Vietnam Posts and Telecommunications Group (VNPT) and Nokia Group signed an agreement on cooperation in research to upgrade and develop VNPT's digital infrastructure.
The signing ceremony took place last week in Finland and was witnessed by Vietnam’s National Assembly Chairman Vuong Dinh Hue and Speaker of the Finnish Parliament Anu Vehvilainen, said a report by VNS.
Under the terms of the deal, VNPT and Nokia will jointly upgrade the capacity of backbone and core networks, develop 4G, 5G, and IoT platforms. VNPT and Nokia also plan to continue commercial testing of 5G services and cooperate in the development and application of new networking technologies.
According to VNS, the deal is expected to open up many potential opportunities related to technological solutions for corporate customers. The two sides will also consider the possibility of cooperation in other fields in the time to come.
Nokia’s leaders affirmed that the corporation would effectively carry out the freshly signed agreement and wanted to maintain long-term operations in VietNam.