Vietnam 5G Enterprise Market

Vietnam 5G Enterprise Market Overview:

The Vietnam 5G enterprise market size reached USD 27.00 Million in 2024. The market is projected to reach USD 264.63 Million by 2033, exhibiting a growth rate (CAGR) of 25.64% during 2025-2033. The market is rising due to the rapid digital transformation across industries, government support for Industry 4.0, and growing demand for high-speed, low-latency connectivity. In addition to this, the enterprises in manufacturing, logistics, and smart cities are bolstering the adoption to enable automation, Internet of Things (IoT), and artificial intelligence (AI) applications. Rising investments from major telecom operators, coupled with foreign partnerships, further contribution to the Vietnam 5G enterprise market share. Additionally, Vietnam’s expanding tech-savvy workforce and increasing reliance on cloud services create strong momentum, positioning 5G as a critical enabler of enterprise competitiveness and innovation.

Vietnam 5G Enterprise Market Trends:

Digital Transformation Across Industries

The need for 5G technology is growing, and more Vietnamese businesses are adopting digital transformation to stay competitive. Several industries, including manufacturing, shipping, healthcare, and finance, are adopting cutting-edge digital solutions like cloud computing, IoT devices, and AI analytics. These industries require low-latency, dependable, and quick communication. 5G offers telemedicine through remote healthcare monitoring, predictive maintenance for factories, real-time data sharing, and improved logistics automation, all of which significantly increase corporate productivity and decrease downtime. The mass deployment of smart devices and mobile applications across companies also fuels the need for robust 5G networks. With companies seeking to digitalize operations and remote work and connected services, 5G will be critical for scalability, speed of decision-making, and innovation, hence driving the Vietnam 5G enterprise market growth.

Government Support and Policy Initiatives

The Vietnamese government has created a favorable legislative and infrastructure environment to encourage the use of 5G in businesses. With programs such as the "National Digital Transformation Program 2025–2030," authorities hope to quicken the rollout of 5G, support the growth of smart cities, and entice businesses to digitize. Public-private partnerships, investment incentives, and spectrum allocation policies lower obstacles for telecom operators and businesses, and pilot projects in urban and industrial areas show real-world 5G use cases. To further expedite deployment, the government introduced a subsidy covering 15% of telecom companies’ equipment costs, targeting the establishment of 20,000 base stations by the end of 2025. Regulatory support ensures network security, interoperability, and standardization, enabling enterprises to integrate 5G with AI, IoT, and automation systems. This proactive strategy creates a strong ecosystem for organizational innovation and digital transformation while reducing implementation costs and acceptance risks.

Rising Demand for IoT and Smart Enterprise Solutions

Another significant Vietnam 5G enterprise market trend is the ongoing boom in IoT adoption and smart enterprise. Businesses are increasing their investments in automation, AI-driven analytics, and connected devices in an effort to increase efficiency, reduce expenses, and enhance customer satisfaction. 5G's ultra-low latency and high bandwidth allows continuous device connectivity, data-hungry apps, and real-time monitoring all of which are critical for intelligent logistics, smart manufacturing, and remote healthcare services. The rising interest for predictive maintenance, supply chain optimization, and data-driven decision-making in industrial and commercial industries generates high demand for 5G infrastructure is impelling the market demand. Moreover, competitive pressures to innovate quicker and provide digital services force companies to implement 5G-enabled solutions, which is why it becomes a key backbone for Vietnam's changing industrial and business environment while enabling sustainable growth and technology advancement.

Vietnam 5G Enterprise Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on frequency, spectrum, network type, organization size, and industry vertical.

Frequency Insights:

• Sub-6Ghz
• mmWave

The report has provided a detailed breakup and analysis of the market based on the frequency. This includes Sub-6Ghz and mmWave.

Spectrum Insights:

• Licensed
• Unlicensed/Shared

A detailed breakup and analysis of the market based on the spectrum have also been provided in the report. This includes licensed and unlicensed/shared.

Network Type Insights:

• Hybrid Networks
• Private Networks
• Enterprise Network
• CSP Network

A detailed breakup and analysis of the market based on the network type have also been provided in the report. This includes hybrid networks, private networks, enterprise network, CSP network.

Organization Size Insights:

• Small and Medium-sized Enterprises
• Large Enterprises

The report has provided a detailed breakup and analysis of the market based on the organization size. This includes small and medium-sized enterprises and large enterprises.

Industry Vertical Insights:

• BFSI
• Healthcare
• Retail and E-Commerce
• IT and Telecom
• Manufacturing
• Government and Public Sector
• Energy and Utility
• Media and Entertainment
• Others

A detailed breakup and analysis of the market based on the industry vertical have also been provided in the report. This includes BFSI, healthcare, retail and e-commerce, IT and telecom, manufacturing, government and public sector, energy and utility, media and entertainment, and others.

Regional Insights:

• Northern Vietnam
• Central Vietnam
• Southern Vietnam

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Vietnam, Central Vietnam, and Southern Vietnam.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Vietnam 5G Enterprise Market News:

• In July 2025, Vietnam’s government is accelerating 5G commercialization to drive economic growth and digital transformation, aiming for nationwide coverage by 2030 and average internet speeds of 100 Mbps by 2025. Supported by policies and investment incentives, telecom operators are deploying 5G infrastructure to enable IoT, AI, and other advanced technologies. This expansion enhances competitiveness, boosts sectors like healthcare, education, and manufacturing, and positions 5G as a key driver of industrialization and innovation.
• In March 2025, MobiFone officially launched its 5G services, becoming Vietnam’s third operator to commercialize 5G. Initially targeting major urban centers, the network will expand to all 63 provinces, delivering speeds up to 1.5 Gbps—10–15 times faster than 4G—with ultra-low latency. Operating on the 3,800–3,900 MHz band, MobiFone’s 5G supports high-tech applications for both individual and enterprise users, enhancing connectivity and enabling advanced digital solutions nationwide.
• In October, 2024, Viettel launched Vietnam’s first 5G network, marking 20 years of mobile service. Covering all 63 provincial capitals and key sites, the network offers speeds of 700 Mbps–1 Gbps with near-zero latency using NSA and SA 5G architectures. Viettel provides open APIs, 19 customer packages, and 130+ enterprise solutions across industries, integrating 5G with AI, IoT, and cloud. The launch positions Vietnam alongside global 5G advancements.

Vietnam 5G Enterprise Market Report Coverage:

Key Questions Answered in This Report:

• How has the Vietnam 5G enterprise market performed so far and how will it perform in the coming years?
• What is the breakup of the Vietnam 5G enterprise market on the basis of frequency?
• What is the breakup of the Vietnam 5G enterprise market on the basis of spectrum?
• What is the breakup of the Vietnam 5G enterprise market on the basis of network type?
• What is the breakup of the Vietnam 5G enterprise market on the basis of organization size?
• What is the breakup of the Vietnam 5G enterprise market on the basis of industry vertical?
• What is the breakup of the Vietnam 5G enterprise market on the basis of region?
• What are the various stages in the value chain of the Vietnam 5G enterprise market? 
• What are the key driving factors and challenges in the Vietnam 5G enterprise market?
• What is the structure of the Vietnam 5G enterprise market and who are the key players?
• What is the degree of competition in the Vietnam 5G enterprise market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Vietnam 5G enterprise market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Vietnam 5G enterprise market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Vietnam 5G enterprise industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.