Amazon Web Services, Nokia to provide services to Vietnam major MobiFone
Amazon Web Services (AWS) and Nokia will provide services to Vietnamese telecom giant MobiFone, according to a deal signed between the sides at the Mobile World Congress (MWC) 2023 early this week.
AWS, a global provider of IT infrastructure services in the form of cloud computing, will provide consultation for MobiFone employees and customers, train staff, and cooperate to deliver digitalization and cloud services to businesses.
Representatives of MobiFone and Amazon Web Services sign an agreement in Barcelona, Spain on February 27, 2023. Photo courtesy of MobiFone.
Nguyen Hoang Anh, chairman of the Commission for the Management of State Capital at Enterprises (CMSC), said the collaboration would further facilitate trade and investments between Vietnam and the U.S., while helping AWS connect further with the Vietnamese business community.
With vision until 2030, MobiFone has completed its five-year digitalization strategy, focusing on six areas, namely product development, infrastructure, data, internal governance, customer services, and corporate culture.
Finland-based giant Nokia will assist MobiFone with 5G technology and the export of infrastructure into the cloud, fix-wireless access service on its 5G platform, and commercialization of the latter’s 5G network.
Representatives of Nokia and MobiFone sign an agreement in Barcelona, Spain on February 27, 2023. Photo courtesy of MobiFone.
The market for network hardware serving cybersecurity and applications has indefinite potentials for tech firms inside and outside Vietnam, said Ricky Corker, chief customer experience officer at Nokia, while pointing out that 5G technology is the key to digital transformation per Vietnam’s strategy.
MobiFone has set a revenue target of VND28,754 billion ($1.23 billion) this year, up 1.5% compared with 2022's actual tally.
At the MWC 2023, Viettel, the biggest telecom business in Vietnam, signed cooperation agreements with Qualcomm, Intel, and Pegatron.
Per the memorandum of understanding (MoU) between Viettel and Intel, the two will cooperate in network transformation strategies and joint innovations for 2023-2024, focusing on digital services, 5G, and cloud services.
Viettel and Qualcomm Technologies will jointly deliver state-of-the-art 5G infrastructure globally.
The military-run Vietnamese corporation will provide 5G private network services to the 4,500-square meter factory of Apple supplier Pegatron in the northern city of Hai Phong.
- Related News
- Read More
Vietnam-US issue joint statement on Reciprocal Trade Agreement Framework
Vietnam and the United States on October 26 issued a joint statement on the Framework for a Balanced and Fair Reciprocal Trade Agreement after many months of negotiations.
Economy - Sun, October 26, 2025 | 9:28 pm GMT+7
MBBank achieves sustainable growth in 9 months, leads digital transformation
Hanoi-based MBBank recorded positive growth across scale, efficiency, and asset quality in the first nine months of the year, underscoring its strong internal resilience amid continued volatility in the financial market.
Banking - Sun, October 26, 2025 | 5:38 pm GMT+7
Vingroup to develop 6,300 ha urban complex project in Congo
Vietnam's leading private conglomerate Vingroup (HoSE: VIC) and the government of Kinshasa, the capital of the Democratic Republic of the Congo (DRC), will jointly explore and develop a 6,300-hectare riverfront mega-urban project.
Real Estate - Sun, October 26, 2025 | 12:57 pm GMT+7
Vietnam’s Ministries of Foreign Affairs, Natural Resources & Environment, and Home Affairs have new heads
Le Hoai Trung was appointed on Saturday as Minister of Foreign Affairs, Tran Duc Thang as Minister of Natural Resources and Environment, and Do Thanh Binh as Minister of Home Affairs.
Politics - Sun, October 26, 2025 | 11:22 am GMT+7
Intel eyes shifting more production to Vietnam
U.S. chipmaker Intel plans to shift its assembly, packaging, and testing operations from its Costa Rica facility to potential markets such as Vietnam, said Kenneth Tse, general director of Intel Products Vietnam.
Industries - Sun, October 26, 2025 | 9:05 am GMT+7
Vietnam's securities regulator seeks to expand institutional market participation
The State Securities Commission of Vietnam (SSC) is preparing a comprehensive package of measures to allure more institutional investors to the stock market, which currently sees up to 85-90% of total transaction value come from retail investors.
Finance - Sun, October 26, 2025 | 8:00 am GMT+7
VAFIE, Nghe An province tax authority help businesses update new tax policies
The Vietnam's Association of Foreign Invested Enterprises (VAFIE) and the Nghe An province Tax Department on Friday co-hosted a tax policy workshop titled “New tax policies impacting business operations and accounting standards under IFRS.”
Companies - Sat, October 25, 2025 | 7:28 pm GMT+7
Vietnam parliament okays appointing 2 new Deputy Prime Ministers
Vietnam's legislature has approved Prime Minister Pham Minh Chinh's proposal to appoint Ho Quoc Dung, former Party chief of Gia Lai province, as Deputy Prime Minister, while Pham Thi Thanh Tra, a Party Central Committee member, became the country's first female Deputy Prime Minister.
Politics - Sat, October 25, 2025 | 6:32 pm GMT+7
Foxconn unit ShunYun injects extra $15 mln into northern Vietnam subsidiary
ShunYun Technology Co., a subsidiary of Taiwanese electronics giant Foxconn, has announced an additional $15 million investment into its Vietnamese arm in the northern province of Bac Ninh, according to a filing with the Taiwan Stock Exchange.
Industries - Sat, October 25, 2025 | 4:57 pm GMT+7
DNP Water, Samsung E&A launch $69 mln inter-regional water project in Vietnam’s Mekong Delta
A subsidiary of Vietnam’s water supplier DNP Water and South Korea’s Samsung E&A have broken ground on a VND1.82 trillion ($69.2 million) inter-regional raw water infrastructure project in the Mekong Delta, marking a major step toward improving the region’s water security.
Infrastructure - Sat, October 25, 2025 | 4:50 pm GMT+7
Vietnam’s bond market heats up as major corporates return
Vietnam’s corporate bond market is regaining momentum as large conglomerates join banks and brokerages in successful issuances.
Finance - Sat, October 25, 2025 | 9:33 am GMT+7
Decentralization and the potential for multi-center urban development in HCMC’s satellite areas
If managed well, urban decentralization and multi-center development can ease housing pressures in central HCMC and usher in a more balanced growth phase for the southern region's residential market, write Avison Young Vietnam analysts.
Real Estate - Sat, October 25, 2025 | 8:00 am GMT+7
Chinese firm proposes its 3rd waste-to-power plant in Vietnam
China’s EverBright Environment has proposed investing about VND1.6 trillion ($60.82 million) in a waste-to-energy plant in the central province of Quang Tri.
Energy - Fri, October 24, 2025 | 8:45 pm GMT+7
Mega golf-commercial-urban complex proposed for southern Vietnam city Can Tho
Vietnam Royal Investment Group JSC has proposed developing a 766-hectare golf-service-commercial-urban complex in the Mekong Delta city of Can Tho.
Real Estate - Fri, October 24, 2025 | 4:31 pm GMT+7
Sumitomo makes first hydropower investment in Vietnam
Sumitomo Corporation has made its first hydropower investment in Vietnam by acquiring a 49% stake in Mekong Electric Power Engineering and Development JSC which owns the 48 MW Dak Di 1 & 2 run-of-river hydropower project in Danang city.
Energy - Fri, October 24, 2025 | 3:42 pm GMT+7
Investors urge Vietnam to fix legal hurdles to LNG power projects
A group of investors in Vietnam’s gas-fired power sector has urged the country's parliament to address regulatory gaps that have stalled multi-billion-dollar LNG and domestic gas-fueled power projects, warning that delays could derail the country’s energy transition targets.
Energy - Fri, October 24, 2025 | 2:12 pm GMT+7
