The Vietnam 5G infrastructure market size reached USD 105.01 Million in 2025 and is forecasted to reach USD 771.57 Million by 2034, growing at a CAGR of 24.81% during 2026-2034. The market expansion is fueled by strong government incentives including 15% equipment cost subsidies for enterprises deploying over 20,000 base stations, strategic spectrum allocations, and nationwide deployments by major telecom operators. Integration of emerging technologies like AI and IoT is enhancing Vietnam's digital foundation, positioning the country as a regional leader in next-generation connectivity.

Study Assumption Years

• Base Year: 2025

• Historical Years: 2020-2025

• Forecast Period: 2026-2034

Vietnam 5G Infrastructure Market Key Takeaways

• The Vietnam 5G infrastructure market was valued at USD 105.01 Million in 2025.

• The market is projected to reach USD 771.57 Million by 2034, growing at a CAGR of 24.81% during 2026-2034.

• Strong government financial incentives include 15% equipment subsidies for deployments exceeding 20,000 base stations.

• Strategic spectrum allocation across mid-band and low-band frequencies has enabled better coverage and capacity.

• National targets mandate 5G deployment across all localities, high-tech zones, industrial parks, and airports by 2025.

• Major telecom operators like Viettel, VNPT, and MobiFone are accelerating nationwide 5G infrastructure expansion.

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Market Growth Factors

Concerning policies, the Vietnamese government has issued general government directions, treating the 5G infrastructure as one of the pillars of the digital transformation process. The government's Digital Infrastructure Strategy to 2025 with a vision to 2030 focuses on developing 5G in all provinces and cities, industrial parks, R&D centres and transport hubs. Directive 05 by Prime Minister Pham Minh Chinh promotes 5G as the driving force for growth. Resolution 193/2025/QH15 gives telecommunications businesses a subsidy of 15% of the capital invested to build over 20,000 base stations, thereby reducing the costs of telecommunications networks. The government also allotted USD 500 million to let telecom networks upgrade within urban and industrial clusters. 5G is expected to play a major role in the digital economy is set to account for 30% of GDP by 2030.

Vietnamese telecom operators are seeking to deploy 5G networks on a large scale, especially throughout urban and rural areas of Vietnam. Viettel was the first operator to commercially deploy 5G infrastructure in Vietnam, and has deployed it nationwide to all provinces, industrial parks, airports, hospitals and smart city/agriculture services. Following VNPT and MobiFone's commercial launches and commune coverage, device costs have decreased. The 2.6 GHz, 3.5 GHz, and 700 MHz frequency bands have been auctioned off, improving infrastructure expansion and reducing the cost of rural infrastructure. This major deployment is a milestone in Vietnam's digital transformation, providing the high-speed backbone that will drive innovation and modernization of the economy.

5G and AI-cloud-Internet of Things (IoT)-edge computing digitally transform all industries. In November 2024, Viettel and Qualcomm together announced the launch of Vietnam's first commercial Open RAN 5G network. The network uses Qualcomm's 5G RAN platforms for operation. A USD 95 million joint venture with KT Corp, a South Korean telecommunications company, was formed for co-developing AI data centers, and Viettel subsequently developed a 140 MW AI data center in Ho Chi Minh City. Other telecommunications companies such as MobiFone expanded their B2B 5G-AI portfolios to 100+ digital solutions in healthcare, energy, education, and smart cities. This convergence has the potential to provide real-time data processing, ultra-low latency, and autonomous operation, easing a digital economy based on high-value, innovation-led services.

Market Segmentation

Communication Infrastructure

• Small Cell

• Macro Cell

• Radio Access Network (RAN)

• Others

This segmentation covers infrastructure types that include small cells for localized coverage, macro cells for wide-area coverage, radio access networks enabling wireless communication, and other infrastructure components.

Network Technology

• Software-defined Networking

• Network Function Virtualization

• Others

The market includes software-defined networking for flexible network control, network function virtualization for decoupling software from hardware, and other network technologies enhancing 5G deployment flexibility and efficiency.

Network Architecture

• Standalone

• Non-standalone

The division includes standalone 5G networks that operate independently and non-standalone networks that leverage existing 4G infrastructure for 5G deployment efficiency.

Frequency

• Sub-6 Ghz

• Above 6 Ghz

Frequencies below 6 Ghz provide broader coverage and better penetration, while above 6 Ghz caters to higher capacity and ultra-fast speeds, balancing coverage and performance requirements.

End User

• Automotive

• Energy and Utilities

• Healthcare

• Home User

• Others

This segment encompasses industrial and consumer applications ranging from automotive systems, energy grids, healthcare services, residential use, to other sectors benefiting from 5G technology.

Regional Insights

The report covers three major zones within Vietnam: Northern Vietnam, Central Vietnam, and Southern Vietnam. Market growth is driven by nationwide deployments targeting all provinces including urban and rural areas. Detailed regional market shares or CAGR values were not explicitly provided, but aggressive deployment strategies by leading operators indicate balanced growth across all regions with expansion to commune-level coverage enhancing accessibility.

Recent Developments & News

• March 2025: MobiFone commercialized 5G services on 3,800-3,900 MHz bands using both non-standalone and standalone architectures, offering speeds up to 1.5 Gbps, initially targeting major urban centers and planning nationwide expansion with over 100 products for digital transformation sectors.

• September 2024: Nokia signed a contract with Viettel Group to deploy 5G equipment across 22 provinces and 2,500 sites, utilizing their 5G AirScale portfolio including AirScale baseband solutions and Massive MIMO radios, marking a locally manufactured first for Vietnam's 5G networks.

• October 2024: Ericsson partnered with VNPT to deploy 5G technology in major cities with high subscriber density, dense tourism, and industrial areas, deploying SaaS-based 5G core managed by Ericsson on Google Cloud infrastructure, planned for 2025.

Key Players

• Viettel

• VNPT

• MobiFone

• Nokia

• Ericsson

• Qualcomm

• South Korea’s KT Corp

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