China tech giant Huawei eyes further 5G cooperation with Vietnam telecom majors

By Tri Duc
Thu, May 16, 2024 | 11:51 am GMT+7

Chinese tech giant Huawei targets further 5G cooperation with VNPT and MobiFone, two state-controlled telecom giants in Vietnam, said vice president of Huawei Asia Pacific Zhengjun Zhang.

The executive made the proposal at a Wednesday meeting in Hanoi with leaders of the Commission for Management of State Capital at Enterprises (CMSC), VNPT, and MobiFone. In particular, Huawei aims to pilot 5G Proof of Concept (PoC) deployment with VNPT and MobiFone to test the efficiency and qualities of 5G services.

Vice president of Huawei Asia Pacific Zhengjun Zhang. Photo courtesy of the Commission for Management of State Capital at Enterprises (CMSC).

Vice president of Huawei Asia Pacific Zhengjun Zhang. Photo courtesy of the Commission for Management of State Capital at Enterprises (CMSC).

The Chinese heavyweight also targets to cooperate with the two Vietnamese corporations in human resources training and optimize 5G operations.

Huawei will also help the Vietnamese telcos in building 5G innovation centers for 5G-to-customers (5G2C) and 5G-to-businesses (5G2B) services; development and testing of new solutions; and workforce training, the executive said.

Based on the outcomes of 5G cooperation, Huawei aims to further cooperate with the CMSC, VNPT, and MobiFone in green energy, data center, and cloud computing. Huawei also seeks to help Vietnam with digitalization of the industrial sectors, he noted.

In reply, CMSC vice chairman Nguyen Ngoc Canh lauded Huawei’s developments and recent collaboration with VNPT and MobiFone. Backing Huawei’s suggestions, Canh asked the Chinese group to further help 5G growth in Vietnam via practical activities with VNPT and MobiFone.

Vietnam backs Huawei's activities

On the same day, Zhengjun Zhang had a meeting with Deputy Prime Minister Tran Luu Quang. The executive expressed Huawei’s willingness to join in activities in Vietnam, including 5G development, digitalization, artificial intelligence (AI), green transformation.

Vice president of Huawei Asia Pacific Zhengjun Zhang (left) and Deputy Prime Minister Tran Luu Quang at a meeting in Hanoi on May 15, 2024. Photo courtesy of the government's news portal.

Vice president of Huawei Asia Pacific Zhengjun Zhang (left) and Deputy Prime Minister Tran Luu Quang at a meeting in Hanoi on May 15, 2024. Photo courtesy of the government's news portal.

Huawei started investing in Vietnam in 1998 and recently signed a memorandum of understanding with the Hanoi-headquartered Posts and Telecommunications Institute of Technology to train 10,000 information-technology (IT) staff in the next five years, Zhang said.

Huawei is cooperating with Vietnamese partners in deploying the first 5G innovation center in Vietnam, he added.

In reply, Tran Luu Quang welcomed Huawei’s activities in Vietnam and affirmed the Vietnamese government would support foreign investors, including Chinese ones, in digitalization, green transformation, telecommunications, and AI.

Comments (0)
  • Read More
Former Party chief, chairman of Vinh Phuc province face disciplinary action

Former Party chief, chairman of Vinh Phuc province face disciplinary action

Vietnam’s Central Inspection Committee has proposed disciplining Pham Van Vong, former Party chief of Vinh Phuc, and Phung Quang Hung, former chairman of the northern province, for violations related to Phuc Son Group.

Politics - Mon, November 18, 2024 | 9:17 pm GMT+7

Shaping a waterway into a key shipping channel: Viconship gets dredging nod

Shaping a waterway into a key shipping channel: Viconship gets dredging nod

A major dredging project will allow safer ship navigation and increased cargo transportation capacity on the Hai Phong shipping channel, thereby enhancing competitiveness of Vinconship’s port system, says the company.

Companies - Mon, November 18, 2024 | 7:08 pm GMT+7

Former assistant to State President appointed general director of state-owned financial firm HFIC

Former assistant to State President appointed general director of state-owned financial firm HFIC

Truong Tuan Anh, an official at the State President Office and former assistant to a state president, has been appointed general director of Ho Chi Minh City Finance and Investment Stated-owned Company (HFIC).

Companies - Mon, November 18, 2024 | 5:35 pm GMT+7

MBBank’s takeover of weak OceanBank to have limited impact on its credit profile: Fitch

MBBank’s takeover of weak OceanBank to have limited impact on its credit profile: Fitch

Military Commercial Joint Stock Bank's (MBBank) takeover of Ocean Commercial Bank Limited (OceanBank) will have limited financial impact on the former’s credit profile, Fitch Ratings said Monday.

Banking - Mon, November 18, 2024 | 5:06 pm GMT+7

Win-win philosophy indispensable for sustainable growth: Bamboo Capital founder

Win-win philosophy indispensable for sustainable growth: Bamboo Capital founder

A win-win cooperation strategy is not just desirable, but a necessary condition for sustainable development, says Nguyen Ho Nam, founder of Vietnam’s private conglomerate Bamboo Capital Group.

Bamboo Capital - Mon, November 18, 2024 | 4:46 pm GMT+7

Vietnam central bank resumes selling gold after 1-month hiatus

Vietnam central bank resumes selling gold after 1-month hiatus

The State Bank of Vietnam (SBV), the country's central bank, on Monday announced that it will reactivate the sale of SJC-branded gold bars to meet market demand.

Banking - Mon, November 18, 2024 | 4:02 pm GMT+7

Vietnam 2nd biggest market of Thai giant Central Retail in Jan-Sept

Vietnam 2nd biggest market of Thai giant Central Retail in Jan-Sept

Thailand’s leading retailer Central Retail earned a revenue of THB37.99 billion ($1.09 billion) in Vietnam in the first nine months of this year, up 0.9% year-on-year.

Companies - Mon, November 18, 2024 | 4:00 pm GMT+7

Singapore firm to invest in $19.7 mln garment factory in central Vietnam

Singapore firm to invest in $19.7 mln garment factory in central Vietnam

Singaporean-based HGQ ASIA Pte., Ltd will pour nearly VND500 billion ($19.7 million) into building a garment factory in the south-central province of Binh Dinh.

Industries - Mon, November 18, 2024 | 2:23 pm GMT+7

IP developer KBC to raise $236 mln to restructure debts, augment capital

IP developer KBC to raise $236 mln to restructure debts, augment capital

Kinhbac City Development Holding Corporation (KBC), a leading industrial real estate developer in Vietnam, will offer 250 million shares to 11 investors for more than $6,000 trillion ($236.4 million) to restructure its debts.

Companies - Mon, November 18, 2024 | 2:17 pm GMT+7

Vietnam's chemical giant Vinachem targets $500 mln trade turnover with Brazil in 2030

Vietnam's chemical giant Vinachem targets $500 mln trade turnover with Brazil in 2030

Vietnam’s state-run chemical group Vinachem and Brazil’s major trading firm Oceanside One Trading LLC say they will strive to boost their bilateral trade to $500 million in 2030.

Companies - Mon, November 18, 2024 | 12:32 pm GMT+7

Vietnam may welcome more FDI from US allies in Trump 2.0: broker

Vietnam may welcome more FDI from US allies in Trump 2.0: broker

More companies from U.S. allies and elsewhere may move more production facilities to Vietnam in the second term of Donald Trump as U.S. President, given the expected intensification of U.S-China trade tension, according to KB Securities Vietnam (KBSV).

Economy - Mon, November 18, 2024 | 12:19 pm GMT+7

Vietnam PM asks Brazil's aerospace giant Embraer to help with air logistics development

Vietnam PM asks Brazil's aerospace giant Embraer to help with air logistics development

Vietnam seeks to build an air logistics center and plans to collaborate with Brazil’s aerospace giant Embraer for the task, says Prime Minister Pham Minh Chinh.

Companies - Mon, November 18, 2024 | 10:45 am GMT+7

Singapore-domiciled TAEL Two Partners struggles to divest from Vietnam taxi operator Vinasun at loss

Singapore-domiciled TAEL Two Partners struggles to divest from Vietnam taxi operator Vinasun at loss

Singapore-headquartered fund TAEL Two Partners has planned to divest entirely from Vietnamese taxi operator Vinasun at a heavy loss after more than a decade of investment.

Finance - Mon, November 18, 2024 | 10:19 am GMT+7

Vietnam's opportunity in a shifting global EVs market

Vietnam's opportunity in a shifting global EVs market

The global electric vehicle boom presents numerous opportunities for Vietnam's economy, supported by leading technology suppliers like Bühler Group.

Companies - Mon, November 18, 2024 | 10:00 am GMT+7

Vietnam, Brazil elevate bilateral ties to strategic partnership

Vietnam, Brazil elevate bilateral ties to strategic partnership

Vietnam and Brazil issued a joint statement on elevating their bilateral relations to a Strategic Partnership in Rio de Janeiro on Sunday (local time) on the occasion of Prime Minister Pham Minh Chinh’s ongoing trip to the Latin American nation to attend the G20 Summit and join bilateral activities.

Politics - Mon, November 18, 2024 | 8:11 am GMT+7

The Investor to host seminar on removing legal bottlenecks for infrastructure, property investment

The Investor to host seminar on removing legal bottlenecks for infrastructure, property investment

A seminar themed “Removing legal bottlenecks for infrastructure and property investment” will be organized by The Investor in Hanoi on Tuesday.

Economy - Mon, November 18, 2024 | 7:52 am GMT+7