Vietnam 5G Infrastructure Market Size, Share, Trends and Forecast by Communication Infrastructure, Network Technology, Network Architecture, Frequency, End User, and Region, 2026-2034

Vietnam 5G Infrastructure Market Summary:

The Vietnam 5G infrastructure market size reached USD 105.01 Million in 2025. The market is projected to reach USD 771.57 Million by 2034, growing at a CAGR of 24.81% during 2026-2034. The market is experiencing rapid expansion driven by strong government support, successful spectrum allocation, and accelerated deployments by major telecom operators. Advancements in fiber connectivity, network virtualization, and integration with emerging technologies such as AI and IoT are strengthening the country’s digital foundation. These developments are positioning Vietnam as a regional leader in next-generation connectivity, boosting the overall Vietnam 5G infrastructure market share.

Key Takeaways:

• The Vietnam 5G infrastructure market was valued at USD 105.01 Million in 2025.
• It is projected to reach USD 771.57 Million by 2034, growing at a CAGR of 24.81% during 2026-2034.
• Vietnam's aggressive 5G infrastructure expansion is propelled by comprehensive government financial incentives including 15 percent equipment cost subsidies for enterprises deploying over 20,000 base stations, strategic spectrum allocation across mid-band and low-band frequencies, and ambitious national targets requiring deployment across all localities, high-tech zones, industrial parks, and international airports by 2025.
• Segmentation highlights:
  • Communication Infrastructure: Small Cell, Macro Cell, Radio Access Network (RAN), Others
  • Network Technology: Software-defined Networking, Network Function Virtualization, Others
  • Network Architecture: Standalone, Non-standalone
  • Frequency: Sub-6 Ghz, Above 6 Ghz
  • End User: Automotive, Energy and Utilities, Healthcare, Home User, Others
• Regional Insights: The report covers major zones within Vietnam: Northern Vietnam, Central Vietnam, and Southern Vietnam.

Vietnam 5G Infrastructure Market Outlook (2026-2034):

The Vietnam 5G infrastructure market is positioned for exceptional growth as major telecommunications operators accelerate nationwide deployment plans with Viettel targeting 20,000 new base stations in 2025 alone while VNPT and MobiFone expand coverage to commune-level access points. The successful completion of critical spectrum auctions in the 2.6 GHz, 3.5 GHz, and 700 MHz bands has provided operators with essential frequency resources to support both coverage and capacity requirements. Government policies including Resolution 193 providing 15 percent financial incentives for large-scale deployments and Directive 05 emphasizing 5G commercialization as an economic growth lever will sustain infrastructure investment momentum. The convergence of 5G networks with artificial intelligence, Internet of Things, and edge computing technologies will unlock transformative applications across priority sectors including smart manufacturing, precision agriculture, intelligent transportation systems, and digital healthcare, driving sustained demand for advanced network infrastructure throughout the forecast period.

Impact of AI:

Artificial intelligence is fundamentally reshaping Vietnam's 5G infrastructure through intelligent network management systems that dynamically optimize resource allocation, predict maintenance requirements, and enhance operational efficiency. AI-powered automation enables real-time bandwidth adjustment during high-demand scenarios, prioritizing critical applications such as autonomous vehicles, remote surgery, and emergency services while minimizing latency. Network operators are leveraging AI for predictive analytics to identify potential bottlenecks, automatically detect abnormal traffic patterns indicating cybersecurity threats, and preemptively mitigate service disruptions compared to traditional reactive approaches. The integration of AI capabilities within 5G infrastructure is enabling the development of sophisticated use cases including smart city management, industrial automation, and precision agriculture, with major operators establishing dedicated 5G laboratories equipped with AI testing facilities to accelerate commercial deployment of next-generation applications across Vietnam's digital economy.

Market Dynamics:

Key Market Trends & Growth Drivers:

Government Policy Support and Strategic Digital Infrastructure Development

The Vietnamese government has implemented comprehensive policies positioning 5G infrastructure as a cornerstone of national digital transformation and economic modernization. In October 2024, Decision No. 1132/QD-TTg introduced the Digital Infrastructure Strategy to 2025 with a Vision to 2030, prioritizing 5G deployment across all provinces, industrial parks, R&D centers, and major transportation hubs. The plan aims to achieve near-universal population coverage by 2030, supported by major initiatives such as the installation of new international undersea fiber optic cables and the development of green-certified data centers. Reinforcing this, Prime Minister Pham Minh Chinh’s Directive 05/CT-TTg (March 2025) emphasized 5G commercialization and broadband expansion as key drivers of economic growth. Complementing regulatory efforts, Resolution 193/2025/QH15 introduced a 15% subsidy for telecom enterprises deploying over 20,000 5G base stations, significantly reducing capital expenditure burdens. The government also allocated around USD 500 million toward upgrading telecommunications infrastructure, particularly in major urban centers and industrial clusters. Collectively, these measures demonstrate Vietnam’s fiscal and strategic commitment to fostering a robust 5G ecosystem, viewed as critical to achieving its vision of a digital economy contributing up to 30% of GDP by 2030 through enhanced connectivity, digital services, and Industry 4.0 transformation.

Rapid Commercial Network Deployment and Nationwide 5G Expansion

Vietnamese telecommunications operators are rapidly advancing large-scale 5G infrastructure deployment, establishing extensive network coverage across both urban and rural regions through coordinated base station installations and efficient spectrum utilization. Viettel pioneered the nation’s first commercial 5G rollout, achieving broad coverage across all provinces and major cities, with particular emphasis on key economic and social hubs such as industrial parks, airports, seaports, hospitals, and educational institutions. Building on this foundation, the company is expanding its network to support advanced applications in smart cities, precision agriculture, and intelligent transportation systems, aligning with national goals for near-universal connectivity. Major operators VNPT and MobiFone have also accelerated 5G commercialization, launching services nationwide and expanding their infrastructure to cover a growing share of the population. Collectively, Vietnam’s leading carriers now operate across all provinces and continue to extend coverage to commune-level areas, ensuring widespread accessibility. Strategic deployment approaches, coupled with steadily declining equipment costs and improved spectrum availability through recent auctions, have enabled cost-efficient and scalable infrastructure expansion. These developments mark a critical phase in Vietnam’s digital transformation journey, reinforcing the nation’s commitment to establishing a robust, high-speed communications backbone that supports innovation, economic modernization, and the overall Vietnam 5G infrastructure market growth.

Integration of 5G with Artificial Intelligence and Emerging Technologies for Digital Transformation

Vietnam’s 5G advancement is being accelerated through strategic integration with emerging technologies including artificial intelligence (AI), cloud computing, the Internet of Things (IoT), and edge computing—creating a foundation for advanced digital applications across major industries. In November 2024, Viettel and Qualcomm launched Vietnam’s first commercial Open RAN 5G network using Qualcomm’s X100 and QRU100 5G RAN platforms, enabling flexible, virtualized, and energy-efficient deployments across hundreds of sites. Furthering this technological momentum, Viettel signed a USD 95 million agreement with South Korea’s KT Corp in May 2025 to co-develop AI data centers and GPU farms, following the launch of its 140 MW AI facility in Ho Chi Minh City. These developments underscore the fusion of 5G and AI for network optimization, predictive maintenance, and enhanced cybersecurity. Telecommunications firms like MobiFone are expanding 5G-AI integrated B2B portfolios with over 100 digital solutions spanning industrial automation, healthcare, energy, education, and smart city applications. The synergy between 5G and intelligent technologies is enabling real-time data processing, ultra-low latency communication, and autonomous operations, empowering Vietnam’s transition toward a high-value digital economy built on innovation, industrial efficiency, and globally competitive technology ecosystems.

Key Market Challenges:

Spectrum Allocation Delays and Complex Auction Processes

Vietnam continues to face major hurdles in implementing timely and efficient spectrum allocation, an essential step for scaling 5G deployment nationwide. Multiple auction rounds have experienced procedural setbacks and limited operator participation, delaying critical spectrum availability. The 700 MHz band, often referred to as the “diamond” spectrum for its superior propagation and indoor coverage, has been particularly problematic. Despite its strategic importance for extending affordable 5G services to rural and mountainous regions, initial auction attempts failed due to insufficient qualified bidders and procedural complications. For instance, the planned 2025 auction for the B2-B2’ block was canceled after only one company met eligibility requirements, postponing the release of vital frequencies. These delays create a ripple effect across the telecommunications ecosystem, as operators depend on spectrum certainty to finalize network rollout strategies and justify capital investments. While Viettel’s eventual acquisition of one 700 MHz block marked progress, unallocated frequencies still represent untapped infrastructure potential. The prolonged allocation timeline has constrained operators’ ability to deliver consistent and comprehensive 5G coverage, particularly outside major cities, and has slowed market competition. Streamlined regulatory coordination and transparent, inclusive auction processes are now crucial to accelerating Vietnam’s full-scale 5G expansion and ensuring balanced national coverage.

High Capital Expenditure and Infrastructure Deployment Costs

The rollout of 5G infrastructure across Vietnam demands exceptionally high financial investment, posing a substantial challenge for operators, especially smaller players striving to compete with market leaders. Nationwide deployment involves major spending on network equipment, site acquisition, civil construction, fiber backhaul, power systems, and installation labor. The dense network architecture required for 5G, which uses higher frequency bands with shorter propagation ranges, significantly raises the number of base stations needed compared to 4G. Although unit costs for equipment have declined sharply, the total capital burden remains immense due to volume requirements and ongoing expenses for maintenance, power, and site rentals. Additionally, operators face high upfront costs from spectrum acquisition, further straining balance sheets even before physical deployment begins. Smaller carriers often struggle to secure the financial backing necessary to build competitive networks, potentially leading to market consolidation and reduced competition. Furthermore, operators must juggle investments between maintaining existing 4G networks and constructing new 5G systems, extending payback periods and complicating profitability projections. While government subsidies covering 15% of equipment costs provide partial relief, the overall capital intensity continues to slow rollout pace and heighten financial risk across the industry.

Limited 5G Device Penetration and Ecosystem Development

Vietnam’s 5G market growth is constrained by the slow penetration of 5G-compatible devices and limited ecosystem readiness. A relatively small proportion of mobile users currently own 5G-enabled smartphones, restricting operators’ ability to recover network investments through service revenues. This creates a circular challenge: consumers hesitate to buy expensive 5G devices without broad network availability or distinctive applications, while operators hesitate to invest aggressively in infrastructure without sufficient demand. The price sensitivity of Vietnam’s market exacerbates the problem, as 5G handsets still carry cost premiums that deter mass adoption. Many users remain satisfied with capable 4G devices for daily digital needs such as streaming and communication. On the enterprise side, industrial 5G applications, such as smart manufacturing, connected logistics, and precision agriculture, remain nascent due to the limited availability of compatible IoT devices and underdeveloped data-driven business models. Developers face barriers to building innovative 5G-native applications because of the small installed user base. Additionally, high-speed fiber broadband already meets many urban connectivity needs, reducing the urgency for mobile 5G adoption. Overcoming these ecosystem gaps requires coordinated efforts among operators, device manufacturers, and developers to subsidize devices, demonstrate practical use cases, and build digital solutions that unlock the full economic potential of 5G technology.

Vietnam 5G Infrastructure Market Report Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the Vietnam 5G infrastructure market, along with forecasts at the country and regional levels for 2026-2034. The market has been categorized based on communication infrastructure, network technology, network architecture, frequency, and end user.

Analysis by Communication Infrastructure:

• Small Cell
• Macro Cell
• Radio Access Network (RAN)
• Others

The report has provided a detailed breakup and analysis of the market based on the communication infrastructure. This includes small cell, macro cell, radio access network (RAN), and others.

Analysis by Network Technology:

• Software-defined Networking
• Network Function Virtualization
• Others

A detailed breakup and analysis of the market based on the network technology have also been provided in the report. This includes software-defined networking, network function virtualization, and others.

Analysis by Network Architecture:

• Standalone
• Non-standalone

The report has provided a detailed breakup and analysis of the market based on the network architecture. This includes standalone and non-standalone.

Analysis by Frequency:

• Sub-6 Ghz
• Above 6 Ghz

A detailed breakup and analysis of the market based on the frequency have also been provided in the report. This includes sub-6 ghz and above 6 ghz.

Analysis by End User:

• Automotive
• Energy and Utilities
• Healthcare
• Home User
• Others

The report has provided a detailed breakup and analysis of the market based on the end user. This includes automotive, energy and utilities, healthcare, home user, and others.

Analysis by Region:

• 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 Vietnam 5G infrastructure market exhibits a dynamic competitive landscape characterized by strategic partnerships between domestic telecommunications operators and leading international network equipment vendors, driving technology transfer and infrastructure deployment. Major state-owned operators including Viettel, VNPT, and MobiFone dominate the market with substantial government backing, enabling aggressive network rollout strategies targeting nationwide coverage. These operators compete primarily on network quality, coverage breadth, service innovation, and pricing strategies while collaborating with global technology leaders including Nokia, Ericsson, Qualcomm, and other equipment suppliers providing advanced 5G infrastructure solutions. Competition extends beyond traditional connectivity services into enterprise solutions, smart city applications, industrial IoT platforms, and digital transformation consulting leveraging 5G capabilities. The market landscape reflects vertical integration strategies where operators develop proprietary technologies including Open RAN solutions, AI-powered network management systems, and domestic manufacturing capabilities reducing dependency on foreign suppliers. Emerging players focus on specialized segments including private 5G networks for enterprises, network slicing services for specific industries, and value-added applications capitalizing on 5G infrastructure enablement.

Vietnam 5G Infrastructure Industry Latest Developments:

• March 2025: MobiFone officially commercialized its 5G services, becoming the third network operator in Vietnam to offer 5G technology following Viettel and VNPT. MobiFone's 5G network operates on the 3,800-3,900 MHz frequency band utilizing both 5G Non-standalone and Standalone architectures, delivering speeds up to 1.5 Gbps with remarkably low latency. The company initially focused rollout on major urban centers with plans to expand coverage to all 63 provinces nationwide, introducing over 100 products addressing eight key sectors prioritized for national digital transformation including industrial manufacturing, smart cities, energy, agriculture, healthcare, education, transportation, and smart tourism. 
• September 2024: Nokia signed a major contract with Viettel Group to deploy 5G equipment for the first time nationwide across Vietnam, covering 22 provinces and 2,500 sites. Under the agreement, Nokia supplied equipment from its industry-leading 5G AirScale portfolio including next-generation AirScale baseband solutions, Massive MIMO radios, and Remote Radio Head products powered by energy-efficient ReefShark System-on-Chip technology. The project marks the first 5G network in Vietnam where deployed products are locally manufactured, supporting Viettel's strategy of advancing 5G infrastructure and driving digital transformation while modernizing the operator's 4G infrastructure simultaneously. 
• October 2024: Ericsson and VNPT, one of Vietnam's leading telecommunications operators, officially announced their partnership to deploy 5G technology across major cities with high density of VNPT mobile subscribers, dense tourism areas, and developed enterprise and industrial zones. Ericsson deployed advanced, lightweight, and energy-efficient radio products to ensure best-in-class mobile service quality and optimize VNPT's network performance. The partnership includes deploying a SaaS-based 5G core managed by Ericsson and built on Google Cloud infrastructure, scheduled for 2025 deployment, enabling VNPT to deliver fast, reliable, and scalable 5G services supporting digital transformation across Vietnam. 

Vietnam 5G Infrastructure Market Report Coverage:

Key Questions Answered in This Report:

• How has the Vietnam 5G infrastructure market performed so far and how will it perform in the coming years?
• What is the breakup of the Vietnam 5G infrastructure market on the basis of communication infrastructure?
• What is the breakup of the Vietnam 5G infrastructure market on the basis of network technology?
• What is the breakup of the Vietnam 5G infrastructure market on the basis of network architecture?
• What is the breakup of the Vietnam 5G infrastructure market on the basis of frequency?
• What is the breakup of the Vietnam 5G infrastructure market on the basis of end user?
• What is the breakup of the Vietnam 5G infrastructure market on the basis of region?
• What are the various stages in the value chain of the Vietnam 5G infrastructure market?
• What are the key driving factors and challenges in the Vietnam 5G infrastructure market?
• What is the structure of the Vietnam 5G infrastructure market and who are the key players?
• What is the degree of competition in the Vietnam 5G infrastructure 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 infrastructure market from 2020-2034.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Vietnam 5G infrastructure 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 infrastructure 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.