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Vietnam, Nokia sign agreement on digital infrastructure development

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Vietnamese National Assembly chairman Vuong Dinh Hue (second right) and Speaker of the Finnish Parliament Anu Vehvilainen (second left) witness the signing of a cooperation agreement between VNPT and Nokia Corp. VIETNAM NEWS AGENCY

Vietnam, Nokia sign agreement on digital infrastructure development

Vietnamese National Assembly (NA) chairman Vuong Dinh Hue and Speaker of the Finnish Parliament Anu Vehvilainen last week witnessed the signing of a cooperation agreement between the Vietnam Posts and Telecommunications Group (VNPT) and Nokia Corp on the upgrade and development of VNPT’s digital infrastructure.

The signing of the deal took place within the framework of the top Vietnamese legislator’s on-going official visit to Finland.

Under the agreement, the two sides agreed to strengthen strategic cooperation to upgrade the capacity of backbone and core networks, develop 4G, 5G, and internet of things (IoT) platforms, continue commercial testing of 5G services, and cooperate in developing and applying new networking technology.

The deal is expected to open up many opportunities related to technological solutions for corporate customers.

The two sides will also consider the possibility of cooperation in other fields in the future.

Earlier, NA chairman Hue received Nokia’s leaders, during which he revealed that Vietnam is currently speeding up digital transformation and developing the digital economy.

He suggested Nokia enhance cooperation with Vietnam’s businesses in this field, adding that by investing in the country, Nokia could expand its investment in other ASEAN nations.

Nokia’s leaders affirmed that the corporation would effectively carry out the freshly signed agreement and wanted to maintain long-term operations in Vietnam.

VIET NAM NEWS/ASIA NEWS NETWORK

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