Following the spectrum auction, Vietnam is poised to commercially roll out 5G this year and enjoy the benefits of the latest and most cutting-edge 5G products and solutions, as well as leverage valuable knowledge and experience gained from 5G rollouts in other markets around the world. 5G will enable Vietnam to unlock the potential of Industry 4.0 and will be the foundation for Vietnam to further its digital transformation journey and realize the government’s vision.
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Rita Mokbel, Head of Ericsson Vietnam |
A key element of Vietnam’s development strategy is the digital economy, which is set to account for 20% of GDP by 2025 and 30% by 2030. 5G will provide the critical infrastructure to drive Vietnam’s digital transformation. Ericsson fully supports and endorses this vision, and is committed to helping Vietnam achieve this important strategic goal.
There are now more than 200 5G networks in commercial service, with Ericsson leading the market, supporting 158 live 5G networks in 67 countries across five continents. In Vietnam, we have been supporting mobile service providers’ commercial 5G pilots since 2020 and are actively working with mobile service providers to ensure Vietnam is at the forefront of 5G development.
As Vietnam’s long-term and trusted strategic partner, we will continue to share our global 5G experience with our customers in Vietnam to help them achieve successful coverage and capacity deployment with resilient network performance, scalability, simplicity and security as our foremost priority.
Ericsson’s 5G portfolio can significantly reduce the cost and energy per delivered gigabyte. Today, modernizing 4G sites with 5G improves capacity by 10 times and reduces energy consumption by about one-third. In addition, roughly half of the 5G traffic outside of China runs on our network.
We have the right 5G portfolio to enable our customers to deploy 5G SA and NSA networks in all major frequency bands for global deployment. Ericsson Radio System hardware has been 5G ready since 2015 and can also be used for 5G New Radio, including standalone, with remote software installation.
Additionally, we have shipped 10 million 5G-enabled hardware radios to our customers since 2015, giving us and our customers a unique advantage: it is the most deployed 5G-enabled radio in the industry today.
5G paves the way for increased investment in Vietnam’s smart manufacturing capabilities, supporting the government’s vision, focused on achieving sustainable annual productivity growth of 7 percent by 2025. As a long-standing partner, Ericsson will leverage its technology leadership and extensive 4G installed base to seamlessly and efficiently upgrade to 5G.
We are also actively working with mobile service providers to share not only our technological capabilities but also our knowledge of global, regional and local markets, ensuring Vietnam is at the forefront of 5G development.
The growth of the 5G ecosystem will go a long way in accelerating the adoption of 5G and Industry 4.0 by Vietnamese enterprises. Collaboration between industry, academia and government will forge innovative 5G use cases relevant to Vietnam.
For example, Ericsson is already working with RMIT University in Vietnam to provide training to RMIT engineering, science and technology students in 5G, Internet of Things, AI, automation, AR/VR, edge computing and blockchain.
The commercialization of 5G will benefit businesses willing to invest in modernizing their legacy systems with new technologies and applications that drive innovation, operational efficiency and growth. The first use case for private 5G networks will be increased operational flexibility, efficiency and reliability, further improving Vietnam’s labour productivity growth rate and contributing to the government’s target of 7.5% per year by 2030.
Vietnam is strategically focused on digital transformation across its society, economy and government. This three-pronged approach is visionary and we fully support it.
Announced at Mobile World Congress 2024, Ericsson’s latest radio portfolio additions consist of 12 new radio, software, transport and antenna solutions delivering improved performance, sustainability, openness and automation. The new portfolio further expands the broad range of radios ready for Open RAN, including products that deliver up to four times more uplink capacity, up to 25 percent energy savings and up to 49 percent carbon reductions.
The hardware is ready for 5G Advanced and Ericsson RedCap is our first software product. 5G Advanced is an important step towards a high-performing programmable network with enhanced performance, new services and automation capabilities. We have an ambition to achieve net zero across our value chain by 2040 and our latest portfolio supports our milestones of reducing emissions from our supply chain by 36% and reducing measured energy consumption by 40% for a typical new site by 2025.
Ericsson remains at the forefront of technology, creating network products that are best in terms of performance, sustainability and openness, to realize the full potential of innovation for 5G and beyond.
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Ericsson focuses on digital transformation with 5G
With Vietnam planning to commercialize 5G in 2024, Ericsson continues to deliver on its commitment to support the country’s accelerating digital economy journey. Rita Mokbel, Head of Ericsson Vietnam, speaks to VIR’s Bich Thuy about how the company plans to make this a reality. |
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Sustainability for long-term value creation
Ericsson was founded with the belief that communication is a fundamental human need and a vision to transform people’s lives. And for more than 145 years, the company has played a key role in changing people’s lives, industries and society for the better. The company is focused on embedding sustainability programs and practices across the organization to create unimaginable opportunities and drive positive impact for stakeholders. |
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5G networks are getting closer
Despite acquiring ownership of 5G spectrum through auctions, a return on investment may still be some way off for telecom groups. |