The Vietnam 5G infrastructure market size reached USD 105.01 Million in 2025 and is projected to reach USD 771.57 Million by 2034, growing at a CAGR of 24.81% during 2026-2034. Rapid expansion is fueled by strong government support, effective spectrum allocation, and accelerated deployments by major telecom operators. Integration with AI and IoT, along with advancements in fiber connectivity and network virtualization, strengthens Vietnam's digital foundation, positioning it as a regional leader in next-generation connectivity.
Study Assumption Years
Base Year: 2025
Historical Year/Period: 2020-2025
Forecast Year/Period: 2026-2034
Vietnam 5G Infrastructure Market Key Takeaways
The Vietnam 5G infrastructure market was valued at USD 105.01 Million in 2025 and is expected to reach USD 771.57 Million by 2034, growing at a CAGR of 24.81% during 2026-2034.
Government incentives include 15% equipment cost subsidies for enterprises deploying over 20,000 base stations.
Strategic spectrum allocation covers mid-band and low-band frequencies to support extensive coverage.
National targets require deployment across all localities, high-tech zones, industrial parks, and international airports by 2025.
Key telecom operators like Viettel, VNPT, and MobiFone are accelerating 5G rollouts nationwide.
Integration of 5G with AI and IoT is enhancing network capabilities and enabling advanced applications.
Sample Request Link: https://www.imarcgroup.com/vietnam-5g-infrastructure-market/requestsample
Market Growth Factors
The Vietnamese government envisions 5G enabling national digital transformation and developing socioeconomic status. The government made a priority of spreading 5G nationwide to all provinces, industrial parks, research and development centers and major transport hubs by 2030 in the Digital Infrastructure Strategy to 2025 with a Vision to 2030. This is USD 500 million for telecommunications infrastructure upgrades and 15% subsidies for equipment, with companies operating over 20,000 base stations. Prime Minister's Directive 05 makes 5G commercialization a foundation of national economic development, along with expanding broadband across the country. They also plan to strongly establish a 5G ecosystem, and contribute up to 30% of the digital economy to GDP by 2030.
However, the three biggest telecommunications carriers are aggressively pushing on with 5G infrastructure development. Viettel, the first carrier for commercially launching 5G, has a plan. The plan is to build 20,000 new 5G base stations by 2025 in all provinces and major cities. Industrial parks, airports, seaports, hospitals and schools are priorities. National operators, VNPT and MobiFone, have made nationwide deployments & coverage down to the commune level possible in a context of lower price of hardware components and successful spectrum auctions, encouraging the deployment of services in more areas and forming the basis of Vietnam's digital transformation & high-speed communication network.
Vietnam's 5G with AI, cloud, IoT and edge computing allows for modern applications across sectors. In late 2024, Viettel and Qualcomm enacted the first commercial Open RAN 5G network within Vietnam, which enabled flexible, virtual, energy-efficient deployments and integrated multiple vendors and technologies. Viettel partnered with South Korea's KT Corp with USD 95 million to set up AI Data Centers and a GPU Farm. MobiFone offers 5G and AI integrated B2B solutions with over 100 digital services for health care, energy, education and smart cities. Combined, they allow for low-latency, real-time data processing and autonomous decisions, important to a digitally competitive economy.
Market Segmentation
By Communication Infrastructure:
Small Cell
Macro Cell
Radio Access Network (RAN)
Others
Description: This segment includes small cells for localized coverage, macro cells providing wide-area service, RAN components facilitating radio connection, and others supporting the network infrastructure.
By Network Technology:
Software-defined Networking
Network Function Virtualization
Others
Description: This category covers software-defined networking for programmatic network management, network function virtualization enhancing flexibility, and other emerging technologies.
By Network Architecture:
Standalone
Non-standalone
Description: Standalone architecture operates independently for 5G services, while non-standalone combines 5G with existing 4G infrastructure for transitional deployments.
By Frequency:
Sub-6 Ghz
Above 6 Ghz
Description: Frequency segmentation encompasses sub-6 GHz bands, offering wide coverage and good penetration, and above 6 GHz (millimeter waves) bands, providing ultra-high speeds over shorter distances.
By End User:
Automotive
Energy and Utilities
Healthcare
Home User
Others
Description: This segmentation includes various end-user sectors such as automotive applications, energy and utilities industry use cases, healthcare services, residential consumers, and additional sectors.
Regional Insights
The Vietnam 5G infrastructure market is analyzed across three major regions: Northern Vietnam, Central Vietnam, and Southern Vietnam. The report details coverage expansion initiatives by major telecom operators that now span all provinces nationally, extending even to commune-level locations. These regional strategies contribute significantly to the aggressive 5G network deployment and market growth across Vietnam.
Recent Developments & News
March 2025: MobiFone officially commercialized its 5G services, becoming the third Vietnamese operator to offer 5G after Viettel and VNPT, operating on 3,800-3,900 MHz bands with speeds up to 1.5 Gbps.
September 2024: Nokia signed a contract with Viettel to deploy 5G equipment nationwide across 22 provinces and 2,500 sites featuring locally manufactured technology.
October 2024: Ericsson and VNPT announced their partnership for 5G deployment in major cities, using energy-efficient radio products and a SaaS-based 5G core built on Google Cloud, with deployment scheduled for 2025.
Key Players
Viettel
VNPT
MobiFone
Nokia
Ericsson
Qualcomm
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
About Us
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us
IMARC Group,
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No: (D) +91 120 433 0800
United States: +1-201971-6302
