Minister of Information and Communication Nguyen Manh Hung highlighted the role of 5G technology as the pillar of the digital economy at the ASEAN Conference on 5G in Hanoi on March 21.
|Hung and other delegation at the event.
According to Minister Hung, 5G technology will be the most important part of the infrastructure for the digital economy thanks to its greater bandwidth, higher speeds and lower latency.
He stated that the digital economy is creating new opportunities, noting that new technologies will enable better connectivity between supply chains, and reduce logistics and business costs.
According to the Vietnamese Minister of Information and Communication, Vietnam will be one of the first countries in the world to roll out 5G. He said his ministry had already licensed local carriers to test the technology in Hanoi and Ho Chi Minh City, adding that Vietnam is focusing on developing 5G-based technologies and equipment.
By Thien Minh
Vietnam is willing to cooperate with the ASEAN countries to establish joint ventures and factories to make IT equipment, he affirmed.
The ASEAN Conference on 5G took place in Hanoi on March 21-22, during which regional regulators and experts will discuss 5G development policies and strategies, as well as challenges in building a 5G-based ecosystem.