Want to be in the loop?
subscribe to
our notification
Business News
VIETNAM PLANS DEVELOPMENT OF 4G SERVICES
He added that Vietnam is one among many countries that already have the bands for 4G services, quoted by itcnews.vn, adding that the department has remained focused on adopting these frequency bands in the country during the past to enhance accessibility and efficiency.
Hoan added that the auction for the frequency brands is expected to be carried out by the end of this year or latest by the beginning of 2016.
Choosing a right time for the launch of a new technology is critical, experts said, pointing out that Vietnam was not among the first countries to launch 3G services, but that might have been the right time, considering that equipment prices were more reasonable and contributed to the success of 3G services in the country.
According to network providers, more than 30 percent of mobile subscribers use 3G services and that percentage is expected to increase to more than 50 percent by the end of this year.
Thieu Phuong Nam, country manager of Qualcomm Vietnam, Cambodia and Laos was quoted by the online newspaper as saying that Vietnam is completely ready for 4G services. In addition, the prices of 4G-supported smartphones are much more affordable.
“The development of 4G services in 2015 will impart benefits to both users and network providers,” Nam said, adding that the implementation should focus on major cities first, including Hanoi, Ho Chi Minh City and Da Nang City.
Source: Business Times
Related News
TEE OFF & STAY AT HOIANA SHORES GOLF CLUB
Unlock exclusive golf and stay privileges reserved for member cardholders. Experience award-winning links golf, premium hospitality, and coastal relaxation with specially curated rates available for a limited time. Booking Period: 15 June – 30 September 2026. All supporting documents and payment details will be provided upon booking confirmation.
HCMC TARGETS 181,000 NEW SOCIAL HOUSING UNITS BY 2030
HCMC plans to build more than 181,000 social housing units between 2026 and 2030, after completing nearly 17,900 units over the past five years, city officials said. Le Duc Anh, deputy head of the Housing and Real Estate Market Management Division under the city’s Department of Construction, said at a socio-economic press briefing in HCMC on June 4 that the city was stepping up efforts to expand social housing supply.
INDUSTRIAL OUTPUT POSTS STRONGEST FIVE-MONTH GROWTH IN FOUR YEARS
Industrial production rose 9.1% in the first five months of 2026 from a year earlier, marking the strongest growth for the period in four years, according to the National Statistics Office under the Ministry of Finance. The index of industrial production (IIP) increased in all 34 provinces and centrally governed cities during the January-May period.
OUTSTANDING GREEN LOANS REACH VND828 TRILLION IN 2017-2025
Outstanding green loans in Vietnam have reached VND828 trillion, with 82 credit institutions now extending financing to environmentally sustainable projects. Growing at an average annual rate of more than 20% between 2017 and 2025, green credit has emerged as a key driver for mobilizing and allocating resources to support the country’s green transition and sustainable economic development.
AROUND VND33.6 TRILLION RAISED FROM G-BONDS IN MAY
The State Treasury raised VND33.63 trillion from Government bond (G-bond) auctions in May, completing 72% of its second quarter issuance plan and nearly one-third of its annual target. According to data released by the Hanoi Stock Exchange (HNX) on June 4, the exchange organized a total of 17 G-bond auctions on behalf of the State Treasury during May.
VIETNAM TARGETS 5,000 NEW AGRICULTURAL BUSINESSES BY 2031
Vietnam aims to support the establishment of at least 5,000 agricultural enterprises during the 2026-2031 period as part of efforts to build a digital agriculture sector and more sustainable value chains. The target was announced at the ninth National Congress of the Vietnam Farmers’ Union, which opened in Hanoi on June 8.
























