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
FOREIGN INVESTORS SEEKING A SYNCHRONISED MANUFACTURING ECOSYSTEM
Instead of focusing only on land costs and incentives as usual, foreign investors are seeking a synchronised manufacturing ecosystem, from stable power supply and logistics to shared infrastructure and the convenience of completing residence procedures for experts to serve their long-term investment in the country.
DONG THAP PROVINCE STEPS UP INDUSTRIAL EXPANSION AND INFRASTRUCTURE CONNECTIVITY
Accelerating public investment, strengthening inter-regional connectivity, and expanding industrial land are helping Dong Thap efficiently bolster competitiveness and drive economic growth. Following the 2025 merger of the former Dong Thap and Tien Giang provinces, the expanded Dong Thap province in the Mekong Delta faces mounting pressure to accelerate infrastructure development and strengthen connectivity among local economic zones, urban areas, industrial parks (IPs), and production centres.
HCM CITY ATTRACTS US$5.7 BILLION INTO EXPORT PROCESSING AND INDUSTRIAL ZONES
HCM City attracted US$5.7 billion in domestic and foreign investment into its export processing and industrial zones during the first nine months of 2026. The figure exceeded the city's full-year target by 31 per cent, highlighting strong momentum in high-quality industrial investment under Resolution No.10-NQ/TW. Total investment reached 131 per cent of the 2026 target of $4.25 billion and represented a 29 per cent increase compared with the same period in 2025, according to the city's Export Processing and Industrial Zones Authority (HEPZA).
REMITTANCES TO HCM CITY RISE NEARLY 40% IN Q3
Remittances to HCM City reached more than US$2.83 billion in the third quarter of this year, up 39.5 per cent from the previous quarter and 3.6 per cent year-on-year. This was the first quarter showing positive annual growth this year, helping narrow the decline in remittance inflows over the first nine months. According to the State Bank of Vietnam (SBV)’s Regional Branch 2, remittances transferred to HCM City through credit institutions and economic organisations totalled $2.835 billion in Q3, an increase of more than $802 million from the previous quarter.
LOCALITIES REPORT BREAKTHROUGH RESULTS IN FDI IN FIRST NINE MONTHS
In Ho Chi Minh City, total registered capital reached $17.2 billion in the first nine months, up 4.2 times from the same period last year. The figure included more than $9.35 billion in newly registered capital and over $4.9 billion in additional capital for existing projects. Foreign investors also registered more than $2.9 billion through capital contributions and share purchases.
TECH SECTOR GROWTH OPENS UP OPPORTUNITIES FOR VIỆT NAM TO GO GLOBAL
The growth of the electronics, semiconductor and high-tech sectors worldwide is opening up a variety of opportunities for Vietnamese enterprises to integrate more deeply into the global supply chain. However, to become suppliers for these corporations, domestic enterprises must meet rigorous standards regarding quality, technology, productivity and order fulfilment capabilities.






















