Telecom giant Viettel launches Vietnam’s first commercial 5G service

By Tri Duc
Tue, October 15, 2024 | 5:20 pm GMT+7

Viettel Military Industry and Telecoms Group (Viettel) launched Vietnam’s first commercial 5G service on Tuesday, marking the event as a celebration of its 20th anniversary.

Viettel said it has installed over 6,500 base transceiver stations (BTS) to provide 5G services to all 63 localities in Vietnam, focusing in particular on tourism sites, seaports, airports, industrial parks, hospitals, and schools.

Rita Mokbel (left), head of Ericsson Vietnam; Tao Duc Thang (right, second), chairman and general director of Viettel, at the launching ceremony of Viettel 5G service in Hanoi, October 15, 2024. Photo courtesy of Viettel.

Rita Mokbel (left), head of Ericsson Vietnam; Tao Duc Thang (right, second), chairman and general director of Viettel, at the launching ceremony of Viettel 5G service in Hanoi, October 15, 2024. Photo courtesy of Viettel.

The new service’s connection speed can reach 1 Gbps, 10-fold that of 4G, with nearly zero ping. Viettel is deploying the service on both non-stand-alone (NSA) and stand-alone (SA) platforms.

For individual customers, the service provider is offering 11 pre-paid and eight post-paid packages, aiming to support content creators.

For business customers, it is providing 130 use case options for industrial production, smart city, logistics-transport, agriculture, healthcare, education, and energy sectors, integrated with cloud, artificial intelligence (AI) and Internet of Things (IoT) technologies.

Established in 2004, Viettel launched its 3G service in 2010 and 4G service in 2017. It made the first call for the 5G service with a connection speed of 1.5-1.7 Gbps in May 2019, and another first call with its self-made equipment in January 2020.

VinaPhone and MobiFone, major competitors of Viettel, have also announced their 5G plans recently. VinaPhone started offering trial use of 5G services in some areas in October 13-November 15, while MobiFone aims to begin trial use some time this month.

The Ministry of Information and Communications had said earlier that telecom service providers in Vietnam have been testing 5G services for several years and would be ready to provide commercial services in 2024.

Comments (0)
  • Read More
Vietnam central bank may step up forex purchase as USD/VND rate cools: broker

Vietnam central bank may step up forex purchase as USD/VND rate cools: broker

The Vietnamese central bank is expected to purchase more foreign currency to enrich its forex arsenal given ample supplies and a much weaker greenback, Hanoi-based Vietcombank Securities says.

Banking - Tue, October 15, 2024 | 4:37 pm GMT+7

Vietnam Q3 housing supply surges 60%, affordable housing scarcity remains

Vietnam Q3 housing supply surges 60%, affordable housing scarcity remains

Housing supply in Vietnam fell 25% quarter-on-quarter to 22,412 units in Q3/2024, but the number marked a 60% increase year-on-year, according to a report by the Vietnam Association of Realtors (VARS).

Real Estate - Tue, October 15, 2024 | 4:28 pm GMT+7

Japan’s semiconductor maker Rorze invests extra $330 mln in northern Vietnam facility

Japan’s semiconductor maker Rorze invests extra $330 mln in northern Vietnam facility

Japan’s Rorze Corporation, a semiconductor and automation business, will invest $330 million more in its Vietnam subsidiary Rorze Robotech Co., Ltd., based in the northern coastal city of Hai Phong.

Industries - Tue, October 15, 2024 | 3:58 pm GMT+7

S Korea chaebol Hyosung to invest $4 bln more in Vietnam

S Korea chaebol Hyosung to invest $4 bln more in Vietnam

Hyosung plans to invest an additional $4 billion in Vietnam as the South Korean chaebol commits to long-term engagement in the Southeast Asian country.

Industries - Tue, October 15, 2024 | 11:50 am GMT+7

Vietnam steelmaker Hoa Phat sees earnings jump 140% in Jan-Sept

Vietnam steelmaker Hoa Phat sees earnings jump 140% in Jan-Sept

Hoa Phat Group, the largest steelmaker in Vietnam by market value, says it earned a net profit of VND9,210 billion ($370 million) in the first three quarters this year, up 140% year-on-year.

Companies - Tue, October 15, 2024 | 11:07 am GMT+7

China’s Sungrow Renewables plans extra $1 bln investment in Vietnam

China’s Sungrow Renewables plans extra $1 bln investment in Vietnam

Chinese firm Sungrow Renewables plans to invest an additional $1 billion in renewable energy with a combined capacity of one gigawatt in Vietnam, helping the Southeast Asian country reach its net zero emission target by 2050.

Energy - Tue, October 15, 2024 | 10:40 am GMT+7

Bamboo Airways resumes Vietnam-Thailand service after 1-year hiatus

Bamboo Airways resumes Vietnam-Thailand service after 1-year hiatus

Ho Chi Minh City-based Bamboo Airways has announced it will resume flights between HCMC and Thailand’s Bangkok next month after a one-year suspension.

Travel - Tue, October 15, 2024 | 9:32 am GMT+7

Vietnam's drug imports rise 24% to $3.15 bln in 9 months

Vietnam's drug imports rise 24% to $3.15 bln in 9 months

Vietnam’s pharmaceutical import reached nearly $3.15 billion in the first nine months of 2024, up 24.2% year-on -year, according to the General Department of Vietnam Customs.

Economy - Tue, October 15, 2024 | 8:00 am GMT+7

New Vietnamese movies to hit cinemas at year-end

New Vietnamese movies to hit cinemas at year-end

Vietnamese filmmakers have announced the release of new movies by the end of this year.

Travel - Mon, October 14, 2024 | 11:57 pm GMT+7

Vietnam fares better in Asia Power Index 2024

Vietnam fares better in Asia Power Index 2024

Vietnam ranks 12th among the 27 countries and territories in the Asia Power Index 2024, recently launched by the Australia-based Lowy Institute, with its overall score gaining 1.2 points compared to last year.

Southeast Asia - Mon, October 14, 2024 | 10:21 pm GMT+7

Singapore keeps monetary policy unchanged

Singapore keeps monetary policy unchanged

The Monetary Authority of Singapore (MAS) on Monday decided to keep unchanged its monetary policy stance, as its economy improved in the third quarter of this year.

Southeast Asia - Mon, October 14, 2024 | 10:19 pm GMT+7

China, Laos plan to build connectivity development corridor with Thailand

China, Laos plan to build connectivity development corridor with Thailand

China and Laos have signed a joint statement aimed at elevating bilateral cooperation, focusing on the ambitious development of a connectivity development corridor between the two countries and Thailand.

Southeast Asia - Mon, October 14, 2024 | 10:16 pm GMT+7

Gov’t should promote specialized software for farmers towards digital transformation: agri exec

Gov’t should promote specialized software for farmers towards digital transformation: agri exec

Policies initiated by the government to promote specialized software for farmers will facilitate digital transformation of the agriculture sector, says Tran Huy Duong, chairman of hi-tech agri firm Lang Biang.

Companies - Mon, October 14, 2024 | 10:14 pm GMT+7

HCMC-based infrastructure builder CII to develop retirement-healthcare real estate

HCMC-based infrastructure builder CII to develop retirement-healthcare real estate

Ho Chi Minh City Infrastructure Investment JSC, or CII, plans to develop a retirement real estate model that integrates healthcare services.

Real Estate - Mon, October 14, 2024 | 8:45 pm GMT+7

Liechtenstein-based Lumen Vietnam Fund maintains positive outlook for Vietnamese stock market

Liechtenstein-based Lumen Vietnam Fund maintains positive outlook for Vietnamese stock market

Liechtenstein-domiciled Lumen Vietnam Fund has said it maintains a “positive outlook” for the Vietnamese stock market in the last months of 2024 and into 2025, given both external and internal driving factors.

Finance - Mon, October 14, 2024 | 6:13 pm GMT+7

S Korean group eyes resort, golf course project in south-central Vietnam

S Korean group eyes resort, golf course project in south-central Vietnam

South Korean group RAMID Hotel & Resort is surveying a golf academy, resort and golf course project in the south-central province of Binh Dinh, according to the provincial Department of Planning and Investment.

Real Estate - Mon, October 14, 2024 | 5:54 pm GMT+7