Huawei and ZTE Secure 5G Contracts in Vietnam Amid U.S. Tariffs

Reuters reports that Chinese telecommunications giants Huawei and ZTE have concluded significant deals for 5G infrastructure projects in Vietnam following the imposition of tariffs by the United States on Chinese goods.

The agreements are seen as a strategic move to strengthen China’s economic ties with Southeast Asia despite ongoing tensions over U.S. sanctions against Chinese tech companies. The Vietnamese government has been keen on advancing its telecommunications sector, and both Huawei and ZTE have positioned themselves as key players in this endeavor.

These deals come at a time when the global market is observing a shift towards greater cooperation between China and other nations in the Southeast Asian region. The partnerships are expected to enhance Vietnam’s technological capabilities and support the nation’s digital transformation objectives.

The collaboration marks another milestone for Chinese telecoms firms as they navigate challenges posed by trade restrictions from Western countries, reinforcing their roles in shaping regional technology landscapes.