects, additional capital and capital contributions or share purchases, amounted to US$6.03 billion as of the end of February.
HANOI CITY WANTS DIGITAL ECONOMY TO CONTRIBUTE 22% TO GRDP BY 2026
The Hanoi City government aims for the digital economy to contribute 22% of the city’s gross regional domestic product (GRDP) by 2026, officials said on March 11. The target is part of the city’s implementation of Resolution 57-NQ/TW of the Politburo on breakthroughs in science, technology, innovation, and national digital transformation.
HCMC SETS DOUBLE-DIGIT GROWTH, GREEN TARGET FOR WOOD SECTOR
HCMC is aiming for double-digit growth in its wood industry in 2026, with 80% of products required to meet green and traceability standards. The target was announced by Nguyen Van Duoc, chairman of the HCMC People’s Committee, at the opening of the HCMC Export Furniture Fair 2026 (HawaExpo 2026) on March 4.
DONG NAI LOOKS TO BECOME CENTRALLY-RUN CITY BY 2030
Dong Nai Province has recently established a team to draft a master plan for transitioning the southern province into a centrally-run city by 2030. This team is tasked with conducting comprehensive research and reviewing current administrative standards, including urban classification, communal-level administrative systems, urbanization rates, and socio-technical infrastructure to ensure the province meets all legal requirements for a first-tier municipality.
VIETNAM’S HIRING OUTLOOK OPTIMISTIC IN Q2
Employers in Vietnam report an optimistic hiring outlook for the second quarter of 2026, with a net employment outlook (NEO) at 47% in the country’s inaugural edition of the ManpowerGroup Employment Outlook Survey. The survey, conducted between January 1 and February 3, gathered responses from more than 41,700 employers worldwide, including 260 companies in Vietnam.
























