The changes in the US policy concerning Hong Kong, the South China Sea and Taiwan as well as the US war against several leading Chinese firms like Huawei, TikTok, WeChat are of long-term strategic significance.
5G appears to be high on the Vietnamese government’s priority list, with the earliest of services set to be commercialized in mid-2020 following trials conducted through 2019.
Samsung could face big losses if its engineers an experts face 14-day quarantine upon entering Vietnam.
Samsung stands to be a major beneficiary of the China production problems announced by rival Apple, reaping the rewards of a decade-long bet on low-cost smartphone manufacturing in Vietnam.
Seeing the growth potential ahead, many tech giants, such as Lenovo, Ericsson, Qualcomm, and Huawei, are targeting the Vietnamese market.
In Vietnam, three major mobile carriers Viettel, Vinaphone and Mobifone decided against using Huawei’s 5G technologies, with the latter two under the management of the Committee for State Capital Management (CSCM).