Vietnam’s ICT picture featured major technology enterprises such as Viettel, FPT, VNPT, and CMC emerging as key pillars: maintaining double-digit growth while serving as the core force in developing digital infrastructure, mastering strategic technologies, and leading the “Make in Vietnam” ecosystem. 

From 5G and data to AI, semiconductors, and high-tech defense industries, 2025 marked a clear transition point as the ICT sector entered a phase of deeper development, with domestic enterprises not only keeping pace but asserting a leading role.

ICT enterprises post double-digit growth

Viettel identified a development strategy for the 2025–2030 period with an average growth target of 12–14 percent per year. This is not just a business goal, but a clear statement of Viettel's role in realizing the major orientations of the Party and State in science-technology development, innovation, and digital transformation.

In 2025, Viettel followed that strategic trajectory. Viettel's consolidated revenue in 2025 was VND220,000 billion, fulfilling 105.1 percent of the plan, a growth of 13.5 percent and maintainance of 2-digit growth for 2 consecutive years.

Notably, Viettel's growth structure is increasingly diverse. Besides traditional telecommunications, many new fields such as logistics, e-commerce, service consulting, and digital solutions recorded growth of over 30 percent. 

This reflects the transition from a telecommunications enterprise to a multi-sector technology corporation, closely linked with the digital economy and new growth spaces that the ICT industry is opening up.

In the cloud computing and AI segment, CMC completed CMC Cloud with core services approaching hyperscaler standards, training an LLM model with 72 billion parameters and piloting a legal virtual assistant for about 3,000 users. 

VNPT put GenAI platforms into practical application at 30 administrative units and 60 communes/wards, while simultaneously deploying the VNPT IoC Intelligent Operation Center in 18 out of 34 provinces and cities and many ministries and sectors.

In the field of software and IT services, FPT recorded foreign market revenue exceeding VND35,000 billion, an increase of nearly 15 percent, continuing to be the pillar for Vietnam's technology service exports. Enterprises like MISA integrated AI Agents for more than 170,000 businesses and tens of thousands of state agencies, showing that AI is becoming a popular tool in administration and production-business activities.

The common point is that large ICT enterprises have all moved into the stage of undertaking national tasks, proactively handling large strategic technology problems instead of just providing individual services as before.

National digital infrastructure

Among the technological highlights of 2025, 5G  emerged as the most important pillar of digital infrastructure. In the last four months of 2025, Viettel mobilized resources day and night, overcoming repeated storms and flooding to install and activate 23,500 new 5G base stations nationwide, nearly four times the number installed in 2024 and ahead of the timeline committed to the Government. 

This brought Viettel’s total number of 5G stations in Vietnam to a record level of nearly 30,000, far surpassing other operators. At the same time, Viettel’s number of 5G subscribers reached 12.9 million, reflecting that 5G has truly entered the mass adoption phase.

“This is a key driving force creating a strong boost for domestic telecommunications business, helping subscriber numbers and service revenue grow dramatically,” said Tao Duc Thang, Chair and CEO of Viettel Group, at a conference held on January 9.

Notably, 2025 marked a turning point when Viettel officially put “Make in Vietnam” 5G equipment into operation on its live network. Thousands of 32T32R 5G stations researched and manufactured by Viettel have been operating stably and meeting international standards. 

Mastering the entire 5G ecosystem, from design and manufacturing to operation, carries strategic significance, contributing to telecommunications infrastructure sovereignty and reducing technological dependence.

Commenting on the progress of 5G deployment, Nguyen Anh Cuong, Deputy Director of the Telecommunications Authority under the Ministry of Science and Technology, stated: “With one operator covering 90 percent of the population in just 12 months, it is clear that Vietnam’s 5G rollout speed is among the fastest in the world.”

Besides Viettel, other operators are also accelerating in different directions. VNPT focuses on coverage in urban areas, industrial zones, seaports, and airports, while developing private networks for smart factories. MobiFone is piloting 5G in several industrial zones, aiming for the expansion of smart city models from 2026 onward.

Thai Khang