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
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
HÀ NỘI'S BUSINESSES URGE ACTION ON CAPITAL, LOGISTICS BOTTLENECKS TO BOOST EXPORTS
Business associations and enterprises in Hà Nội have urged the city to tackle bottlenecks in financing, logistics, infrastructure and regulations to improve competitiveness, expand production and support export growth, as the capital seeks to sustain double-digit economic expansion. Mạc Quốc Anh, vice chairman and secretary general of the Hanoi Association of Small and Medium Enterprises (Hanoisme), said exports were not simply about selling goods overseas but also reflected a company's production capacity, management, ability to meet international standards and reputation.
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
PORT THROUGHPUT IN HẢI PHÒNG EXCEEDS EIGHT-MONTH TARGET
Ports in the northern city of Hải Phòng handled an estimated 134.34 million tonnes of goods in the first eight months of 2026, exceeding the eight-month target of 115 million tonnes by 16.8 per cent and rising 11.74 per cent year on year, equivalent to 56.2 per cent of the full-year plan. The strong performance followed a series of measures to optimise port capacity and improve the competitiveness of the city’s seaport system, with a focus on maximising the efficiency of the Lạch Huyện international gateway port as new berths came into operation.
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
LÂM ĐỒNG BUILDS TRANSPORT INFRASTRUCTURE AS FOUNDATION FOR GROWTH
With its mountains, highlands and long coastline brought together under one administrative roof, the enlarged Lâm Đồng is now Việt Nam’s largest province by area – and a place where stronger transport links could help turn its diverse economic strengths into a more integrated engine of growth. Against this backdrop, the province is prioritising an integrated transport network to strengthen regional connectivity, expand development space and lay the foundation for sustainable socio-economic growth.
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
VIETNAM LOGISTICS COSTS ACCOUNT FOR 16 PER CENT OF GDP
Speaking at a logistics conference on August 26, Ho Thi Quyen, deputy director of the Ho Chi Minh City Investment and Trade Promotion Centre, said that Vietnam is now home to more than 34,000 logistics companies, with the sector contributing around 4.5-5 per cent of GDP. However, logistics costs remain high at approximately 16 per cent of GDP.
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
DOMESTIC DEMAND DRIVES STEEL GROWTH AS CONSTRUCTION GATHERS PACE
The steel industry recorded double-digit growth in both production and sales in the first seven months of 2026, while export remained more subdued, highlighting the increasing importance of domestic demand as public investment and construction activity expand. According to the World Steel Association, Việt Nam produced around 15.2 million tonnes of crude steel in the first half of 2026, up 26.9 per cent year-on-year, keeping the country among the world's 10 largest steel producers.
VIETNAM MONTHLY STATISTICAL DATA
INFOGRAPHIC SOCIAL-ECONOMIC PERFORMANCE IN AUGUST OF 2026
The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.
Events Sponsors
