Wednesday , June 23 2021

Minister Nguyen Manh Hung: "A diverse approach, Vietnam will lead IoT" News

He shared with VnExpress His vision of IoT – Connectivity.

IoT is the keyword listed in CMCN 4.0, what are the benefits of the unification trend?

First of all, IoT will generate the most data. If we consider data for oil, IoT is an oil field with huge reserves.

Touching this data will generate new values. The sooner the IoT becomes, the more oil fields there will be. If each sensor is considered an oil field, the sensor price is too small for the value it provides.

The more efficient the extraction of data, the cheaper it is to invest in IoT. That's why AI and Big Data are technologies that come from IoT as twins.

I think IoT is a way to transform the physical world into a virtual world and make our society more creative.

The whole world is virtualized. The whole creation process, including designing, creating models, testing will take place in the virtual world – faster and cheaper than in the real world.

The cost of creativity is so small that each person can be creative at their own expense. It's really a revolution. IoT is a way to help every Vietnamese creativity that is very important for the diversity and flexibility of the Vietnamese.

The combination of the universe makes the world smarter. Downtown streets will say that I have a place and you can park here. IoT the physical world is the process of an intelligent world and life.

IoT society is a clever society, or as the Japanese people in society say 5.0. 1.0 society is a hunter society. Society 2.0 is an agricultural society, animal husbandry, agriculture. Society 3.0 is an industrial society. Society 4.0 is an information society. Social 5.0 is a smart society.

Intelligent society is a more effective society, Vietnam has limited resources, IoT is the end to make everything work more effectively.

Vietnam was slow with many technological trends in the world, what opportunities for us in this new trend?

IoT is CMCN 4.0 platform technology. For the first time in human history, inanimate objects speak and communicate with each other and with people.

We already know the world of 7 billion people, but the world of trillions of things is unimaginable.

I think that this is a great opportunity for those who dare to accept the new world, dare to learn and take the initiative. Another approach, completely different, is Vietnam, which will help us to conduct the Internet of Things.

It can go forward and move forward. Our society is not automated, there is no large virtualization. In developed countries, a higher level of virtualization, but using old technology, not IoT.

Internet of things is cheaper, easier to implement, so we can and should go straight to IoT to virtualize the physical world. In this way, we have a chance to move forward, as do Asian countries, because the latter, when it comes to banking in the traditional way, should most effectively use mobile banking. This should be considered as an opportunity for Vietnam to change its ICT rankings around the world.

The Internet of Things is growing strongly on a global scale, what must we do to keep up with trends and change ICT rankings?

On the IoT connection platform, with a strategy until 2020, virtually all Vietnamese households have a fiber-optic cable, each with a smartphone and a 5G cellular infrastructure. IoT before, Vietnam will be one of the few countries that provide good IoT connectivity.

The greatest advantage of Vietnam is good telecommunications infrastructure, there are several strong telecommunications companies that can invest in nationwide coverage. The Ministry of Information and Communication has also developed a sufficient number of numbers and IP addresses for billions of IoT devices.

IoT is an industry. The first is the sensor industry. Mobile phones are a huge industry, because every person has a phone, which is a total of 6-7 billion phones. But IoT is much bigger.

It will be hundreds of trillions of equipment. Vietnam has bypassed the era of consumer electronics, end devices such as mobile phones, so I must take the opportunity to produce the Internet of Things.

You have to go straight to the production of IoT equipment. He must start by mastering the project, integrating it with a complete commercial product, mastering the basic technology. This is an opportunity for the ICT industry in Vietnam.

IoT includes platform technology, platforms and applications. Platform technology requires about 5% of enterprises to run a business, not large ones, and can be large companies with potential technology and finances that need more investments to invest in advance, such as Viettel, Vingroup, VNPT, FPT, CMC .

Companies that create more platforms, around 15%, can be software companies, build platforms and tools for writing applications. The remaining 80% is the majority of companies developing applications, which may be small and medium enterprises, even everyone.

So, to develop the Internet of Things, large enterprises, whether private or state, responsible for the country, for the future of the country, have to invest in advance, create jobs and working conditions so that the best IoT people in the world work here, becoming IoT Vietnam core.

The best way to create human resources is to create demanding tasks. The work will create people. The great one will create a wonderful one.

And what about security, sir?

The more we live in a virtual world, the greater the importance of security and information security. Vietnam must develop the network security industry.

I believe that there are many Vietnamese who are good at cyber security. This is also our chance to provide network security for IoT devices. The early application and widespread use of the Internet of Things will help Vietnam to become a great force in network security.

What do you think about this point: in Vietnam, CMCN 4.0 is a revolution in politics, not a revolution in technology?

Yes, it's a revolution in politics, not a revolution in technology. First of all, apply new business models, new technological changes, called X-Tech, such as Fintech, EduTech, often the creative destruction of the old one.

We assume that new technology will come, people will come, and a new industry will emerge, the cradle of Vietnam will create export products. But it must be accepted early, earlier than others.

Walking with others, going with others will not have a chance to change rankings. By accepting new things, we can lose some things. But we do not have so much to lose, it's our chance.

While leading the Viettel Group, he was considered very practical. As a minister, what approach do you use to develop a policy?

A political approach in a traditional way is usually: management is open, go where it is open, where it can not be closed.

The new approach adopted by many countries, called the Sandbox approach: What is impossible to master is unmanaged, self-developed, but in a certain space, at a specific time, the problem is clearly revealed, which is often not as big as initially managers expected. Then, policy formulation, management rules.

I believe that this is one of the political approaches appropriate for the CMC version 4.0, suitable for adopting new business models, for embracing innovative innovations, creative destruction of the old.

When the industrial revolution comes, the future is not on the long path of the past. Countries like Vietnam have a chance to break through.

But it must be new, non-traditional thinking, not sequential. Both state management and the whole business requires a breakthrough in thinking, in politics, in approach.

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