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Wednesday, June 17, 2020

Future Vietnamese Digital Economy (Part 4)


4. What is the digital economy?
All businesses and services that have a business model based primarily on selling or servicing digital goods and services or their supporting equipment and infrastructure. (G20 and Oxford Dictionary)
The digital economy includes emerging phenomena such as blockchain-based networks, digital platforms and social media, e-businesses (e.g. e-commerce, parts of traditional sectors which use digital-enabled technologies in Industry 4.0 or precision agriculture); businesses involved in the development of software, apps and other content and media creation, and associated training and services; and businesses engaged in creating and manufacturing ICT equipment.

5. Vietnam Policies supporting the digital economy
The Vietnam Government views digital transformation across the broader economy as critical to continued growth and prosperity. Its commitment is seen in the number of policies, master plans and directives published over the last 30 years that have stressed the need to invest in critical infrastructure, build the ICT industry, promote e-commerce, and adopt technology as a means of lifting productivity.
These directives and decisions address the need to dramatically expand Vietnam’s national information infrastructure, strengthen its human resource base (especially IT professionals), and liberalize its legal and regulatory environment to encourage greater foreign investment and in the ICT sector.
The Vietnam Government has also linked increased innovation (including the development of the digital economy) as a driver of economic growth, with increasing creativity and experimentation, and a culture of openness and freedom.

6. Supportive telecommunications infrastructure
6.1 Expanding digital infrastructure and coverage
Reliable telecommunications infrastructure is critical to the development and expansion of the digital economy in Vietnam. Existing infrastructure has so far accommodated the voracious demand for bandwidth, but issues are arising with dropouts from undersea cables, local congestion on the network, and mobile phone connectivity and coverage.

6.2 Backbone infrastructure
The backbone Internet network in Vietnam is built on fibre optic technology using dense wavelength division multiplexing and synchronous digital hierarchies. One overland and six submarine cables connect Vietnam to the rest of the world. The submarine cables include the Asia America Gateway (AAG) cable, which runs via Hawaii to the USA; the Intra Asia cable; the SMW3 cable (Southeast Asia, Middle East, Western Europe); and TVH cable (Thailand, Vietnam, Hong Kong). Most of the country’s connectivity relies on the AAG cable. Unfortunately, it seems to be the least reliable connection, and has already suffered serious outages.
The Vietnam National Internet Exchange (VNIX) was launched in 2003. It transfers domestic Internet traffic between service providers across three regions: the North (Hanoi), the South (Ho Chi Minh City) and the Middle (DaNang). In January 2018, the VNIX bandwidth was 211 Gbps with total network traffic reaching nearly 40 million gigabytes.
In 2008 Vietnam successfully launched its third satellite service, the Vinasat I satellite, to supplement terrestrial Internet connections and reach areas that are too expensive to connect via overland cables. However, while Vinasat I has high capacity and can transmit Internet services to all regions of the country, satellite signals tend to be weaker and less reliable in a range of weather conditions.

6.3 Mobile phone coverage and spectrum use
Terrestrial 3G mobile wireless services were launched in Vietnam in 2009 and 4G services were licensed in early 2016. In October 2016 four telecommunications companies were granted licenses to install 4G LTE networks, with a view to supporting Internet of Things applications and Smart City infrastructure. These networks are currently being rolled out.
In early 2018 the mobile network covered all 63 provinces of Vietnam: 43,000 4G stations have been deployed nationwide, covering 95% of the country’s population. Vietnam also has plans to introduce 5G networks by 2020. Viettel, VNPT and Mobifone are the dominant companies in the telecommunications market, together holding more than 90% of total market share.
Despite the improved Internet coverage, a substantial gap remains in access to mobile broadband services between remote rural or mountainous areas and urban areas.

6.4 Connection speeds and network security improving
With average download speeds of 9.5 Mbps, Vietnam is ranked ninth in the Asia Pacific region and 58th in the world in terms of average connection speed, above China, Malaysia, Indonesia and the Philippines.
Vietnam has a growing number of secure Internet servers. These are critical to e-commerce as they encrypt online transactions, helping customers to trust and engage with online retail. However, at 19 secure Internet servers per 1 million people  Vietnam still has significantly less secure servers per capita than the world average (215), South Korea (2201) and Thailand (33). It is close to the number in China (21), and greater than Indonesia (10).

6.5 Spectrum use and allocation
Spectrum allocated for use by the mobile phone and broadband sector in Vietnam sits in the 630 MHz range. Economic returns are higher than for spectrum allocated for other purposes, such as radio and television. Some US$5021 million economic benefit was generated by the mobile network spectrum in 2015. This is expected to reach US$8211 million in 2020. The efficiency of the mobile spectrum has increased over time.
There is increasing demand for more spectrum to be allocated for mobile broadband use. Mobile subscriptions have grown by 2 million per year since 2012, and millions of new services are predicted to come online over the next decade. It is highly likely that most people connected to the Internet in the future in Vietnam will be connected through mobile devices alone. The expanding Internet of Things will create further traffic and congestion on the existing spectrum allocated for mobile use. It is estimated that around 75% of connections in 2020 will be to machine-to-machine devices via short-range wireless services.



Source: Vienam Today – Data61 - 2018

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