The Hoa Lac Hi-Tech Park in Hanoi has attracted 93 investment projects with registered capital of more than VND90.25 trillion (US$3.9 billion) so far, including more than VND7.95 trillion in investment approved last year, the Ministry of Science and Technology has said.

Vietnam’s ICT market is expected to see a big 5G race in 2021 as international tech giants like Ericsson, Qualcomm, Lenovo, and Huawei look to boost partnerships with local telcos to gain more advantages, driven by strong performances in Vietnam in 2020.