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.