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 IoT platforms, continue commercial testing of 5G service, and cooperate in developing and applying new networking technologies.

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

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National Assembly Chairman Vuong Dinh Hue (R) and Speaker of the Finnish Parliament Anu Vehvilainen  witness the signing of a cooperation agreement between VNPT and Nokia Corporation.

The two sides will also consider the possibility of cooperation in other fields in the time to come.

Earlier, N.A. 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 businesses in this field, adding that by investing in Vietnam, Nokia can expand its investment in other ASEAN countries.

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

Source: VNA