President Thuong asks Huawei to develop 5G in Vietnam
Vietnamese President Vo Van Thuong has asked Chinese tech giant Huawei to continue cooperating with authorities and businesses in Vietnam to develop digital infrastructure, 5G, and broadband in the Southeast Asian country that is seeking to accelerate digital transformation.
At a meeting with Liang Hua, chairman of Huawei, on the sidelines of the third Belt and Road Forum in Beijing on Thursday, Thuong hailed Huawei’s achievements in Vietnam and expressed hope that large Chinese corporations, including Huawei, will enhance cooperation and continue investing in Vietnam.

Vietnamese President Vo Van Thuong (right) meets with Liang Hua, chairman of Huawei in Beijing, October 19, 2023. Photo courtesy of Vietnam News Agency.
Liang Hua pledged to help improve Vietnam’s digital competitiveness and wished to contribute more to the development of a digital economy, digital society, and energy transition in Vietnam.
Huawei is working with some universities to train talents, and stands ready to cooperate with Vietnam in training digital human resources, Liang Hua added.
Huawei is a leading Chinese group in ICT infrastructure, digital energy, cloud computing and terminal equipment. It is present in over 170 countries and regions and ranks fourth in the world in terms of research and development investment
Vietnamese mobile network operators are conducting 5G commercial trials and are poised to deploy 5G from 2024.
In a talk with The Investor, Denis Brunetti - president of Ericsson Vietnam, Myanmar, Cambodia and Laos, said he hoped for strong data growth in Vietnam when commercial 5G is launched. With 5G in place, high growth and industrial areas will benefit from smart manufacturing (Industry 4.0) efficiencies and sustained productivity.
Also on Thursday, the Vietnamese president met with Li Zixue, chairman of the board of directors at ZTE, a multinational telecommunications equipment manufacturing corporation.
Praising ZTE’s business activities in Vietnam, Thuong emphasized that Vietnam wants Chinese enterprises, especially large enterprises with high levels of science and modern technology, to invest and expand in Vietnam. He believed that ZTE will have closer and more effective cooperation with Vietnamese businesses in the future.
Li Zixue said ZTE wishes to contribute to building digital infrastructure in Vietnam, thereby strongly supporting economic development.
Vietnamese President Vo Van Thuong met with Cai Qi, member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, member the Committee’s Secretariat and Chief of the Committee’s Office, in Beijing on October 19.
During the meeting, Thuong called on China to continue expanding the import of Vietnamese farm produce, increase investment in major projects typical for its development level, step up the partnership in connecting the countries’ road and railway infrastructure. He also suggested boosting cooperation in developing the digital economy, digital infrastructure and digital manpower.
- Read More
Dairy giant TH Group proposes 5 projects in southern Vietnam
TH Group, one of Vietnam’s leading dairy producers, has proposed five major projects in the southern province of Binh Phuoc, in the fields of industrial production and urban area, golf course and high-tech agricultural production zone developments.
Industries - Thu, May 29, 2025 | 12:02 pm GMT+7
2024 cyberattack 'a blessing in disguise' for Vietnam's leading broker VNDirect: chairwoman
The cybersecurity breach that major Vietnamese brokerage VNDirect Securities encountered in 2024 was "an unfortunate incident, but also a lucky chance", chairwoman Pham Minh Huong said on Wednesday.
Finance - Thu, May 29, 2025 | 9:48 am GMT+7
Vietnam prioritizes smart, green seaport projects: Deputy PM
Vietnam encourages smart and green seaport investments, as technical barriers related to CO2 emissions and CO2 taxes begin to be tightened up globally.
Infrastructure - Wed, May 28, 2025 | 10:07 pm GMT+7
New Zealand, Vietnam expand timber trade partnership
New Zealand Forestry and Trade Minister Todd McClay on Tuesday unveiled a new bilateral agreement with Vietnam designed to boost timber exports and remove potential trade barriers in the two countries' forestry sectors.
Companies - Wed, May 28, 2025 | 8:53 pm GMT+7
Norway vows to support Vietnam's energy transition
Norway is committed to supporting Vietnam’s energy transition, Norwegian Ambassador to Vietnam Hilde Solbakken said at a technical seminar held in Hanoi on Wednesday.
Companies - Wed, May 28, 2025 | 8:49 pm GMT+7
Thailand expected to become regional luxury retail hub
Thailand's luxury retail market is valued at $4.4 billion and projected to grow by approximately 5% annually through 2028, placing the country at the forefront of luxury retail in Southeast Asia and seventh in Asia-Pacific, according to property consultant CBRE Thailand.
Southeast Asia - Wed, May 28, 2025 | 8:44 pm GMT+7
Indonesia affirms role as leading global maritime hub
The Indonesia Maritime Expo, held as part of Indonesia Maritime Week 2025 on May 26-28, is the first large-scale maritime event in the country, aiming to affirm its role as a global maritime hub and promote the sustainable development of the region’s maritime industry.
Southeast Asia - Wed, May 28, 2025 | 8:41 pm GMT+7
Vietnam benchmark VN-Index hits 3-year high
The VN-Index, which represents the Ho Chi Minh Stock Exchange (HoSE), recorded a four-day gaining streak on Wednesday, rising 2.06 points, or 0.15%, to 1,341.87 points - the highest since May 2022.
Finance - Wed, May 28, 2025 | 6:37 pm GMT+7
HSBC launches sustainability improvement loan in Vietnam
HSBC has introduced its Sustainability Improvement Loan, a new financing solution tailored for businesses with annual turnover less than $550 million, in Vietnam, after launching it in 12 markets including the UK, Middle East, Hong Kong and Singapore last year.
Banking - Wed, May 28, 2025 | 6:15 pm GMT+7
CMA CGM, Saigon Newport to jointly develop deep-sea terminal in northern Vietnam
France's CMA CGM Group, a global player in sea, land, air, and logistics solutions, has signed a partnership agreement with Vietnam's Saigon Newport Corporation (SNP) to develop a deep-water terminal in Hai Phong city, northern Vietnam.
Infrastructure - Wed, May 28, 2025 | 5:01 pm GMT+7
Japan’s chipmaker Rapidus pledges semiconductor workforce training for Vietnam
Rapidus Corporation, a semiconductor manufacturer of Japan, has affirmed its readiness to train semiconductor workforce for Vietnam.
Economy - Wed, May 28, 2025 | 3:21 pm GMT+7
Corporate leaders offer insight into Vietnam's social housing investment landscape
Corporate leaders explained why they are reluctant to invest in social housing, despite the enormous demand in Vietnam, and recommended solutions. Kim Ngan reports.
Real Estate - Wed, May 28, 2025 | 2:49 pm GMT+7
France’s pharma giant Sanofi to transfer vaccine production tech to VNVC factory in southern Vietnam
Sanofi will transfer vaccine production technology to a Long An province-based factory of Vietnam Vaccine Joint Stock Company (VNVC), whose construction began on Tuesday.
Companies - Wed, May 28, 2025 | 11:54 am GMT+7
Telco giant Viettel, S Korea’s KT partner to boost AI transformation in Vietnam
Vietnam’s military-run telecom heavyweight Viettel has signed a strategic partnership agreement with KT, formerly known as Korea Telecom, to advance AI transformation (AX) in the Southeast Asian nation.
Companies - Wed, May 28, 2025 | 9:21 am GMT+7
Japanese companies should be 'early-bird investors' in Vietnam’s semiconductor industry
Vietnam’s Deputy Prime Minister Nguyen Chi Dung has urged Japanese companies, particularly Kioxia Corporation, to take advantage of current opportunities and invest early in Vietnam’s emerging semiconductor industry.
Industries - Tue, May 27, 2025 | 10:03 pm GMT+7
French firms should invest more in renewable energy, infrastructure, agriculture: Vietnam's Deputy PM
French companies should enhance their business ties with Vietnam in the fields of high technology, sustainable development, renewable energy, infrastructure, transportation, and agriculture, says Deputy Prime Minister Ho Duc Phoc.
Investing - Tue, May 27, 2025 | 9:39 pm GMT+7