Top 10 Companies of 5G Technology in Vietnam

Vietnam is rapidly advancing in the adoption and deployment of 5G technology, driven by both local and international companies. The following are the top 10 companies leading the 5G technology landscape in Vietnam:

1. Viettel Group

• Website: Viettel Group

• Headquarters: Hanoi, Vietnam

• Estimated Revenue (2023): USD 11 billion

• Employees: 50,000+

• Main Business: Viettel is Vietnam’s largest telecommunications company and a key player in 5G deployment. The company has been actively rolling out 5G networks across the country and is also involved in developing 5G-enabled applications and services.

• Key Competitors: Vinaphone, MobiFone

• Prominent Customers: Vietnamese consumers, enterprises, government agencies

2. Vinaphone (VNPT Group)

• Website: Vinaphone

• Headquarters: Hanoi, Vietnam

• Estimated Revenue (2023): USD 5 billion (VNPT Group)

• Employees: 40,000+ (VNPT Group)

• Main Business: Vinaphone, under VNPT Group, is one of Vietnam’s leading mobile network operators. The company is actively involved in the 5G rollout, focusing on enhancing mobile broadband services and exploring 5G applications in smart cities and IoT.

• Key Competitors: Viettel, MobiFone

• Prominent Customers: Consumers, businesses, government organizations

3. MobiFone Corporation

• Website: MobiFone

• Headquarters: Hanoi, Vietnam

• Estimated Revenue (2023): USD 2 billion

• Employees: 6,000+

• Main Business: MobiFone is one of the oldest and most established mobile network operators in Vietnam. The company is a key player in the deployment of 5G networks and offers various 5G services, including enhanced mobile broadband and enterprise solutions.

• Key Competitors: Viettel, Vinaphone

• Prominent Customers: Vietnamese consumers, SMEs, large enterprises

4. FPT Telecom

• Website: FPT Telecom

• Headquarters: Hanoi, Vietnam

• Estimated Revenue (2023): USD 1 billion (FPT Corporation)

• Employees: 17,000+ (FPT Corporation)

• Main Business: FPT Telecom, a subsidiary of FPT Corporation, is one of Vietnam’s leading ISPs and is investing in 5G technology. The company focuses on providing high-speed internet services and exploring 5G applications in digital transformation for businesses.

• Key Competitors: Viettel, Vinaphone

• Prominent Customers: Consumers, enterprises, public sector

5. Ciena Vietnam

• Website: Ciena

• Headquarters: Ho Chi Minh City, Vietnam (Regional Office)

• Estimated Revenue (2023): Data specific to Vietnam not disclosed; Ciena global revenue is USD 4 billion

• Employees: 100+ in Vietnam

• Main Business: Ciena provides networking solutions that support the 5G infrastructure in Vietnam. The company is involved in the deployment of 5G backhaul and core networks, enabling telecom operators to enhance their 5G services.

• Key Competitors: Nokia, Ericsson

• Prominent Customers: Telecom operators, enterprises, government entities

6. Ericsson Vietnam

• Website: Ericsson Vietnam

• Headquarters: Hanoi, Vietnam (Regional Office)

• Estimated Revenue (2023): Data specific to Vietnam not disclosed; Ericsson global revenue is USD 25 billion

• Employees: 200+ in Vietnam

• Main Business: Ericsson is a leading provider of 5G network infrastructure in Vietnam. The company works closely with local telecom operators to deploy 5G networks and explore advanced 5G applications in various industries.

• Key Competitors: Huawei, Nokia

• Prominent Customers: Viettel, Vinaphone, MobiFone, enterprises

7. Nokia Vietnam

• Website: Nokia Vietnam

• Headquarters: Hanoi, Vietnam (Regional Office)

• Estimated Revenue (2023): Data specific to Vietnam not disclosed; Nokia global revenue is USD 24 billion

• Employees: 150+ in Vietnam

• Main Business: Nokia provides 5G infrastructure and solutions in Vietnam, supporting the rollout of 5G networks by local telecom operators. The company is also involved in developing 5G applications in areas like smart cities and industrial automation.

• Key Competitors: Ericsson, Huawei

• Prominent Customers: Telecom operators, government, industrial clients

8. Huawei Technologies Vietnam Co., Ltd.

• Website: Huawei Vietnam

• Headquarters: Hanoi, Vietnam (Regional Office)

• Estimated Revenue (2023): Data specific to Vietnam not disclosed; Huawei global revenue is USD 92 billion

• Employees: 500+ in Vietnam

• Main Business: Huawei is a significant player in Vietnam’s 5G market, providing network equipment and solutions to local telecom operators. Despite geopolitical challenges, Huawei continues to support the 5G infrastructure development in Vietnam.

• Key Competitors: Ericsson, Nokia

• Prominent Customers: Viettel, Vinaphone, MobiFone, enterprises

9. VNPT Technology

• Website: VNPT Technology

• Headquarters: Hanoi, Vietnam

• Estimated Revenue (2023): Data not publicly disclosed

• Employees: 1,000+

• Main Business: VNPT Technology is the technology arm of VNPT Group, focusing on developing telecom equipment and solutions, including 5G technology. The company is involved in R&D and manufacturing of 5G devices and network components.

• Key Competitors: FPT Telecom, local tech startups

• Prominent Customers: VNPT Group, government, enterprises

10. CMC Telecom

• Website: CMC Telecom

• Headquarters: Hanoi, Vietnam

• Estimated Revenue (2023): USD 100 million

• Employees: 1,200+

• Main Business: CMC Telecom is a growing telecommunications provider in Vietnam, offering internet services and cloud solutions. The company is expanding its focus to include 5G technology, particularly in enterprise solutions and smart city projects.

• Key Competitors: FPT Telecom, VNPT Technology

• Prominent Customers: Enterprises, government, tech startups

These companies are instrumental in driving the adoption and deployment of 5G technology in Vietnam. Their efforts are supported by government initiatives, strategic partnerships, and a growing demand for digital transformation across various sectors.