Want to be in the loop?
subscribe to
our notification
Business News
VIETNAM PLANS DEVELOPMENT OF 4G SERVICES
He added that Vietnam is one among many countries that already have the bands for 4G services, quoted by itcnews.vn, adding that the department has remained focused on adopting these frequency bands in the country during the past to enhance accessibility and efficiency.
Hoan added that the auction for the frequency brands is expected to be carried out by the end of this year or latest by the beginning of 2016.
Choosing a right time for the launch of a new technology is critical, experts said, pointing out that Vietnam was not among the first countries to launch 3G services, but that might have been the right time, considering that equipment prices were more reasonable and contributed to the success of 3G services in the country.
According to network providers, more than 30 percent of mobile subscribers use 3G services and that percentage is expected to increase to more than 50 percent by the end of this year.
Thieu Phuong Nam, country manager of Qualcomm Vietnam, Cambodia and Laos was quoted by the online newspaper as saying that Vietnam is completely ready for 4G services. In addition, the prices of 4G-supported smartphones are much more affordable.
“The development of 4G services in 2015 will impart benefits to both users and network providers,” Nam said, adding that the implementation should focus on major cities first, including Hanoi, Ho Chi Minh City and Da Nang City.
Source: Business Times
Related News
BANKS LAUNCH CROSS-BORDER QR PAYMENTS TO TAP GROWING DIGITAL ECONOMY
Banks are rolling out cross-border QR payment services enabling consumers to make international transactions directly through domestic banking apps to tap into the country’s fast-growing digital economy. The expansion of QR-based payments is gradually reshaping spending habits, reducing reliance on cash and international cards while offering faster and more transparent transactions at points of sale.
VIETNAM’S SMALL BUSINESSES TOP ASIA‑PACIFIC GROWTH RANKINGS
Vietnamese small businesses posted the strongest performance among 11 Asia Pacific markets in 2025, with 84% reporting growth, up from 82% a year earlier, according to CPA Australia’s small business survey. This momentum is forecast to continue in 2026 with 89% of small businesses expecting to grow on the back of a strong focus on technology, e-commerce, and improved business management.
VIETNAM’S IMPORTS FROM CHINA TOP US$50 BILLION IN Q1
Vietnam’s imports from China in the first quarter of 2026 surged a staggering 31.6% year-on-year to more than US$50 billion, accounting for around 40% of the country’s total imports, customs data showed. The increase was driven largely by technology goods and industrial equipment. Imports of computers, electronics and components jumped 62.2% to US$16.77 billion, while machinery, equipment, tools and spare parts rose 25% to US$9.72 billion.
VIETNAM TARGETS OVER 30 AIRPORTS, 25 RAILWAY LINES BY 2050
Vietnam plans to expand its nationwide civil aviation network to more than 30 airports by 2050, with total capacity reaching 533 million passengers per year. Minister of Construction Tran Hong Minh told the National Assembly on April 20, as the country accelerates decentralization and diversifies funding sources for transport infrastructure.
FIRST-QUARTER GROWTH HITS RECORD HIGH DESPITE GLOBAL VOLATILITY
According to Dragon Capital, Vietnam’s growth momentum strengthened in March following Lunar New Year normalisation, reinforcing confidence that the expansion remained firmly intact through the first quarter of 2026. GDP grew 7.8 per cent on-year in the first quarter, with industry and construction rising 8.9 per cent and services 8.2 per cent, highlighting that growth is not solely reliant on exports and manufacturing, but is increasingly supported by services and domestic demand.
FRUIT AND VEGETABLE EXPORTS SURGE ON GLOBAL DEMAND
Việt Nam’s fruit and vegetable exports have made a strong start to the year, with rising shipments and tighter compliance with international standards helping producers tap robust global demand, according to the Vietnam Fruit and Vegetables Association. The association reported export earnings of nearly US$532 million in April, bringing total export value to $2.06 billion in the first four months of the year, up 22 per cent year-on-year.
























