5377730933_64fd363fbd_b

Vietnam Plans Greater Investment in Internet Infrastructure


In order to satisfy customers’ expanding needs, the country’s Internet infrastructure is expected to receive significant investment in 2022. Last year, Vietnam set a new record for Internet subscriptions, with approximately 71 million mobile broadband subscriptions and 18.8 million fixed broadband connections.

From 2020, they are expected to rise by 4% and 14.6 per cent, respectively. Two-thirds of the population had access to the internet. In 2021, the amount of traffic on the internet increased by more than 40%.

Telecom companies have accelerated the development of broadband infrastructure. The 5G network has been tested in 16 provinces and cities so far, while 4G covers 99.8% of the population and cable Internet is available in 100% of communal-level towns.

This is based on statistics from the Telecommunications Authority, which is part of the Ministry of Information and Communications (MIC).

Pan Finance is a print journal and news website providing worldwide intelligence on finance, economics and global commerce. Known for our in-depth analysis and opinion pieces from esteemed academics and celebrated professionals; our readership consists of senior decision makers from across the globe.

Contact us

PAN Finance