08 April 2024

The Vietnam Posts and Telecommunications Group (VNPT) is the second telco to score 5G spectrum in March after winning the auction for the 3700-3800MHz band for 15 years.

While the price was not released, the Ministry of Information and Communications (MIC) set the starting price for the band at VND1.95 trillion.

VNPT said that the combination of the 3700-3800MHz band with its existing 1800MHz licence will give it “a great advantage in promoting 5G” in the future, as well as laying the foundation for 6G. VNPT is looking at 5G use cases like cloud, IoT, AI, machine learning and data analytics for the industrial sector, the report said.

Meanwhile, the MIC’s 5G auction for the 3800-3900MHz was cancelled due to “a lack of qualified bidders.” This is a potential complication in the strive towards bridging the digital divide; however, Vietnam’s telco sector is notoriously competitive, putting off new market entrants.