5G subscriptions in Southeast Asia and Oceania were around 15 million at the end of 2021 and are expected to more than double during 2022, according to the latest edition of the Ericsson Mobility Report.
The 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.
As the telecommunication market is getting saturated, new content services such as livestream and e-sports are expected to help telecom carriers maintain growth.
The Ministry of Information and Communication has proposed that Vietnam stop the use of 2G and 3G technologies from 2022 in an aim to encourage people to use smartphones and promote a digital society.
Many ASEAN countries are planning for 5G network frequencies. Each country has its own choice, so policymakers are looking for solutions to harmonize the spectrum in the region.
Vietnam is expected to quickly develop the 5G network through an infrastructure sharing model.
With Vietnam’s long-awaited new rules to increase bandwidth, fresh business models are launching for local mobile operators and international tech players to venture further in the 5G era.
Access to low-cost technology was the topic of a discussion session of the ITU Ministerial Roundtable that took place on October 12-14.
A decree on frequency auctioning is expected to be signed in the fourth quarter that will enable the Ministry of Information and Communications (MIC) to grant 4G/5G frequencies to telecom carriers.
The 5G data transmission speed in a test conducted recently in Vietnam reached 4.7Gb/s, 40 times higher than 4G speed and two times higher than existing 5G speed.
The largest Vietnamese mobile carriers such as Viettel, VinaPhone, and Mobifone are named in the list of 5G networks that iPhone 13 supports.
Sharing infrastructure will help Vietnamese carriers reduce investment costs and speed up 5G coverage.
Prime Minister Pham Minh Chinh, during a working session with the Ministry of Information and Communications (MIC) on May 11, assigned tasks and set strategic development goals for the time to come.