QUANG TRI TARGETS 6,000 MW WIND POWER CAPACITY BOOST
The central province of Quang Tri is seeking the Government’s approval to expand its wind power capacity by an additional 1,500-2,000 MW for onshore projects and 2,600-4,000 MW for offshore projects, according to the Vietnam News Agency.
GOOGLE TO MAKE ITS DEBUT IN VIETNAM
According to the emails, starting from April next year, Google Asia-Pacific, headquartered in Singapore, will transfer its contractual rights and obligations for advertising clients in Vietnam to Google Vietnam, based in Ho Chi Minh City.
TELECOMS SERVICE PROVIDERS INVEST IN 4G, 5G TECHNOLOGIES
The Ministry of Information and Communications (MIC) cited the Groupe Speciale Mobile Association (GSMA) and Ericsson as predicting that 4G will remain the dominant technology with the majority of subscribers, 55 per cent, to 2025.
HIGH-TECH PERSONNEL TO DRIVE COMPETITION
Vietnam is advancing new mechanisms and incentives to strengthen workforce quality as part of a strategy to engage high-tech investment and enhance its economic competitiveness. The government announced at a recent National Assembly (NA) session that it would increase investments in education and training quality in the next few months.
HIGH-QUALITY WORKFORCE EMBEDDED IN NINH THUAN'S RENEWABLE ENERGY DEVELOPMENT
To harness its vast renewable energy potential, which Statista estimates at 120.30 billion kWh with an annual growth rate of 3.39 per cent from 2024 to 2029, Ninh Thuan, the region with the most favourable natural conditions in Vietnam for such development, recognises that without a skilled workforce, natural advantages alone cannot drive the industry towards sustainable growth.
OPPORTUNITIES FOR BUSINESSES IN 5G
The Ministry of Information and Communications has, as of 2024, granted licences for frequencies to deploy 5G networks to major operators like Viettel and VNPT, with the goal of achieving nationwide coverage by 2030. Viettel, the first network to successfully test commercial 5G technology in 2019, has now expanded testing to 61 provinces and cities nationwide.
VIETNAM'S IT SECTOR THIRSTY FOR NEW RECRUITS
The rapid development of the technology market creates numerous job opportunities and poses significant challenges for businesses. One of the most notable challenges is the shortage of skilled professionals. According to the Ministry of Information and Communications, Vietnam's IT market needs to add at least 500,000 technology workers in 2025 to meet demand. This necessitates a pressing need for businesses to implement upskilling and reskilling programmes for their employees.
5G OPPORTUNITIES FOR DOMESTIC AND GLOBAL BUSINESSES
Mobile network operators in Vietnam are rapidly deploying 5G infrastructure, poised to unlock new revenue opportunities for themselves and for domestic and international technology firms. This advancement is set to play a pivotal role in accelerating the country’s digital transformation and fostering the development of its digital economy.
