The importance of 5g, its impacts on mobile operators and the technology market in Vietnam

The importance of 5G for the local technology market and how will it change the image of the technology market in the future?

Vietnam has long announced its plan to roll out 5G coverage nationwide by 2030. The ability to offer all citizens a fast internet connection at low cost is a priority of national importance, according to the Vietnamese Communications Authority.

The comprehensive expansion of 5G coverage naturally requires a step-by-step approach. Major cities like Hanoi, HCMC and Da Nang have priority for the use of 5G due to their greater need for high-speed services and higher population density. Industrial areas that attract foreign investment are also prioritized to facilitate the development of smart factories.

Viettel, MobiFone and VNPT have been testing 5G services with their users since November 2020. A recent test carried out jointly by Viettel, Ericsson and Qualcomm in the Viettel Innovation Lab successfully established 5G data transmission speeds of more than 4.7 Gbit / s - 40 times faster than 4G and more than twice as fast as the existing 5G network . Viettel's test confirms the incredible capacity of the 5G ultra-short wave technology (mmWave) used by the operator in Vietnam.

The Ministry of Information and Communication ("MoIC“Was commissioned with the initiative to commercialize 5G in Vietnam. In any case, mobile network operators will offer 5G services at prices that match the existing 4G services. Users would not have to change their SIM cards. Vietnam's digital economy was $ 14 billion in 2020. The use of 5G is expected to increase that number significantly. In fact, 5G's contribution to GDP is projected to reach 7.34% by 2025. While Vietnam may be ambitious in terms of the timetable, it has high hopes for 5G in the medium term.

Digital transformation, e-commerce

In order to accelerate the digital transformation, the government has initiated various programs to promote tourism management and promotion, infrastructure investments, digitization of the postal sector, digitization of the logistics sector and e-commerce, among other things.

Telecommunications infrastructure, including mobile and fixed broadband infrastructure, is defined as a pillar of the digital economy. The expansion of the broadband infrastructure enabled the development of all economic sectors. 5G promises to bring wireless broadband speed to millions of users where they need it most - their phones.

Interest was found in the application of 5G technology in agriculture, high-tech industries including smart factories, and smart cities. The Vietnamese Telecommunications Authority is planning to deploy 5G with priority in industrial parks, high-tech parks, as well as high-density metropolitan areas and central business districts of large cities.

As Vietnam, like the rest of the world, moves to an increasingly digital economy, data and the ability to use it become increasingly important.

Improvements to Vietnam's cellular and landline broadband infrastructure will continue to contribute to the country's development. Telecommunications infrastructure is key to the development of the digital economy. Bleeding edge technologies such as the Internet of Things ("IoT"), Artificial intelligence ("TO THE“), Big data, network security, digital identity, digital government and electronic payments platforms all rely on widespread, fast and affordable connectivity.

• The benefits of 5G for mobile operators in Vietnam

According to statistics from the Telecommunications Ministry, the number of fixed line broadband subscribers exceeded 17 million in 2021, while the number of mobile broadband subscribers exceeded 69 million. Mobile operators benefit from a new source of income that can be marketed to the large number of mobile broadband subscribers.

Regarding the development of the Vietnamese telecommunications market, Tran Duc Lai, chairman of the Radio and Electronics Association of Vietnam said that in 2021 local telecommunications network operators introduced 5G and had "very positive results". Vietnam will continue to test 5G services on a larger scale.

The government is particularly interested in the use of 5G technology in agriculture, the high-tech industry and the 4th industrial revolution.

• Any new trends in the local technology market that you anticipate

With high capacity and ultra-low latency, 5G will enable meaningful deployment of AI-enabled technologies and IoT applications across a range of use cases and sectors. As businesses adopt 5G to process and analyze more data, revenue and valuations are expected to increase as businesses become better equipped to monetize huge amounts of data.

Technological developments driven by 5G will expand the mobile ecosystem to new industries. The global digital economy is expected to be worth $ 13.1 trillion by 2035.[1] Much of the growth is being driven by 5G connectivity. Precision agriculture, construction and mining, digitized education, connected healthcare, smart manufacturing, smart retail, and connected smart cities are areas where 5G coverage catalyzes and enables development.

Private 5G networks will revolutionize container ports, warehouses and logistics, airports, hospitals, hospitality, manufacturing, agriculture and more.

By doing Health care For example, doctors and patients will be more connected than ever. Wearable devices notify the doctor when a patient develops symptoms. For example, an internal defibrillator could automatically alert cardiologists in the emergency room to a patient experiencing symptoms so doctors can prepare for the incoming patient - complete with a full, real-time record of the data collected by the device.

Data was compared to the oil of the future. Data will fuel growth in most sectors, and agriculture is no exception. Farms will increasingly use more data and rely on fewer chemicals. Sensors installed right in the fields allow farmers to see with incredible precision which areas need additional water, pest control or signs of invasive disease.

As economies of scale and manufacturing efficiency make wearable technology more affordable, 5G enables networks with a large number of IoT devices. For example, farmers can use farm animal health monitors to get much more accurate and up-to-date health data. This enables a significant reduction in the use of antibiotics without endangering the security of the food supply chain.

Manufacturing

The convergence of AI and IoT, powered by 5G, will lead to major changes in the factory floor. Predictive maintenance helps to minimize downtime and cut costs. Factories will also use 5G to analyze and control industrial processes with exceptional precision that was not possible before 5G. Traditional quality control processes are being streamlined through sensor technology and AI - all made possible by the huge improvement in connectivity provided by 5G.

logistics

In logistics and shipping, 5G enables better communication between vehicles in a fleet. Vehicles can also communicate with the infrastructure along the route. The navigation and monitoring of vehicles will be improved with 5G, resulting in better route planning, shorter delivery times and fewer driver errors and accidents. Augmented reality systems, used to identify potential hazards without distracting the driver's attention from the road, could be deployed and powered by 5G.

• The importance of 5G for sustainable development in Vietnam

Vietnam, a traditionally agricultural economy, has seen rapid digital transformation, fueled by the government's drive to "improve digital identity, digital citizenship and the components of digital lifestyle."

Digital transformation is seen as a key factor in boosting the economy and promoting sustainable development. 5G enables initiatives to improve smart water use, innovative energy inventory and management for large buildings, smart traffic management technology, and remote sensors that compile air quality data.

For example, reducing vehicle emissions through the use of intelligent traffic light controls has been proven to lead to up to 20% lower emissions. Radar and cameras are used to respond to changing traffic conditions in real time. The result is that vehicles spend significantly less time stopping or idling at intersections, which leads to a significant reduction in emissions.

Intelligent communication between vehicles and traffic infrastructure could enable high-traffic vehicles to be prioritized before vehicles approach intersections, thereby maximizing travel efficiency.

Intelligent water monitoring for agricultural applications - tracking rainfall, plant water demand, solar radiation, and weather forecasting - is based on precise measurements made possible by 5G powered devices. While this technology already exists, 5G promises to make it more efficient and accessible.

Due to technological progress, legal developments often lag behind. Recent and upcoming changes to Vietnamese data protection law have the potential to restrict the free flow of data. The impact on data-intensive technologies supported by 5G remains to be seen.

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