Viettel on Wednesday officially announced the commercial launch of its Open RAN (O-RAN) 5G Network, featuring key equipment developed in-house at the 5G Open RAN Connect conference held at the Viettel High Tech headquarters in Hà Nội.
For the fourth consecutive year, Ericsson has been ranked as the leader in the Frost Radar™ 5G Network Infrastructure Market 2024 analysis, highlighting the impact of the company’s strategy to meet the evolving needs of communications service providers (CSPs).
Viet Nam will commercialise 5G network in October using entirely domestically produced equipment, according to the Ministry of Information and Communications (MIC).
The development of 5G in Viet Nam will be the foundation for innovation for all economic sectors in the country, said Nguyen Phong Nha, deputy general director of the Authority of Telecommunications.
Viet Nam’s 5G is forecast to have a bright future with Government and regulator support while domestic manufacturing of 5G handsets could lower device costs and lend tailwinds to adoption.
Viettel Group posted consolidated profit of VND21.3 trillion (US$915 million) in the first half of the year, representing a 10.2 per cent year-on-year increase and surpassing 24.7 per cent of set targets.
More than 51 million Vietnamese access the internet, social media and apps through their smartphones daily, according to a recently released report by Appota Corporation.