Global Vietnam IoT

Change your lifestyle

Since his son gave him a smart watch, Mr. Le Van Tung (living in District 6, Ho Chi Minh City) has been regularly recording his heart rate and blood oxygen levels in a notebook to present to his doctor at each follow-up visit. Halfway around the world, in California, USA, a smart wearable device has also helped Ms. Betty Nguyen connect online with her family doctor to monitor her health status anytime, anywhere. The Internet of Things (IoT) has changed people's lifestyles.

As one of the three core elements of digital transformation, IoT helps reduce operating costs, improve user experience, improve productivity and efficiency, and improve decision-making. IoT is widely used in smart homes, automatically turning off electrical appliances when not in use; managing and maintaining apartments through smart monitoring devices, searching for lost items in the house; supporting users to remotely control daily tasks such as: vacuuming, making coffee, cooking, washing clothes, air conditioning and controlling other household electrical appliances...

VNPT's booth at Vietnam - Asia Smart City Summit 2023 Photo: VNPT

In agriculture, IoT helps monitor environmental conditions; monitor livestock health and crop status; manage livestock and crop farming; automate agricultural production processes; monitor wildlife, especially endangered species. In 2022, the Farmers' Association of Bac Giang province selected Mr. Hoang Dinh Que's family in Quynh Son commune, Yen Dung district to deploy an IoT application model in pig farming. The farm was supported with nearly 500 million VND to design sensor systems, automatic feeding, and software applications to automatically monitor and notify the growth and development stages of livestock. The entire farming process is automated through software on computers and mobile devices.

This IoT model helps reduce labor and reduce diseases. Currently, each barn only needs one manager and each session only takes from 2 to 2 hours and 30 minutes. The Association is supporting 3 greenhouse farming models applying IoT technology in Luc Nam, Hiep Hoa and Yen Dung districts. These models are equipped with sensors, internet connection, and application of smart management programs and software from production to harvest, market promotion, and traceability of agricultural products, etc.

In a recent speech, Mr. Nguyen Manh Hung, Minister of Information and Communications, emphasized that IoT is the way to transform the physical world into a virtual world and make society more creative. Vietnam has identified the formula for digital transformation as data + cloud computing + artificial intelligence (AI). IoT has now developed to a new level suitable for the AI ​​era, which is AIoT with IoT devices integrated with AI technology.

Reply Storm argues that IoT will increase the pervasiveness of the internet by integrating every object to interact through embedded systems. This results in a highly distributed network of devices that communicate with humans as well as other devices. IoT is present in sensors that help people live in smart cities and smart homes.

Develop multiple projects

Currently, many Vietnamese enterprises, from technology giants to start-ups, are having many IoT projects such as providing IoT solutions and services, as well as researching and manufacturing IoT devices. Vietnam also has a lot of capacity to develop AI applications, creating conditions for integration into "Made in Vietnam" IoT.

Viettel Military Industry - Telecommunications Group has provided the market and is researching and developing a variety of IoT products, both hardware and application solutions, suitable for customers' needs such as: smart apartments (Home Camera), smart watches (MyKID), smart cars (Vcar), asset management (Smart Motor, IoT V-Tracking), personal health (VHealth), smart offices (AI Camera), smart positioning (vTag) ... Vietnam Posts and Telecommunications Group (VNPT) has also built the VNPT IoT Platform and is the only B2B IoT service provider with the international standard IoT platform oneM2M in Vietnam today. With the orientation of one platform - multi-connection, VNPT IoT Platform is developed to connect all IoT applications and IoT devices through the shared core software system CSF in accordance with the international standard oneM2M.

FPT Software is introducing its IoT solutions, applications and services to the global market. The company has been ranked among the top 8 IoT providers in the Asia-Pacific region in 2022 by Forrester Wave, a global technology consumer research and guidance platform. FPT University has also opened an IoT major, approaching from the basics to learn and research more deeply about hardware and connecting to mobile platforms and information systems. FPT Corporation has made a breakthrough in "Make in Vietnam" by developing the first semiconductor chip line researched and designed by Vietnamese people. This chip line is shipped to a factory in Korea for processing, manufacturing and packaging. The chip line developed and designed by FPT can be applied to IoT services and products such as in the medical field. At the end of 2023, FPT Semiconductor confirmed that it had received orders for 70 million chips in 2024 and 2025 for customers in Taiwan (China), Korea and Japan in the fields of medical equipment and many electronic applications. With this result, Vietnam is completely capable of designing a line of power chips with competitive prices compared to even the world's major brands.

According to Minister Nguyen Manh Hung, with the strategy of each Vietnamese household having a fiber optic line, each person having a smartphone and widespread 5G mobile infrastructure, prioritizing IoT, Vietnam will be one of the few countries that ensures good IoT connection infrastructure. Vietnam has missed many opportunities to participate in games, even global trends and technologies. Vietnam is currently developing IoT mainly to serve personal needs, specifically health monitoring. Meanwhile, IoT technology can only truly be effective and bring benefits to the digital society when relevant agencies and businesses promote IoT applications in their activities and services.

One of the main tasks of 5G is to serve IoT. 5G is the optimal platform for developing IoT applications. Therefore, telecommunications operators in Vietnam need to promote commercial coverage of 5G mobile networks.

Expected to reach 7 billion USD by 2025

In 2022, the number of connected IoT devices in the world will be 13.14 billion USD. Meanwhile, the number of smartphone subscribers in the world will be about 6.4 billion devices. According to the Department of Information Technology and Communications Industry - Ministry of Information and Communications, the size of Vietnam's IoT market reached more than 2 billion USD in 2019, and is expected to reach 7 billion USD in 2025.

Source: https://nld.com.vn/iot-viet-nam-toan-cau-19624020514330421.htm