Indonesia accelerates development of 5G ecosystem
Indonesian Minister of Communication and Digital Affairs Meutya Hafid has reaffirmed the government’s strong commitment to building and strengthening the 5G infrastructure and technological ecosystem both nationwide and across the Asia-Pacific region.
Indonesia's Minister of Communication and Digital Affairs Meutya Hafid during a meeting with head of Asia-Pacific of GSMA, Julian Gorman, in Jakarta on May 8, 2025. Photo courtesy of Antara.
The minister conveyed this at a recent meeting in Jakarta with head of Asia-Pacific of mobile ecosystem organisation GSMA, Julian Gorman.
In a press release issued in Jakarta on May 9, Hafid informed that her ministry is currently working to simplify the industry and preparing a spectrum auction to accelerate 5G connectivity in Indonesia.
The auction is targeted to take place this year so that 5G connectivity can be accelerated more quickly.
Meanwhile, Gorman said that his association views Indonesia as one of the priority countries that can push the progress of 5G connectivity in Asia-Pacific.
According to GSMA, a country's 5G success is not just measured by the use of technology, but also related to its regulator's steps to unite the industrial ecosystem, telecommunications providers, and the community.
Gorman underscored that Indonesia's role in building the 5G ecosystem would determine the future of the Asia-Pacific. He further said that the success of 5G in Asia is not merely about building infrastructure, but having the courage to achieve a big vision.
- Read More
FDI yet to create high added value in Vietnam: legislator
Foreign direct investment (FDI) has not yet created high added value, primarily focusing on assembly and processing, said Nguyen Ngoc Son, a lawmaker from the northern province of Hai Duong.
Economy - Wed, June 18, 2025 | 9:19 am GMT+7
Trungnam Group subsidiary okayed as investor of $148 mln industrial park project in central Vietnam
A subsidiary of Vietnamese private conglomerate Trungnam Group has been approved as the investor of the 378-hectare Ca Na Industrial Park-Phase I project in the south-central province of Ninh Thuan.
Industrial real estate - Wed, June 18, 2025 | 8:00 am GMT+7
Deputy PM requests strong reforms of state-owned enterprises
Deputy Prime Minister Nguyen Chi Dung has asked for bold and strategic reforms to unlock the full potential of state-owned enterprises (SOEs), requesting a clear shift in mindset and approach to governance, investment and development.
Companies - Tue, June 17, 2025 | 11:44 pm GMT+7
Petrovietnam subsidiary PTSC hands over 33 offshore wind power foundations to Danish giant Orsted
The recent handover of 33 foundations manufactured by Petrovietnam Technical Services Corporation (PTSC) to an offshore wind power project of Orsted has been recognized as an outstanding work of state-owned Petrovietnam.
Companies - Tue, June 17, 2025 | 11:35 pm GMT+7
Energy Asia 2025 kicks off in Malaysia
Energy Asia 2025 - a premier thought leadership and business advocacy forum, championing Asia’s pivotal role in the global energy transition - kicked off in Kuala Lumpur, Malaysia, on Monday.
Southeast Asia - Tue, June 17, 2025 | 11:29 pm GMT+7
Indonesia to start operating first ocean power plant in 2028
Indonesia’s Energy and Mineral Resources Ministry has announced that construction of the country's first ocean power plant will begin soon, with operations targeted to start in 2028.
Southeast Asia - Tue, June 17, 2025 | 11:27 pm GMT+7
Provincial police chief appointed chairman of Vietnam's telecom giant MobiFone
The Ministry of Public Security has appointed Major General Truong Son Lam, director of Ben Tre province's Police Department, as chairman of MobiFone's board of members.
Economy - Tue, June 17, 2025 | 10:14 pm GMT+7
Trump family to receive $5 mln in license fees for mega golf course development in Vietnam
The Trump family business is set to receive $5 million in license fees for a mega golf course complex in the northern Vietnam province of Hung Yen, according to a financial disclosure report released by the U.S. Office of Government Ethics.
Real Estate - Tue, June 17, 2025 | 9:26 pm GMT+7
Vietnam continues to drill oil discoveries, helping to ensure national energy security: broker
Vietnam has been consistently discovering oil in wells across both producing and developing fields, which, according to leading broker Vietcombank Securities (VCBS), will help ensure national energy security amid a rapid decline in domestic gas supplies.
Economy - Tue, June 17, 2025 | 5:08 pm GMT+7
Chinese companies seek to further partner with Vietnam Electricity
Several Chinese companies met with state utility Vietnam Electricity (EVN) between May 27 and June 12, seeking more cooperation opportunities.
Companies - Tue, June 17, 2025 | 3:50 pm GMT+7
Unilever to expand investment capital at southern Vietnam plant to $105 mln
Unilever Vietnam plans to raise the investment capital of its factory in Ho Chi Minh City, a southern metropolis, to VND2.7 trillion ($104.5 million), according to a recent environmental impact assessment report.
Industries - Tue, June 17, 2025 | 2:45 pm GMT+7
VAT in Vietnam cut to 8% for July 2025-Dec 2026 period
The National Assembly, Vietnam's legislature, has reduced the VAT rate from 10% to 8% for goods and services from July 1, 2025 to December 31, 2026.
Economy - Tue, June 17, 2025 | 2:13 pm GMT+7
Subsidiaries, affiliates ineligible for preferential corporate income tax in Vietnam
Subsidiaries and affiliates of enterprises in Vietnam will not be eligible for preferential corporate income tax (CIT) rates of 15-17%, starting from October 1, a move aimed to prevent abuse of incentives.
Economy - Tue, June 17, 2025 | 1:26 pm GMT+7
Vietnam Airlines to launch direct routes to Northern Europe, Italy
Vietnam Airlines will open a direct route from Vietnam to Italy on July 1, and another to Northern Europe on December 15, expanding its network to European countries, the national flag carrier stated on Monday.
Companies - Tue, June 17, 2025 | 12:05 pm GMT+7
Vietnam tightens rules on private placement bond issuance
Vietnamese businesses will only be permitted to issue private placement bonds if their total liabilities do not exceed five times their equity, according to a newly adopted law.
Finance - Tue, June 17, 2025 | 11:44 am GMT+7
Vietnamese property major Hoang Huy’s subsidiary eyes HCMC bourse listing in H2
CRV Real Estate Group JSC, a member of Vietnam's major property developer Hoang Huy Group (TCH), seeks to list its shares on the Ho Chi Minh City Stock Exchange (HoSE) in the second half of this year.
Real Estate - Tue, June 17, 2025 | 8:52 am GMT+7
