The frequency auction for 5G network took place after 10 years of great effort, marking a milestone in Vietnam’s telecommunications sector, which aims to be run on a market mechanism with healthy competition.

Vietnam Posts and Telecommunications Group (VNPT) has won the bid for the right to the country’s 5G 3700-3800 MHz, designated as C2 band block.

5G holds immense potential as a foundation for smart industries, factories, and cities.

A 5G frequency auction opens up a new era for 5G and is the foundation for developing digital infrastructure that serves national digital transformation.

Viettel on March 8 announced that it has obtained the right to use the 5G radio frequency on the 2500-2600 MHz band block for 15 years at the auction held on the same day. It has committed to launch 5G service nationwide soon.

The first bidding session over the rights to develop and exploit VN’s 5G frequencies happened last weekend in Hanoi. There are three such sessions to be held this round.

Vietnam's telecom companies on March 7 entered a bidding race over the rights to develop and exploit the country's 5G 2500-2600 MHz band for the next 15 years.

The plan to launch 3,000 new 5G transceiver stations in the country aims at addressing data congestion in major cities and industrial parks, announced the Information and Communications Ministry in its regular press conference yesterday.