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flag Huawei and ZTE won major 5G contracts in Vietnam, driven by cost and improved ties with China despite U.S. concerns.

flag Chinese telecom firms Huawei and ZTE have won multiple 5G equipment contracts in Vietnam this year, including a $23 million deal in April and over $20 million in recent weeks, according to procurement data. flag While Ericsson and Nokia secured core infrastructure deals and Qualcomm supplied components, the Chinese firms' growing presence follows improved Vietnam-China relations and U.S. tariffs on Vietnamese goods. flag Despite Western concerns over security risks and potential loss of U.S. technology access, Vietnam continues to prioritize cost advantages and has allowed Huawei to partner with state telecom Viettel on 5G technology transfers.

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