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
Masan High-Tech Materials partners with S Korea’s GBI on tungsten processing

Masan High-Tech Materials partners with S Korea’s GBI on tungsten processing

Masan High-Tech Materials (UPCoM: MSR), the mining unit of Vietnamese conglomerate Masan Group (HoSE: MSN), has entered into a strategic partnership with South Korea’s GB Innovation (GBI) to process Korean tungsten concentrate into higher-value products in Vietnam, strengthening a non-Chinese tungsten supply chain.

Companies - Thu, July 9, 2026 | 3:51 pm GMT+7

Idemitsu Kosan expands energy ecosystem in Vietnam

Idemitsu Kosan expands energy ecosystem in Vietnam

After more than three decades of operations in Vietnam, Japan’s Idemitsu Kosan is further expanding its energy ecosystem with a biomass pellet plant project in the central province of Gia Lai.

Industries - Thu, July 9, 2026 | 1:43 pm GMT+7

Two banks to list on Ho Chi Minh City bourse, expand charter capital

Two banks to list on Ho Chi Minh City bourse, expand charter capital

Vietnam's private banks Vietbank and BVBank are finalizing the last steps to transfer their trading from the unlisted public company market UPCoM to the Ho Chi Minh Stock Exchange (HoSE), while simultaneously implementing plans to increase their charter capital.

Banking - Thu, July 9, 2026 | 11:51 am GMT+7

Strong Q2 earnings, lower interest rates to bolster Vietnam stocks

Strong Q2 earnings, lower interest rates to bolster Vietnam stocks

Strong second-quarter corporate earnings and declining interest rates are expected to support Vietnam's stock market in the coming months, brokerage firms said, as the market moves beyond a period of limited news flow and enters a more favorable phase driven by improving fundamentals.

Finance - Thu, July 9, 2026 | 8:00 am GMT+7

Wistron raises construction, equipment investment in northern Vietnam province to $178 mln

Wistron raises construction, equipment investment in northern Vietnam province to $178 mln

Taiwanese technology firm Wistron has increased its investment in factory construction and equipment in Ninh Binh province to $178.27 million, adding $24.5 million to expand its facilities at Kim Bang Industrial Park.

Industries - Wed, July 8, 2026 | 7:56 pm GMT+7

Sun Group targets groundbreaking for $624 mln urban projects in central Vietnam this year

Sun Group targets groundbreaking for $624 mln urban projects in central Vietnam this year

Vietnam's leading developer Sun Group aims to begin construction of two urban projects worth a combined VND16.4 trillion ($623.78 million) in the central province of Quang Ngai by the end of 2026, while also advancing plans for a new expressway linking the province with the Central Highlands.

Real Estate - Wed, July 8, 2026 | 4:54 pm GMT+7

Vietnam raises airport number target to 36 by 2030 as aviation demand surges

Vietnam raises airport number target to 36 by 2030 as aviation demand surges

Vietnam plans to expand its airport network to 36 airports by 2030, up from the previous target of 30, under a revised national aviation infrastructure plan aimed at catering for rising passenger demand and boosting regional connectivity.

Infrastructure - Wed, July 8, 2026 | 4:45 pm GMT+7

Germany's VFT Bio Fuels UG eyes $3.1 bln green steel complex in southern Vietnam

Germany's VFT Bio Fuels UG eyes $3.1 bln green steel complex in southern Vietnam

Vietnamese industrial park developer IMG Phuoc Dong and Germany’s VFT Bio Fuels UG have signed a memorandum of understanding to study the development of a $3.1 billion green steel complex in the southern province of Tay Ninh.

Industries - Wed, July 8, 2026 | 4:25 pm GMT+7

Vietnam police minister urges Yamato Holdings to study investment in Gia Binh airport

Vietnam police minister urges Yamato Holdings to study investment in Gia Binh airport

Vietnam’s Minister of Public Security Luong Tam Quang has called on Japan’s Yamato Holdings to assess investment opportunities in warehousing and cargo transport systems at Gia Binh International Airport, while exploring potential cooperation and operational models with Vietnamese partners once the facility becomes operational.

Infrastructure - Wed, July 8, 2026 | 3:09 pm GMT+7

Vietnam real estate M&A favors quality, clear legal status assets as FDI priorities evolve

Vietnam real estate M&A favors quality, clear legal status assets as FDI priorities evolve

Vietnam's real estate M&A market continued to attract foreign capital in the first half of 2026 despite persistent global economic uncertainties, but foreign investors are increasingly targeting assets with clear legal status, stable cash flow, and strong operational performance, with data centers emerging as a key growth segment.

Real Estate - Wed, July 8, 2026 | 1:38 pm GMT+7

Central Vietnam hub Danang plans to tokenize nearly $4 bln in infrastructure projects to attract global capital

Central Vietnam hub Danang plans to tokenize nearly $4 bln in infrastructure projects to attract global capital

The Vietnam International Financial Center, located in the central city of Danang (VIFC Danang), plans to tokenize nearly $4 billion worth of infrastructure projects as part of a strategy to attract more global capital.

Economy - Wed, July 8, 2026 | 12:17 pm GMT+7

Computers, smartphones edge higher in price as AI memory boom tests Vietnam's ICT firms

Computers, smartphones edge higher in price as AI memory boom tests Vietnam's ICT firms

Rising memory chip prices driven by artificial intelligence are spreading from semiconductor manufacturers to consumer electronics brands such as Apple, Dell and ASUS, pushing up the prices of computers and smartphones.

Companies - Wed, July 8, 2026 | 8:00 am GMT+7

LG Innotek to build $1 bln semiconductor substrate plant in northern Vietnam

LG Innotek to build $1 bln semiconductor substrate plant in northern Vietnam

South Korea's LG Innotek will spend $1 billion to build a semiconductor package substrate manufacturing plant in Hai Phong city, with mass production scheduled to begin in the third quarter of 2028, according to local authorities.

Industries - Tue, July 7, 2026 | 11:13 pm GMT+7

Malaysia’s JLand eyes up to $6 bln high-tech hub in Hanoi

Malaysia’s JLand eyes up to $6 bln high-tech hub in Hanoi

Malaysia’s JLand Group has proposed developing a high-tech, innovation and data center complex in Hanoi with an estimated investment of $4-6 billion, as Vietnam’s capital seeks to attract technology projects and strengthen its digital infrastructure.

Infrastructure - Tue, July 7, 2026 | 4:26 pm GMT+7

PVOIL approves $600 mln crude supply plan for Nghi Son refinery

PVOIL approves $600 mln crude supply plan for Nghi Son refinery

PVOIL, a subsidiary of state-owned Petrovietnam, has approved transactions worth an estimated $600 million to supply crude oil to the Nghi Son Refinery and Petrochemical complex during the second half of 2026, as the country’s largest refinery broadens its feedstock sources beyond its traditional Kuwaiti supply.

Companies - Tue, July 7, 2026 | 1:33 pm GMT+7

F88 wins two international awards for customer-centric growth strategy

F88 wins two international awards for customer-centric growth strategy

F88, a major Vietnamese financial services company, has received two international awards from the Asian Banking & Finance (ABF), a Singapore-based publication, recognizing its initiatives in customer experience and service innovation.

Companies - Tue, July 7, 2026 | 12:42 pm GMT+7