Nations racing to develop 5G technology that is fast enough to power the next stage of innovation range from South Korea to Finland, but a young contender wants to jump into the game: Vietnam.
The Southeast Asian country announced with much fanfare this month that a test of fifth generation telecommunications technology, in the form of a phone call, was successful. The call to test 5G matters, not just for the internet, but for Vietnam’s goal of building a digital economy.
That future economy could be filled with deliveries by drone, machine learning to detect cyber attacks, and digital health records — or the economy could stick to traditional businesses like agriculture and tourism, as a new government report lays out.
Vietnam’s Ministry of Science and Technology jointly launched a report on the digital economy with its Australian counterpart Wednesday, laying out four possible scenarios. Each scenario is at a different level of digitalization, depending on how thoroughly Vietnam adopts new technology.
“I request industries and provinces to improve their awareness of, and responsibility in, steering the science and technology development, and continue to strengthen the relevant legal and policy framework,” Prime Minister Nguyen Xuan Phuc said in a speech.
“It is critical to focus on the development of the national innovation system,” he added, “putting the businesses at the heart of this system while promoting the linkages among research institutes, universities, and businesses to create and accumulate intellectual assets to fuel economic development in a rapid, inclusive, and sustainable manner.”