Seeing lucrative opportunities in the digital transformation process, many telecoms enterprises in Vietnam are actively seeking new ways to increase their revenues via introducing 5G-related applications.

As revenues from traditional telecoms services like calls, SMS, and Internet provision are significantly affected due to price competitions, giant telecoms enterprises in Vietnam such as VNPT, Viettel, and MobiFone have decided to turn to digital technologies for more profits.

 

The approval of the Prime Minister in Decision No.316/QD-TTG on March 9, 2021 to the pilot scheme for the use of telecoms accounts to pay for small-value goods and services (Mobile Money) has attracted much interest of both experts in the fields of banking, finance, telecoms as well as the general public.

Possessing great economic and technological potentials, Vietnamese telecoms businesses must quickly transform themselves into digital technology ones in order to create a strong foundation for the national digital transformation to take place smoothly.

After the successful launch of 5G piloting programs in Ho Chi Minh City (HCMC) by Vietnam’s three major mobile network providers, namely Viettel, VinaPhone, and MobiFone, there comes the demand for useful 5G-related applications for smart devices. SGGP Newspaper conducted an interview with Deputy Director of the HCMC Department of Information and Communications Le Quoc Cuong about how to answer this need.

Telecoms service provider MobiFone is making final preparations for the launch of the commercial pilot of the fifth-generation (5G) network next month.

The cutting edge 5G technology for mobile networks displays several benefits from super speed, a potential digital ecosystem to a stable platform to run an e-government and smart city. However, in Vietnam, the process to commercialize this lucrative technology still meets various difficulties.

Telecom providers Viettel and Mobifone have received licences from the Ministry of Information and Communications (MIC) to commercially test fifth-generation (5G) broadcast in Hanoi and HCM City.

Decree No.91 by the Government about fighting against spam advertising calls, emails, and messages went into effect from October 1, along with the new hotline 5656 of the Vietnam Telecommunications Authority to report spam calls, messages. These synchronous solutions have clearly demonstrated the determination of Vietnam to stop those irritating actions.

The Ministry of Information and Communications last year approved the 5G pilot schemes of the three largest domestic mobile network carriers, namely Viettel, VNPT and MobiFone in the four major cities of Hanoi, Ho Chi Minh (HCMC), Da Nang, and Hai Phong. This decision was an effort to promote 5G technology development in Vietnam. This year, more piloting projects for 5G services will be carried out throughout the country.