Vietnam should increase its investment in 5G infrastructure in order to unlock the full potential of Industry 4.0 and make it the foundation upon which the country can further build its digital transformation and realize the government’s vision, Ericsson president Denis Brunetti said.
Brunetti, president of Ericsson for Vietnam, Myanmar, Laos, and Cambodia, recently engaged in an email interview with Tuoi Tre News about the importance of 5G technology and its advantages in terms of data transmission.
5G is expected to accelerate Vietnam’s digital transformation and enable the country to embrace Industry 4.0, thereby realizing its full potential, Brunetti said.
It will help provide digital capabilities across all of Vietnam, particularly through the use of 5G Fixed Wireless Access and by providing ultra-fast connectivity to remote areas.
In Vietnam, the Ministry of Information and Communications has licensed three large mobile service providers – Viettel, VNPT, and MobiFone – to trial 5G services in Hanoi, Ho Chi Minh City, Da Nang, and Hai Phong, according to the Vietnam News Agency.
Ericsson has been supporting Vietnamese mobile service providers with commercial 5G pilots since 2020, leveraging its technology leadership and expansive 4G installed bases which can seamlessly and efficiently be upgraded to 5G capabilities when required.
“We are proactively working with mobile service providers to ensure Vietnam is at the forefront of 5G development, sharing our technical capabilities, as well as our global, regional, and local market insights and thought leadership,” Brunetti told Tuoi Tre News.
Brunetti also expressed his support for the government’s vision and strategy for the next wave of socioeconomic development in Vietnam, which will be created through innovation, science, and technology, and driven by the digital economy.
A key component of Vietnam’s development strategy is the digital economy, which is expected to contribute 25 percent of gross domestic product (GDP) by 2025 and 30 percent by 2030.
Coupled with Vietnam’s National Innovation Center initiative, the government’s investment in sustainably growing the nation’s startup ecosystem will also contribute significantly to Vietnam’s innovation capacity and the establishment of a thriving digital economy capable of leveraging 5G as the critical national infrastructure and enabling digital platforms.