Vietnam now ranks 19th globally in terms of mobile internet speed, up 29 notches from last year, the Government News quoted the Ministry of Science and Technology as reporting on August 6.

The country’s 5G development strategy has been translated into national digital technology and infrastructure policies with a target of an average internet speed of 100 Mbps by 2025 and full nationwide 5G coverage by 2030

Specifically, its mobile Internet speed reached 148.64 Mbps, taking it into the world's top 20 for the first time and approaching fixed broadband speeds. In September 2024, Vietnam's mobile Internet speed was 54.17 Mbps, ranking 51st globally, but in less than six months the speed nearly tripled.

Experts attributed Vietnam’s internet speed increase to 5G expansions by VinaPhone and Viettel.

The two telecom groups earned top spots on the global stage, with VinaPhone’s 5G network ranked second worldwide and Viettel third for overall mobile performance, according to Ookla’s latest Speedtest report.

In Ookla’s Q1–Q2 2025 reports on the world’s fastest 5G and overall mobile networks, Vietnamese telecom giants VinaPhone and Viettel were recognized among the top three globally.

To support the rapid rollout of 5G, the Ministry of Science and Technology has implemented pilot mechanisms, streamlined regulatory barriers, and introduced financial incentives. So far, 26 per cent of Vietnam’s over 100-million population has access to 5G services.

The ICT industry's revenue reached more than VND 478.5 trillion (over $18.23 billion), representing a year-on-year increase of 9.4 per cent.