On October 1 (local time), in Stockholm, Sweden, during a working visit to Europe by the State Capital Management Committee delegation, Vietnam’s MobiFone Telecommunications Corporation and Ericsson signed a Memorandum of Understanding (MoU) on 5G innovation cooperation. This milestone marks a significant step in developing 5G technology in Vietnam. Deputy Chairman of the Committee, Nguyen Ngoc Canh, witnessed the signing ceremony.
The cooperation agreement between MobiFone and Ericsson highlights the commitment of both parties to jointly develop a robust 5G future in Vietnam. This event not only elevates MobiFone’s position in the global telecommunications landscape but also lays a strong foundation for future technological breakthroughs. MobiFone aims to expand research and innovation in 5G, thus accelerating digital transformation and improving telecommunications services, contributing to the development of Vietnam’s digital economy. With the vision of “Creating a Digital Future,” MobiFone continues to enhance technological capabilities and digital solutions, striving to build a leading digital infrastructure and ecosystem for Vietnam to become a technological leader in the region.
According to the MoU, Ericsson will share its global expertise in 5G commercial applications and support MobiFone in establishing and operating a 5G Innovation Center in Vietnam, including consulting on design and service experience solutions. The center will focus on researching and developing 5G-based applications and solutions, assisting individuals and businesses in digital transformation, and promoting R&D in 5G innovation in Vietnam.
Following the signing, the State Capital Management Committee delegation, led by Deputy Chairman Nguyen Ngoc Canh, held a working session with Ericsson Group representatives. The delegation included leaders from the Department of Technology and Infrastructure, Department of Agriculture, Department of Industry, MobiFone, and Vietnam Maritime Corporation (VIMC).
Representing Ericsson was Fredrik Jejdling, Executive Vice President and Head of Networks, along with senior leaders from the group.
At the meeting, attendees discussed 5G technology solutions and Ericsson’s innovation experiences. With a presence in over 180 countries, Ericsson is one of the world’s leading telecommunications technology companies, providing advanced solutions for major global telecom operators, particularly in deploying 5G networks. As a major partner of MobiFone, Ericsson is committed to supporting MobiFone in developing 5G technology and setting the stage for future innovations.
MobiFone, expanding into digital business areas like digital infrastructure, platforms, and content, aims to become Vietnam’s leading technology group by 2030 and a comprehensive digital ecosystem provider by 2035, positioning Vietnam as a top digital nation in the region.
Deputy Chairman Nguyen Ngoc Canh stated that science and technology are a top priority for Vietnam, with the State Capital Management Committee encouraging state-owned enterprises to foster international cooperation in these areas. MobiFone, as one of the committee’s key corporations, has a prominent role in Vietnam’s ICT sector, with over 30% market share in telecommunications.
Deputy Chairman Canh expressed appreciation for Ericsson’s support in developing 5G infrastructure and solutions in Vietnam. He encouraged Ericsson and MobiFone to continue specific cooperation, developing mutually beneficial initiatives that contribute to Vietnam’s growth.
Speaking at the session, MobiFone CEO To Manh Cuong thanked Ericsson for its partnership, particularly as MobiFone accelerates 5G network deployment following the allocation of 5G spectrum. MobiFone aims to rapidly commercialize 5G, with Ericsson as a trusted partner to support the network’s development and innovations. Cuong noted MobiFone’s progress in preparing to deliver comprehensive 5G experiences and testing new services based on 5G infrastructure to offer customers fast, stable, and safe advanced technology.
Rita Mokbel, Director of Ericsson Vietnam, affirmed Ericsson’s commitment to fostering innovation in Vietnam’s digital transformation initiatives. Mokbel pledged to connect MobiFone with global research centers and partners, turning the 5G Innovation Center into a pioneering experience hub, ensuring Vietnam leverages the full benefits of a robust 5G network.