The cloud computing market in Vietnam in 2020 was about 133 million USD. Vietnamese enterprises only exploited about 20% of the market, mainly in the infrastructure segment.
A Canadian court has ruled that the extradition hearing of Meng Wanzhou can continue.
5G appears to be high on the Vietnamese government’s priority list, with the earliest of services set to be commercialized in mid-2020 following trials conducted through 2019.
Seeing the growth potential ahead, many tech giants, such as Lenovo, Ericsson, Qualcomm, and Huawei, are targeting the Vietnamese market.
Experts said Vietnam needs to be cautious when cooperating with Huawei in digital transformation because of problems related to information security.
Meng Wanzhou is fighting extradition to the US on charges of violating sanctions against Iran.
China wants to end its dependence on imported computer chips, but experts says it will struggle.
Although iPhone retains its charm by the classy design, the sales of the US’s brand seems to slow down in the face of South Korea’s Samsung and China’s emerging Huawei Android smartphones which are less pricey but packed with breakthrough features.
Three major mobile carriers in Vietnam have recently announced information of cooperation plans with foreign partners in the roadmap of 5G implementation but no one has mentioned Huawei.
Huawei holds only a small share in Vietnam’s market, approximately 4%, equal to VND2.7 trillion (US$113 million) in 2018.
Analysts of VnDirect Securities believe that the ban would have big impact on the Chinese telecom equipment manufacturer, but the Vietnamese smartphone market will not be affected much.
A decrease in the US’ imports from China could present a good opportunity for Vietnam to fill in the gap.
The news that Google has canceled cooperation with Huawei has raised concern that Huawei phones cannot be updated with Android software.
US restrictions on Huawei will not likely affect Vietnam’s smartphone market as well as the domestic mobile phone retailers.