Private enterprises to own 4 more international submarine cable lines by 2030

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Attracting investment in digital infrastructure with much room for development

The general objective of the Program is to attract private sector enterprises to participate in building telecommunications infrastructure and other infrastructures for national digital transformation (collectively referred to as digital infrastructure). The focus is on types of digital infrastructure with much room for development such as data centers, cloud computing, physical-digital infrastructure, digital utility infrastructure and digital technology such as services, high-quality broadband connection infrastructure to maximize the potential and strengths of the private sector, mobilize and effectively use all social resources to develop digital infrastructure.

The Government also aims to remove institutional and policy barriers, create a fair, transparent business environment, and healthy competition in digital infrastructure development; and strengthen information security, network security, and data security. At the same time, the Program encourages investment in the direction of applying advanced technology, innovation, internal digital transformation, and developing modern, smart, green, and sustainable digital infrastructure.

Specific targets by 2030

By 2030, the Program strives to basically complete the following important specific goals:

Private sector enterprises participating in investment own at least 4 additional international submarine cable lines.

Private sector enterprises invest in building new, modern, large-scale data centers that meet international and green standards, with a total design capacity accounting for at least 50% of the total capacity of data centers providing services to the public nationwide.

Attract at least two of the world's leading technology enterprises to invest in building and operating large data centers and artificial intelligence data centers in Vietnam.

There are at least two outstanding private sector enterprises, on par with advanced countries in the field of building and operating digital infrastructure, capable of participating in the global value chain and leading the domestic digital ecosystem.

The average revenue growth rate of private sector enterprises providing terrestrial mobile telecommunications services that do not use radio frequency bands is about 12-15%/year, contributing to diversifying the mobile telecommunications service market and providing new services.

The average revenue growth rate of private sector enterprises providing fixed broadband telecommunications services is about 10 - 12%/year.

Private enterprises are also encouraged to participate extensively in investing and developing physical-digital infrastructure serving areas such as smart cities, smart transportation, smart seaports, smart factories, smart agriculture, etc. with pilot models and practical implementation in localities.

To achieve the above goals, the Program offers many solutions such as:

- Create favorable conditions for private enterprises to implement investment projects and build digital infrastructure;

- Complete a favorable and transparent legal corridor and encourage investment in developing digital infrastructure;

- Mobilizing and creating resources to encourage private sector enterprises to participate in building digital infrastructure;

- Developing synchronous technical infrastructure, enhancing connections between private sector enterprises, between private sector enterprises and state-owned enterprises in developing digital infrastructure;

- Create an equal and transparent investment and business environment, promoting healthy competition;

- Enhance capacity and expand international cooperation to develop digital infrastructure.

Hien Thao

Source: https://doanhnghiepvn.vn/doanh-nhan/doanh-nghiep-tu-nhan-so-huu-them-4-tuyen-cap-quang-bien-quoc-te-den-nam-2030/20251002024948339