5G – breakthrough factor for Vietnam’s economic growth

Illustrative photo (Source: VNA)Prime Minister Pham Minh Chinh (sitting, centre) at the Industry 4.0 Summit 2021. (Photo: VNA)VNAThe 5G services are projected to contribute 7.34 percent to Vietnam’s GDP growth in 2025, according to a research by the National Institute of Information and Communications Strategy.At the recent high-level forum on the Fourth Industrial Revolution , Prime Minister Pham Minh Chinh said that the revolution and innovation form a new driving force for socio-economic development.He noted that in order to recover and develop the economy post pandemic, it is necessary to have an infrastructure development strategy, including digital transformation infrastructure, and telecommunications services that reach low-lying and border areas, and islands.Vietnam's next wave of socio-economic development will come from innovation, science and technology, driven by the digital economy, said Denis Brunetti, President of Ericsson Vietnam, Myanmar, Cambodia & Laos.According to him, Ericsson's studies show that manufacturing, energy/utilities, health care and security are the sectors that have the best opportunities to take advantage of the 5G-induced benefits in Vietnam. Businesses’ digitalisation capability through 5G network will significantly improve labour productivity and redefine the entire digital ecosystem.In Vietnam, the Viettel Military Industry and Telecoms Group (Viettel) has identified the 5G network as the infrastructure foundation for digital transformation and the 4th Industrial Revolution. As such, the company is promoting the research and creation of applications on the 5G platform.Viettel’s main goal is to put Vietnam on par with the world in digital transformation as well as R&D for the high-tech industry, emphasised Le Dang Dung, Viettel's Acting Chairman and General Director.Huynh Quang Liem, General Director of the Vietnam Posts and Telecommunications Group (VNPT), said the 5G technology is helping VNPT gradually making applications using artificial intelligence, internet of things, and robotics, among others, for smart city building, health care, education, and smart factories.Vaibhav Saxena, former co-chair of the Indian Business Chamber in Vietnam, noted the nation has an outstanding vision as it is the second fastest growing Internet economy in Southeast Asia. Such growth rate will help it achieve greater goals and transform itself into a technology hub in the region, he affirmed./.

February 05, 2022 19:00 UTC


PM pays pre-Tet visit to Air Defence - Air Force

Prime Minister Pham Minh Chinh extends Tet wishes to Air Defence-Air Force officers and soldiers. (Photo: VNA)- The Vietnamese Party, State and people always pay special attention to and strive to strongly and comprehensively build the Vietnam People's Army (VPA) in general, and the Air Defence - Air Force in particular, Prime Minister Pham Minh Chinh affirmed when visiting the Air Defence - Air Force on January 30 on the occasion of the Lunar New Year (Tet) Festival.PM Chinh visited the Air Traffic Management Centre, the Airspace Management Centre and the Combat Operations Command of the Air Defence - Air Force.At the Combat Operations Command and through the online form, the Government leader directed the combat readiness, and encouraged and extended his Tet wishes to the force as well as people and soldiers on Truong Sa (Spratly) archipelago.He acknowledged and appreciated efforts, victories and achievements that the Air Defence – Air Force has gained over the past time.The PM noted that in 2022, the world and regional situation may continue developing complicatedly and unpredictably, with fiercer traditional and non-traditional security challenges and the economic recession caused by the COVID-19 pandemic directly affecting the development and stability of countries.Domestically, besides opportunities and advantages, Vietnam will continue to be negatively affected by climate change, natural disasters, and diseases, especially the COVID-19 pandemic.The task of safeguarding national independence, sovereignty and territorial integrity in the new situation is heavier, requiring the VPA in general and the Air Defence - Air Force in particular to innovate themselves and uphold the heroic tradition of the army, PM Chinh stressed./.

January 30, 2022 21:28 UTC


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