VIETNAM CHAMBER OF COMMERCE AND INDUSTRY
Liên Đoàn Thương Mại Và Công Nghiệp Việt Nam
Tue, Apr 05, 2022, 08:46:00
| Hoang Viet Tien - Head of Strategic Advisory, Insider |
Vietnam is considered one of the frontrunners in 5G development alongside the US, China, and Japan, having licensed various trials during 2020-2021. The 5G network was tested by Viettel, VNPT, and MobiFone operators in 16 provinces and cities with half a million subscribers. And in 2021, the 4G network covered 99.8 per cent of the country.
Vietnam plans to license 5G commercialisation in 2022 and expand coverage in urban areas and high-tech industrial zones. This involves increasing the number of digital enterprises from 58,000 to 100,000 by 2025 as part of the National Digital Transformation Plan, aiming to build a digital government and economy, and eventually a digital society.
The ministry has encouraged and instructed telecom enterprises in trialling the technology and services, including Made-in-Vietnam devices. It has also issued specific standards on 5G mobile communication base station equipment and terminal equipment, as well as on the quality of internet access services on 5G terrestrial mobile networks, among others.
On the side of businesses, to reach the potential benefits of 5G, enterprises need to plan for the timely availability of spectrum for mobile services, which is critical to meeting coverage and coverage requirements of the network capacity.
Viettel has successfully researched and tested a complete 5G cluster including a core network, transmission network, macro radio network, and more. This is a big step forward for domestic carriers, knowing that with 2G and 3G, most of the technologies used are provided by foreign enterprises.
At present, the rate of 5G subscribers is still very small. It is estimated that the country has about 70 million mobile broadband subscribers over 3G-5G. In which, 4G subscribers account for 89.42 per cent, followed by 3G subscribers at 10.05 per cent and 5G subscribers at 0.54 per cent.
5G infrastructure needs to be better utilised by businesses and markets. According to research of London-based GSMA, which represents the interests of mobile network operators worldwide, by 2030, 5G is expected to generate $960 billion in global GDP. Also, according to a study by the Institute of Information and Communication Strategy, the contribution of 5G mobile networks to Vietnam’s GDP growth is forecast to reach 7.34 per cent by 2025.
The 5G service with the advantages of transmitting large amounts of data, outstandingly high speed, and very low latency helps mobile networks increase data transmission speed and improve bandwidth compared to 4G technology. However, 5G technology is said to be suitable to support devices that can operate automatically or can be connected to each other, such as smart homes, self-driving vehicles, precision agricultural systems, machinery, industrial and advanced robotics, and more.
When commercialising 5G, businesses need to take advantage of developing appropriate products and services to increase business efficiency. One of the biggest pluses of the network is its extremely low processing latency, bringing data transmission speeds faster than the blink of an eye. Low latency will be the key to unlocking the era of robotics, self-driving cars, immersive and mixed AR, VR, and more besides.
With 5G commercialisation, more applications will be available for industries and sectors. For instance, the application of related infrastructure in urban areas and smart cities is the ability to recognise and regulate traffic; the driver is guided to enter the open road or to the available parking spaces, and at the same time helps reduce emissions. These benefits will be accelerated as 5G becomes more available. With the smart home model, the housing market is taking important steps to become smarter.
With more and more homes now using connected devices, centralised servers that process the data collected from these devices increase processing latency and privacy risks. However, 5G networks can address those challenges by allowing mobile or other devices to process data on the periphery of the home network instead of the cloud, which will enhance privacy and security while reducing latency.
The application of 5G infrastructure will also change the gaming industry. Super-fast wireless speeds and better technological support will help 5G change the way people play games and interact with computers today.
5G can make interactive entertainment more popular, regardless of users’ devices, and support the development of current cloud gaming technology while allowing players to entertain without having to download anything. Elsewhere, Facebook’s Oculus and Microsoft’s game programming division are experimenting with creating a larger virtual world thanks to VR technology, in full detail.
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Huawei wishes to participate and actively contribute to Vietnam’s digital transformation moving forward. Huawei Vietnam will provide advanced solutions and best services to support its customers and partners, the government, and digital transformation industries; provide end-to-end solutions for carriers; and provide digital transformation solutions such as transportation, finance, and energy, helping Vietnam solve the problem of resource shortages. |
