5G creates innovation opportunities for all economic sectors

The development of 5G in Vietnam will be the foundation for innovation for all economic sectors in the country, said Nguyen Phong Nha, deputy general director of the Authority of Telecommunications under the Ministry of Information and Communications.
5G creates innovation opportunities for all economic sectors ảnh 1Mobifone tests the 5G network in April (Photo: courtesy of Mobifone)

Hanoi (VNS/VNA) - The development of 5G in Vietnam will be thefoundation for innovation for all economic sectors in the country, said Nguyen PhongNha, deputy general director of the Authority of Telecommunications under theMinistry of Information and Communications.

Nha spoke at an online seminar on the development of the technology, sayingthat 5G networks with higher speed, wider bandwidth and lower latency willserve all economic sectors.

The seminar, held by Qualcomm on July 1, discussed the potential of the networkin Vietnam, which is one of the first countries to commercialise 5G aftersuccessful tests in 2019.

Nha’s department recorded a 40 per cent increase in data usage. In this case,he added the faster 5G network can deploy larger-scale IoT platforms, enablingtens of billions of IoT devices to connect within the 5G network.

Experts said the manufacturing industry was evolving fast and industry leadersare looking for increased flexibility in production, automation, and assemblyprocesses while also reducing personnel safety risks.

The deputy director said because of the low latency, 5G will provide newservices that 4G cannot yet implement, such as smart health, self-driving cars,smart cities, or live high-resolution video that serves all industries in Vietnam.

With higher speeds, storage capacity will no longer be dependent on theterminal, instead big data can be saved and retrieved from the cloud.

Nha said: “Once the network operator has built a strong 5G network, both bigenterprises and start-ups will have more business opportunities.”

Nha linked the development of the network with the national programme encouraging“Make in Vietnam”, in which local technology firms will turn the country intoan economic engine and escape the middle-income trap, making it a developedcountry.

As Vietnam was reforming policies to attract investment and deploying sandboxesto test new business models, he said: “It will transform telecommunicationsinfrastructure to meet the demand for businesses to deploy services such asartificial intelligence and big data.”

Nha suggested Qualcomm work closely with local businesses in providing chipsand copyright to produce 5G-based products in the country.

He said: "After producing 5G devices and running them well on 5G platformsin the country, Vietnam also has the chance to export the devicesworldwide."

Thieu Phuong Nam, Qualcomm country manager for Vietnam, Laos, and Cambodia,also saw the demand for data has risen over the years, adding that: “TheCOVID-19 pandemic has put further pressure on current networks.”

Qualcomm’s representative said Vietnam can build its 5G on the existing 4Gplatform, so it will save costs and take advantage of both 4G and 5G.

Qualcomm said 5G development was aligned with the Vietnamese Government’sdigitalisation plans and its objective of making full use of opportunities broughtabout by Industry 4.0, as summed up in Resolution No. 52-NQ/TW dated 27September 2019.

In the National Strategy for the Fourth Industrial Revolution, the governmentoutlined specific socio-economic targets through 2030, including the digitaleconomy accounting for 30 percent of GDP, completing the formulation ofe-government; and forming smart urban chains in key economic regions.

Nam said: “5G will be the underlying technology that will help power Vietnam toreach these objectives.”

Nam said with the commitment to the growth of the wireless industry in Vietnam,Qualcomm has invested significantly in supporting ecosystem partners andfostering innovation through the programme Qualcomm Vietnam InnovationChallenge./.
VNA

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