Vietnam's prime minister Nguyen Tan Dung has approved a project to improve the nation's fixed broadband infrastructure to give at least 40% of households nationwide access by 2020.
The new program will also aim to ensure that at least 60% of internet connections have speeds of at least 25Mbps by this time, Viet Nam News reported.
Other targets include upgrading at least 50% of the nation's public internet access points to speeds of at least 50Mbps.
On the wireless front, the strategy aims to ensure that at least 95% of residential areas are covered by 3G or 4G networks, providing minimum speed of 4Mbps in urban areas and 2Mbps in rural areas.
The program also aims to encourage businesses to invest in broadband infrastructure development, and to make it easier for telecom businesses to receive broadband licenses.
As part of these reforms management mechanisms will be introduced that aim to stimulate competition and are not allowed to discriminate between state-owned and private telecom service providers.
The government also plans to encourage technology companies to domestically manufacture or assemble broadband equipment to minimize production costs, the report states.